Protecting Device Innovation: An Interview With Tom Fogarty

Noted physician-entrepreneur Tom Fogarty has long been known for inventing breakthrough products. Here he discusses his recent efforts to protect the medical device innovation model, and corrects what he sees as serious flaws in its long-term viability, especially in the U.S.

It’s hard to imagine Thomas J. Fogarty, MD, wearing still another hat and playing yet a different role in the medical device industry. You would think that by now, having spent nearly 50 years in the business, he has pretty much done it all – surgeon, inventor, entrepreneur, investor, and mentor ( and certainly earned the right to relax and enjoy his winery in the Santa Cruz Mountains. But even with all that Tom Fogarty has accomplished – he was recently named the first Fellow of the National Academy of Inventors ( that assumption sells him short. His new mission is focused on protecting the innovation ecosystem that has produced the device technology revolution that he has helped lead.

Fogarty’s efforts have resulted in more than 100 inventions. He has more than 70 patents to his credit and has started more than 30 companies. But over the last few...

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