Key Idea: Hire Your ReplacementKen Beuchler says their product makes testing easy but building it is very complex. |
Key Question:A:
Yes and you should. Kim was nervous about taking the company public and when it started to happen he was smart to hire his replacement. Q: Who did Kim look for to take over his job which was running the company day-to-day? Think about itWhat keeps you from passing the torch? Do you have someone you are training that can move into your place soon? Are you nervous that, if you pass the torch, you won't have anything to do? Do you think your life might feel empty if you didn't have to be in the office everyday? Clip from: Biosite is helping to save healthcare.San Diego: Early insights by three people, Dr. Gunars Valkirs, Kim Blickenstaff and Dr. Ken Buechler, opened the way to develop devices that are now used virtually every second of a day to aid hundreds of thousands of emergency medical technicians, nurses, doctors and patients to diagnose medical conditions faster and more accurately. In this episode of the show, you will see their little device, Biosite Triage® for rapid diagnostic testing, in action. When they had the idea, everyone told them, "You're crazy. No way! It'll never work." They began their business in 1988. Today, it is a global organization with annual revenues over $250 million. And it is all based on a product line that never ever existed before they created it. The firm's first product, The Triage Drugs of Abuse Panel, was cleared by the U.S. Food and Drug Administration (FDA) in 1992. They didn't stop there. They now test for congestive heart failure, heart attack, and a long check list of diseases with very strange names. Beyond their unstoppable energy and passion for continued research and exploration is the belief that their success to date does not begin to scratch the surface of the potential of diagnostics. Here you look into the heart of creativity. Editor's Note: Since this episode was taped, Biosite was purchases by Innverness Medical Innovations. Go to all the Key Ideas and Videos of this episode... Biosite, Inc.Kenneth Buechler, co-founder, President, Chief Scientific Officer
9975 Summers Ridge Road Visit our web site: http://www.biosite.com
Office: 858.805.8378
Business Classification: Year Founded: 1988 Hire Your ReplacementHATTIE: Did your life change when you said we're going to do an IPO? Not a member yet? Learn! Be empowered! Join us! |
|