Insight certainty 4/5 debate potential 1/5

Biotech startups scale through boards of Key Opinion Leaders

Erik Gatenholm · He 3D Prints Body Parts And Will Do $4m in 2016 with Erik Gatenholm of CellInk EP 241 · Apr 18, 2016 · at 5:42

CELLINK co-founder Erik Gatenholm discusses the necessity of establishing credibility and winning over Key Opinion Leaders when selling implantable biomedical products.

0:00 / 0:22exact quote · 23.0s
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“And the KOLs is key opinion leaders. It's kind of a board and special board that you establish of key surgeons and doctors in your field. We're interested in implanting this into animals or into humans. So these are basically your go-to customers that you want to get excited and they will talk about your product. They will get this product into other surgeons hands.”

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More from Erik Gatenholm

Prediction Didn’t hold up
CELLINK projects $4 million in total revenue for 2016
“Total 20 16 revenue, we're going to come up to approximately four four million dollars.”
Erik Gatenholm Apr 18, 2016 ▶ 15:55 He 3D Prints Body Parts And Will Do $4m in 2016 with Erik Gatenholm of CellInk EP 241
Insight
Gatenholm: Swedish Series A rounds can be as small as $500,000
“A Swedish round a could be basically 500,000 dollars.”
Erik Gatenholm Apr 18, 2016 ▶ 9:24 He 3D Prints Body Parts And Will Do $4m in 2016 with Erik Gatenholm of CellInk EP 241
Disclosure
CELLINK achieves roughly 82% margins on its bioprinters
“We have about 82% margins on them.”
Erik Gatenholm Apr 18, 2016 ▶ 15:11 He 3D Prints Body Parts And Will Do $4m in 2016 with Erik Gatenholm of CellInk EP 241
Disclosure
CELLINK is raising a $200,000 seed round
“We're raising about 200,000 dollars right now.”
Erik Gatenholm Apr 18, 2016 ▶ 9:55 He 3D Prints Body Parts And Will Do $4m in 2016 with Erik Gatenholm of CellInk EP 241
Assertion Not checkable as stated
Gatenholm: Swedish convertible notes typically convert within 12 months
“But it needs to be converted typically within 12 months.”
Erik Gatenholm Apr 18, 2016 ▶ 11:00 He 3D Prints Body Parts And Will Do $4m in 2016 with Erik Gatenholm of CellInk EP 241
Assertion Partly supported
Gatenholm: CELLINK's bioink is an 80% water natural polymer hydrogel
“It's a natural polymer. It's a hydrogel, which we call it. It contains, you know, about 80% water and it's, it needs to look and feel just like human tissue so that the human cells can, you know, thrive within it.”
Erik Gatenholm Apr 18, 2016 ▶ 13:49 He 3D Prints Body Parts And Will Do $4m in 2016 with Erik Gatenholm of CellInk EP 241
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