Mike Dempsey has been working in the field of medical devices for more than 30 years; during this time, he has invented or led products that have treated over twelve million people. Mike holds over a dozen patents on various medical devices. Mike has founded and led three successful medical device companies.
Mike is the Entrepreneur in Residence at the Center for the Integration of Medicine and Innovative Technology (CIMIT), the Director of the CIMIT Accelerator Program, the Co-Executive Director of the Center for Biomedical and Interventional Technology (CBIT) at Yale University, and a lecturer at MIT. Mike’s primary responsibilities in these academic settings are to lead academic innovators through the commercialization journey and to teach students the fundamentals of building medical companies. At CIMIT and Yale, Mike leads a team of highly experienced med-tech executives who join the academic team with up to a full-time commitment and for as long as two years, effectively acting as an interim CEO. This intensive, practical, and focused approach to facilitating the academic-to-commercial transition has led to a commercialization success rate of 42% and an average time to commercialize of 18 months. Mike was also the PI on several NIH SBIR grants, a frequent grant reviewer, and has received a special citation from the Commissioner of the FDA for “exceptional initiative and leadership to protect the public health.”
In addition to his health-tech experience, Mike is also the Founder of a non-profit entity called Clyde & Rose that provides “pay what you can” home maintenance services for people of limited physical or economic means.