Episode Description
In this episode of Medsider Radio, we sat down with David Veino, President and CEO of Neuros Medical.
Neuros is commercializing the FDA-approved Altius Direct Electrical Nerve Stimulation System for chronic post-amputation pain.
Before Neuros, David held senior commercial leadership roles at Cardiovascular Systems (CSI) and Stryker, and helped grow CSI's coronary and peripheral business from approximately $50 million to more than $250 million in annual revenue while leading key amputation-prevention initiatives. He also serves as a private equity advisor with Sectoral Asset Management.
In this interview, David discusses how commercialization begins by mapping the patient journey upstream, what it takes to generate gold-standard clinical evidence for a novel therapy, how investors assess scalable medtech businesses, and how to build an investor pitch that earns the next meeting.
Before we dive into the discussion, I wanted to mention a few things:
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If you'd rather read than listen, here's a link to the full interview with David Veino, which includes a link to ScottBot — an AI version of host Scott Nelson trained on every Medsider interview and playbook. Feel free to ask ScottBot any questions you'd like!
KEY MOMENTS FROM THE INTERVIEW
- (03:02) - David's 30-year medtech journey from cardiovascular devices to leading Neuros
- (04:38) - How Neuros is treating chronic post-amputation pain with on-demand neuromodulation
- (11:08) - Why Neuros completely changed its strategy halfway through the pivotal trial
- (15:36) - Why commercialization starts with referral pathways, not end-users
- (18:09) - How prosthetists became one of Neuros' most important referral sources
- (26:11) - What it takes to generate gold-standard clinical evidence for a first-of-its-kind therapy
- (37:41) - Building an investor pitch that earns the next meeting
- (41:42) - What gets David excited enough to invest in a medtech company