One Of Medtech’s Most Successful Men Reflects On Failure

Dr. Manny Villafaña is one of the most successful men in the history of medical innovation, having founded some of the most successful companies in the industry, including Guidant Corp., which was sold to Boston Scientific for more than $27 billion and St. Jude Medical (NYSE:STJ).

His most recent venture, Kips Bay Medical was supposed to be his best work yet. However, problems with the FDA and shortfalls on funding doomed the company, which shut down in September 2015.

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