NLC and MD squared conclude Framework Agreement for Venture Support
June 17, 2020, Amsterdam/Eindhoven
NLC - the European HealthTech Venture Builder, has entered Framework Agreement with the Eindhoven based MD squared, a Medical Consultancy for Medical Devices, on offering project support for its ventures during their incubator, start-up and scale up phase.
‘Regulatory compliance is key to advancing health’, says Bert-Arjan Millenaar, founder and CEO of NLC. "This agreement gives our ventures the possibility to benefit from MD squared’s experience and customized, agile approach to regulatory affairs. With this agreement, our CEOs can focus on getting game changing innovations to market quickly, whilst fulfilling the highest standards of patient safety."
“We are very glad to team up with NLC and their unique approach to build successful ventures in the healthtech industry”, says Claus Schaffrath, MD MSc, Managing Director of MD squared. “Making a disruptive idea in a venture successful often hinges on critical first decisions. With the definition of your product you also make implicit choices which have a technical, regulatory or clinical impact. To allow NLC’s ventures to take informed decisions for an effective Product, Regulatory and Clinical Strategy we bring our marketing, technical, regulatory and clinical expertise together and help to set out for a regulatory compliant and value adding market entry.”
Build ventures. Advance health.
Since its founding in 2015, NLC has built a portfolio of over 40 healthtech ventures, making it the largest healthtech venture builder in Europe.
Our unique NLC approach - ‘entrepreneurship at scale’ - allows us to find inventions, and create and support ventures that have a life changing impact on patients around the world. Led by winning teams, together with our dedicated network and driven by data and learnings, we build more ventures every year.
MD squared offers Medical Consultancy for Medical Devices. Its multi-disciplinary team provides marketing, technical, regulatory and clinical expertise to support MedTech companies from product ideation to market access and along the lifecycle of a Medical Device. We have developed structured programs on Product Claim development and to assess and advance Start-Up market readiness, enabling our clients to make informed choices, identify potential gaps and drive value creation in their exciting journey of advancing with their products the current Standard of Care.