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Bootstrapping to a $2 Billion Exit - The Baylis Medical Story
Frank Baylis and Kris Shah share their remarkable journey transforming and bootstrapping Baylis Medical Company to a $2 Billion exit and acquisition by Boston Scientific in October 2021.

Scott Phillips interviews Frank Baylis and Kris Shah, then moderates live audience Q&A in a special 90-minute webinar event.

Topics include:

- Secret to Long Partnerships
- Bootstrapping from 2 to 1000+ Employees
- From Distributor to Manufacturer
- Managing Mistakes
- Adding a Board
- Increasing Exit Value
- Seeking an Exit
- The Future

Average audience rating for Medical Device Playbook events: 9/10! "Honestly, I am very impressed with the caliber of guests and topics covered. Keep up the good work."

May 25, 2022 10:00 AM in Vancouver

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Frank Baylis
Executive Chairman @Baylis Medical Technologies
Frank Baylis is presently the executive chairman of Baylis Medical Technologies, a leading medical device company focused in the areas of interventional radiology and neurology. From October 2015 to October 2019 Frank was the Liberal Member of Parliament for the federal riding of Pierrefonds-Dollard. During that time, he sat on the Industry Committee, the Foreign Affairs Committee and the Ethics & Privacy Committee. He was also a founding member of the Black Caucus and the chair of the Canada-UK Parliamentary Association. Prior to being elected, Frank Baylis was President of Baylis Medical Company from 1989 to 2015. During that period Baylis Medical grew into a world leader in the development and manufacturing of medical devices in the areas of interventional cardiology and pain management. Baylis Medical Company was sold to Boston Scientific in 2021 for $1.75 billion US dollars. Frank is a Professional Engineer with a degree in electrical engineering from the University of Waterloo.
Kris Shah
President @Baylis Medical Technologies
Kris Shah is the president of Baylis Medical Technologies. Kris joined Baylis in 1989 as a co-founder and served as president from 2015 until the company was acquired by Boston Scientific in 2022. Baylis Medical Company is a leading developer, manufacturer, and distributor of specialized medical devices for interventional cardiology. The company had previously divested its Interventional Pain Management business to Kimberly Clark (now Avanos) in 2009, and its Bone Tumor Ablation business (OsteoCool) to Medtronic in 2016. Kris also co-founded the consulting business OME Group in 1991, which was sold to Ernst and Young in 2011. Kris is an active board member for AdvaMed Accel and Intellijoint Surgical. He has served on the boards of Venture Lab, MEDEC, and the Business Advisory Committee of HTX and Conavi Medical. His accomplishments include numerous patents, the EY Entrepreneur Award for Healthcare in Quebec (2011) and the University of Waterloo Alumni Achievement Award (2014).
Scott Phillips
Founder & CEO @StarFish Medical
Scott holds a degree in Engineering Physics from the University of British Columbia. Prior to starting StarFish, he worked in diverse areas such as lithium battery development and manufacturing, UV spectroscopy instrumentation and hi-fi audio speakers. Under his leadership StarFish has grown into a diverse professional organization with clients around the world and 100% focus on medical devices. Scott is a Chair of the LifeSciences British Columbia board, member of the 2022 VIATEC Board of Directors, Fellow of The Canadian Academy of Engineering, winner of the EY Entrepreneur Of The Year™ 2017 Pacific Awards Technology category, 2017 recipient of the VIATEC Technology Champion award, and volunteers with Junior Achievement, Entrepreneurs Organization, and University of British Columbia.