Samir Sahoo Email & Phone Number

Sudbury, On, Ca

We are a MedTech company building novel rehabilitation systems based on deep research in neuroplasticity to help Stroke and TBI survivors regain lost hand function.• Led end-to-end product development for the MyHand System, managing a diverse team of engineers, programmers, and clinicians, from concept to commercialization.• Successfully obtained regulatory approvals from FDA, Health Canada, and regulatory bodies of APAC Markets, ensuring compliance and market readiness for the System.• Directed the Healthcare Economics Project, analyzing and justifying the economic value proposition of the IRegained MyHand System which is pivotal to the System adoption.• Led the product requirements planning and ensuring the MyHand System embodying all desired features and benefits for patients and clinicians.• The device has been launched in the market, with early sales, and targeting 40,000 rehab centers across North America and poised to improve the lives of 100 million stroke survivors worldwide.• Achieved preliminary revenues of $30,000 and built a pipeline of over $500,000 in projected revenues for 2024, starting from the pre-revenue stage of the company.• Oversaw a team of 13 staff members, including engineers, programmers, clinicians, an industrial designer, and independent sales representatives.• Find fulfillment in guiding technology from concept to market, managing a high-performing team, and aligning various functions to achieve company goals within resource constraints.• Key experiences to emphasize in professional interviews include navigating challenges during product development, achieving milestones with limited resources, developing comprehensive business plans, and managing internal healthcare economics projects.• Responsibilities include customer development, funding applications, engaging with investors and partners, overseeing manufacturing projects, managing sales pipeline, exploring financing options, and leading marketing efforts.

Toronto, Ca

RICA beverages has developed ChaiEasy - World's first automatic chai-maker that prepares authentic tasting homemade chai using fresh ingredients with the press of a button and no cleaning hassles afterwards.• Conceptualized and developed a novel solution addressing a significant market gap.• Led the entire product development lifecycle, from concept and engineering to prototyping and commercialization.• Managed the end-to-end intellectual property protection process, resulting in the successful acquisition of a patent in multiple jurisdictions.• Orchestrated the launch of the product across various channels in North America, both digital and physical, overseeing the execution of multifaceted marketing and sales strategies.• Spearheaded fundraising efforts, securing $1.1M in capital to drive critical company operations, including R&D, manufacturing, marketing, and sales.• Led the establishment of a wholly owned subsidiary in India and the set-up of a factory along with a supplier base of over 20 suppliers both in India and internationally.• Manufactured 1000 machines, generating approximately $100K in revenue in the first year.• Successfully launched ChaiEasy on multiple platforms including Amazon, ChaiEasy.com, and retail outlets like Kitchen Stuff Plus.• Secured patents in the US & UK and trademarks in the US and Canada.FRESH. ONE PRESS. NO MESS.

Toronto, Ontario, Ca

• Spearheaded the commercialization of several cutting-edge medical and healthcare technologies.• Successfully incubated and launched four startups from MaRS Innovation within a three-year timeframe.• Provided support and mentorship to over 30 startups within my portfolio at MaRS.• Pioneered the launch of the AccelMED program, aimed at facilitating product development and regulatory approval processes for early-stage medical technology startups.

Toronto, Ontario, Ca

Responsible for due-diligence on new technologies and feasibility assessment for seed investment in early stage companies/start-ups.

Toronto, On, Ca

• Responsible for developing a Venture Intake and Management Process for advisory services to early stage health ventures• Responsible for doing due-diligence on a portfolio of over 300 start-ups under MaRS Health Venture portfolio.

Warsaw, Indiana, Us

• Managed Zimmer’s spine product portfolio and turned it around from declining sales to generating 8% growth in sales within one year and over 30% growth in the next 2 years through strategic targeting of competitive customers, launching high potential products and optimizing inventory deployment. Built a detailed business plan to grow the spine portfolio from $2M to $5M in 5 years.• Enabled Zimmer enter the Canadian Biologics market by executing the end-to end strategy on the launch, distribution and sales of a novel bone graft substitute product named Actifuse from Baxter. Generated $500K in sales in just over a year and ensured strong sales rep engagement to keep the growth on track for the product to generate $5M in sales in 5 years.• Launched Zimmer’s Large Bone Power System in the $ 40 M Canadian market and managed the entire launch planning process including market research, business plan, financial analysis, inventory strategy, technical sales training, product promotion and product evaluation process.• Identified the market needs for the $ 9 M Large Bone consumables market and launched Zimmer’s 'Stablecut' Blade portfolio in the Canadian market. Managed the entire product launch process and developed the strategy for marketing and promotion, pricing, competitive conversion and sales training.• Managed and implemented an internal consulting project to develop a standardized new product launch process along with all the tools and content to enable the marketing team execute successful product launches.

