First and foremost, I would like to thank everyone who has
taken the time to read what I’ve written on Investor Relations Musings over the
past 7 years. Over that time period I’ve posted 162 articles on topics that
have ranged from the tongue in cheek (essential life skills for the investor
relations officer) to the academic (efficient market theory) to the personal
(the importance of saying thank you). The blog has been accessed almost 60,000
times by approximately 40,000 different users from 153 different countries, so
hopefully I’ve given a few people something to think about.
Now, however, to use a phrase common among startups, I find
that my career has “pivoted”. Several months ago, as I was contemplating
retirement, a friend of mine from business school called me up and asked if I
would like to join him in starting up a medical device company. It sounded like
fun, so at the ripe age of 64 I find myself an entrepreneur.
I’m quite excited about the new company we are forming,
which will be called Arterium Medical. We’re going to use patented technology
to monitor and measure blood flow using Doppler ultrasound. Unlike traditional
ultrasound, we will provide doctors and nurses with quantitative data, not
images. And also unlike traditional ultrasound, our device is contained in a
thin film, which is applied using a bandage, eliminating the need for an
ultrasound technician. It’s really a neat little gadget.
In the past, doctors have used blood pressure readings in
their diagnoses, but in many instances, blood pressure is a proxy for blood
flow. We plan to help them measure what they really care about, which is the
blood flow that keeps organs and limbs alive. If we are successful, we think
that we can give doctors and nurses a new monitoring tools to help improve the standard of medical care in several areas.
With all of the tasks that come with a startup, from the
mundane - setting up offices - to the sublime – raising money – I will no
longer have time to rigorously follow and write about investor relations, so I
feel I must bring this blog to a close.
Thank you for being a reader.
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