Disrupting Fixed Structures in Medical Technology with Margaret Magdesian of Ananda Devices

Ripples of Radical Generosity

“The advantage of our technology is that we can support and predict if a certain medication will work for the patient or not.” — Margaret Magdesian, Ananda Devices

In this episode

Hear from Margaret Magdesian, founder of Ananda Devices. Margaret joins Coralus Development Guide MJ Ryan to discuss her background as a biochemist and pharmacologist, the path that led her to start Ananda, and her invention, which makes testing medications neurological diseases possible by creating a model of the human nervous system on a chip. They also discuss Margaret's experience in the Coralus community and celebrate the repayment of her Venture loan.

They also discuss:

• How this innovation reduces animal testing and delivers better medications to patients
• Getting her first contracts with cosmetics companies (L'Oreal)
• Experiences in Silicon Valley and fighting for a seat at the table
• Getting a contract with the FDA to become the gold standard for drug testing
• Her advice for people who are thinking of starting a business
• The challenges of disrupting structures that are very fixed
• Reflections from the Coralus PEI retreat this past June

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