From CPA to Innovator in Medical Device Technology with Justin Zenanko

The Deal Scout

The Deal Scout Newsletter: Unveiling Innovations in Medical Technology
I’m thrilled to share the latest episode of "The Deal Scout" with you! This week, I had the pleasure of sitting down with Justin, a remarkable guest whose journey from a certified public accountant (CPA) to a key player in the medical device industry is nothing short of inspiring. Here’s a sneak peek into our conversation and the key takeaways that you won’t want to miss.
Key Lessons and Insights:
From Numbers to Innovation**: Justin’s transition from a CPA to raising capital for groundbreaking medical technologies is a testament to the power of adaptability and passion. His story is a reminder that diverse experiences can lead to impactful innovations.
Capital Raising **: Justin’s first foray into capital raising was for a gene-editing project aimed at creating pig kidneys for human transplantation. Despite the fear and uncertainty, he successfully helped secure nearly $70 million, showcasing the importance of commitment and relationship-building in the world of venture capital.
Aligning Interests**: At SynerFuse, Justin emphasizes the importance of aligning shareholder and patient interests. His approach ensures that both groups benefit from the company’s success, working on creating a win-win scenario for all stakeholders.
Innovative Pain Management**: SynerFuse is pioneering new technologies that integrate stimulation with spinal surgeries to address chronic pain. Their innovative approach aims to improve patient outcomes and reduce reliance on opioids, a significant step forward in pain management.
Intellectual Property and Competition**: With over 80 patents filed globally, they believe they are well-positioned to defend its innovations. Justin discusses the competitive landscape and the challenges faced by smaller companies in the medical device sector.
Curiosities and Highlights:
Entrepreneurial Roots**: Justin’s interest in accounting was sparked by his father’s entrepreneurial spirit and a family friend’s advice that becoming a CPA would provide insights into numerous businesses.
Pioneering Gene-Editing Technology**: Justin’s decision to pivot his career and help raise capital for a gene-editing project marked a significant turning point in his journey.
I hope these insights spark your curiosity and entice you to listen to the full episode. Justin’s journey is a powerful example of how passion, adaptability, and a commitment to innovation can drive meaningful change in the healthcare industry.

Stay tuned for more inspiring stories and valuable lessons from "The Deal Scout."

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Josh Wilson is a licensed real estate broker and an investment banker, but this podcast is not a substitute for professional advice. We strongly recommend that you consult with a qualified financial advisor, legal counsel, and tax professional before making any financial decisions or taking any actions based on the information provided in this podcast.