Dr. Tom Fogarty: Venture capital is dead and it’s starting to stink

November 10, 2014 by Brian Johnson

The director of the Fogarty Institute, medtech legend Dr. Tom Fogarty, shoots off some fireworks at MassMEDIC’s 18th annual Medtech Showcase.

In the 50 years since Dr. Tom Fogarty invented the catheter-based treatment for blood clots that’s now the standard of care, he’s founded more than 30 medical device startups, placing him among the most prolific inventors in the biomedical space.

Forgarty is also, without a doubt, the industry’s best quote.

“Venture is dead and they don’t know it,” he told a crowd of medtech execs in Boston Friday. “But they’re starting to stink.”



Josh Sandberg

Josh Sandberg is the President of Ortho Sales Partners and Partner for The De Angelis Group. He also serves as Co-Founder and Editor of OrthoSpineNews.

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