InventoRR MD strives to create innovative medical devices that improve patient outcomes and healthcare system efficiencies. We design, build and sell our suite of products across Canada and the United States.
Tell us about yourself?
I have a Master of Business in Entrepreneurship and Technology from the University of Waterloo. InventoRR is the third startup I’ve been on the founding team of, but the impact you can make in healthcare innovation and medical devices really drew me into the space quickly. Working with people passionate about patient care and improving patients’ lives really makes what we do at InventoRR rewarding.
If you could go back in time a year or two, what piece of advice would you give yourself?
For many important reasons, Healthcare can be a slow-moving space. Plan accordingly and expect things to take longer than your initial estimates.
What problem does your business solve?
InventoRR MD’s flagship product, AbClo, is an abdominal closure device. Working much like a corset, it assists in the closure of open abdominal wounds.
What is the inspiration behind your business?
Founded in partnership with St. Michael’s Hospital, our devices are inspired by our surgeon innovators and the challenges they see on the frontlines of our trauma care at the hospital. We aim to tackles pain points that they and their patients experience by bringing surgeons innovative inventions to the patients.
What is your magic sauce?
Our AbClo product’s main differentiating factor from our competition is its non-invasiveness. Our competition’s products are surgically invasive and anchor onto the patient to assist in wound closure, requiring operating room time and injuring the patient. Our non-invasive manner removes those drawbacks of care and facilitates closure in a less damaging way to the patient.
What is the plan for the next 5 years? What do you want to achieve?
Over the next five years, we hope to launch our AbClo device globally as well as bring additional medical devices from our portfolio to market. Our vision is to build a company with a suite of innovative products that benefit patients and physicians in some of the most challenging cases they face.
What is the biggest challenge you’ve faced so far?
We started InventoRR with a portfolio of inventions. Choosing which to pursue first has been one of our greatest challenges. We initially focused our efforts on a tracheostomy device but pivoted to our AbClo device when it became challenging to do experimental airway procedures as part of our clinical testing.
How can people get involved?
To learn more, please visit our website at www.inventorrmd.ca