Warsaw, Indiana, Us

•Managed a $30 M Global Portfolio Rationalization Project to improve company’s strategic focus and sales force efficiency while minimizing financial impact through optimized inventory obsolescence.•Researched the Hip Fracture Market and identified key unmet market needs, existing opportunities and gaps in Zimmer’s current product offerings to develop a comprehensive project plan.• Identified the user needs for key customer segments in Zimmer’s fastest growing Hip Replacement product in US Market to make a $3.5 M business case proposal.•Represented Zimmer’s $ 600 M Stem Portfolio for Hip Business Segment in orthopedic industry conferences like AAOS, manned the booth, provided product support, identified customer needs and gathered competitive information.• Traveled to several distributorships and hospitals to observe surgeries in OR with sales representatives to get first-hand understanding of THA procedure and identify key customer needs with Zimmer’s implants and instrumentation.• Represented Zimmer and provided product and instrumentation support to Residents at several training events.

Created the business-plan to raise Venture Capital for this Purdue University affiliated start-up company, Microfluidic Innovations, LLC and provided consultancy to commercialize its patented Lab-on-a-Chip Technology. This Business Plan had won the first prize in the Burton D Morgan Business Plan Competition and was selected among the Top 5 Finalists at Oregon NVC 2010 out of 150 teams. I also represented the company at the world'd biggest Business Plan Competition at Rice University. We received significant media attention (http://www.chron.com/disp/story.mpl/business/6963078.html) and captured Venture Capital interest.

West Lafayette, In, Us

Concentration in Supply-Chain Finance and Strategy.Have a Vision to start entrepreneurial ventures in "Green technology and Sustainability"​Professional Experience:Net Impact, Purdue Chapter President links: http://netimpact.org/ http://www.netimpactpurdue.org/• Led project “Fortrig” – a business plan development project in coordination with Birck Nanotechnology Center to commercialize a new patented process technology for manufacturing energy efficient LED lighting. Won the Tennessee University Global Venture Challenge and raised VC funding over $40,000 through several “Mootcorp” business plan competitions. • Created and conceptualized a business plan with a PhD student to expand operations of Ankur Biotech, an existing Biotech firm in India, by producing cost efficient “Bio-diesel” using genetic mutation and cloning technology on “Salicornia”. • Coordinated with the Wade Utility Plant and Purdue Sustainability Council to conduct detailed financial analysis and develop a feasible investment plan for using carbon neutral fuel in one of the power generation boilers.

Seattle, Wa, Us

• Re-designed the process flow in a “Kaizen” project using “Lean Tools” to increase the throughput for FBA apparel items by 150%resulting in an annual savings of $ 1.5 M.• Developed and tested innovative process design models using Six-Sigma tools and DMAIC process to optimize speed, quality andcost for Amazon’s apparel product line. Proposed solution resulted in an annual savings of $1.7 M at a ROI of 130%.

• Conducted extensive market research survey on internet security awareness in Bangalore, opening new avenues for entrepreneurial ventures.• Provided outstanding business support through the pilot launch of a new product by 8Falcons.com, a First Legion Consulting Pvt. Ltd. venture, increasing their market share by 20%.

San Ramon, Ca, Us

• Managed critical maintenance projects of $2 million with the Marine Maintenance Team (MTT).• Completed critical project with Samsung Technical Support Team during voyage, saving demurrage costs worth $ 1 million.• Developed a highly efficient Simulation Program for reporting crucial legal data on shipboard oil transfers resulting in 80% time reduction.• Integrated Vessel’s Bunker Consumption Statistics into the Fleet Information Database reducing manual work by 60%.• Developed implementation strategy for Behavior Based Safety System, improving safety metrics and company’s reliability. • Successfully avoided major fire in ship by early detection & timely action.• Optimized inventory levels with ABC Stratification to match maintenance requirements with procurement lead time. • Integrated ship’s provision consumption metrics with APS System to meet forecasted demand levels with 99% precision.• Estimated bunker sourcing requirements with 96% accurate safety lead time.

Master Of Business Administration (M.B.A.), General Management

B.E, Marine Engineering

High School, Science