Listen "338. Strategics: How Siemens Invests in Medtech with Komeil Nasrollahi, Sr. Director of Innovation & Venture Partnerships at Siemens Healthineers"
Episode Synopsis
In this episode, Komeil Nasrollahi of Siemens Healthineers breaks down how corporate innovation really works. Discover why Siemens doesn’t need a venture fund to back startups; they offer something better: a global distribution network. We dive into the pitfalls of medtech adoption, the rise of non-surgical robotics, and how founders can position themselves for strategic partnership. Komeil Nasrollahi also shares the one AI tool he believes could become a multi-billion dollar necessity for physicians.Tune in for a masterclass in scaling medtech through partnership not just capital.Episode Breakdown00:00 – Opening Idea: Why Comfort Kills Innovation 00:56 – Omar Introduces Komeil Nasrollahi 02:15 – “Only the Paranoid Survive” & Why It’s the Ultimate Strategy Book 04:00 – How Siemens Thinks About Innovation & Disruption 06:10 – What Siemens Healthineers Actually Does (Full Breakdown) 08:15 – Imaging, Diagnostics, Therapy & Global Scale Explained 10:05 – Komeil Nasrollahi’s Day-to-Day: Tracking Trends & Talking to Startups 12:40 – How Siemens Evaluates Technology & Market Needs 15:20 – Venture Partnerships: When Siemens Engages vs Invests 17:45 – The “Highway” Analogy: How Siemens Helps Startups Scale 20:10 – Real Example: A Startup Siemens Helped Land Its Biggest Customer 22:35 – Advice to Founders: What Siemens Looks for Before Partnering 25:00 – Pre-FDA & Pre-Commercial Founders: Why You MUST Build a Pipeline 27:20 – Why Most Founders Don’t Talk to Customers Early 29:00 – How Siemens Sources Early-Stage Innovation Signals 30:45 – Direct Customer Conversations & Hidden Market Problems 33:00 – Why Some Technologies Fail: Workflow Integration Issues 35:10 – The Robot That Never Got Used (Great Example of Workflow Failure) 37:00 – What Hospitals Really Want From Medtech Products 38:15 – How Siemens Supports Innovation Through Global Centers of Excellence 40:00 – Market Shifts: Spin-Offs, Mini Strategics & M&A Trends 42:15 – Will M&A Return? Komeil Nasrollahi’s Candid Take 44:05 – When Startups Should Choose Strategic Money vs VC Money 46:00 – Why Medical Robotics (NOT Surgical) Is the Next Big Wave 47:10 – AI + Robotics + Data: The Future of Hospital Automation 48:00 – Final Thoughts + Where to Meet Komeil Nasrollahi (Conferences) 49:12 – Closing Message & Calls to ActionAre you a medtech CEO in need of some marketing help attracting investors, growing sales pipeline, and more? Go to GrowMyMedtech.com to book time for a free analysis.Subscribe to our Youtube Channelhttps://www.youtube.com/channel/UCGpL_rGt1LQJwinMq_K7gfgSubscribe to our LinkedIn Newsletterhttps://www.stateofmedtechpodcast.com/Follow The State of MedTech onLinkedIn https://www.linkedin.com/company/thestateofmedtechInstagram https://www.instagram.com/stateofmedtech/TikTok https://www.tiktok.com/@stateofmedtechX https://twitter.com/StateofMedTechFacebook https://www.facebook.com/stateofmedtech/Follow Omar M. Khateeb onLinkedIn https://www.linkedin.com/in/okhateeb/Instagram https://www.instagram.com/omar.m.khateeb/TikTok https://www.tiktok.com/@omarkhateebofficialX https://twitter.com/OmarMKhateebFacebook https://www.facebook.com/OmarMKhateeb/#MedTech #Innovation #Startups #HealthTech #CorporateVenture #Siemens #BusinessDevelopment #Strategy
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