Margaret Magdesian Finding Balance in the Eye of the Storm

Published: Nov. 21, 2019, 12:53 p.m.

b"How easy is it to be a female scientist? How easy is it to be a female founder and CEO? How easy is it to find work/life balance when you wear both of these hats and are building a family, too? In this episode, you will be hearing from Margaret Magdesian, founder and CEO of Ananda Devices, about her academic path, about how she transitioned to the biotech startup space, and about her answers to these important questions.
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\\nMargaret Magdesian is a scientist-entrepreneur with over 15 years of experience in biopharmaceutical research. In collaboration with researchers from McGill University, she has developed a great technology to rapidly grow human nervous-system-on-a-chip. Seeing the potential of this technology to accelerate drug development, in 2015 she raised funds with investors and launched the company Ananda Devices. The company has since won over 25 grants and awards in science and innovation including the 2016 Top 10 Quebec Discovery of the Year, the 2018 Top 7 SheEO in Canada, 2018 Canadian Export Challenge and 2019 Cartier Women\\u2019s Initiative Awards.
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\\nJoin the Papa PhD Postgraduate Career Exploration Group!
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\\nWhat you\\u2019ll learn about in this episode:
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\\n \\tThe differences between research in academia and in the startup context
\\n \\tThe importance of understanding your risks when embarking on a project, be it academic or entrepreneurial
\\n \\tHow university-based awards and programs can boost you in your startup project stemming from academic research
\\n \\tThe culture differences between academia and industry
\\n \\tThe value and social impact women can bring to the entrepreneurial arena
\\n \\tThe importance of being able to articulate your research in lay terms and adapt your communications to each different audience
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\\nThis episode\\u2019s pearls of wisdom:
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\\n\\u201cWhen we finish a PhD, we know how to get information. When someone talks to you about a new genetic approach, you know how to go to PubMed and go deep down. So what we really learn from a PhD is how to get information. I\\u2019m very disciplined \\u2013 I looked for books about financial budgets, scaling up, how to hire people, I read one about introverts and leadership, so several books that really relate to me.\\u201d
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\\n\\u201cWhat drives me every morning to go to work is the big goal, a sense of mission \\u2013 why am I doing this? Sometimes it seems overwhelming because there\\u2019s so much to do\\u2026 But it\\u2019s ok, I have a mission. Just grab some paper and step by step \\u2013 what I \\u2018m going to do first, second, third. And this is how you organize things and then move along, you know? And it\\u2019s so nice everyday that you tick a box. You see the mission coming, and it\\u2019s so much more exciting than depressing.\\u201d
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\\nMargaret\\u2019s links: LinkedIn \\u2013 Linkedin.com/in/margaret-magdesian-89954036; Website \\u2013 Anandadevices.com; SheEO \\u2013\\xa0SheEO.world; TEDx talk \\u2013 Youtu.be/xNYq6PwMV0U; McGill Dobson Cup \\u2013\\xa0 McGill.ca/dobson/entrepreneurship-programs/mcgill-dobson-cup
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\\nLeave a review on Podchaser !
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\\nYou might also like the following episodes:
\\nChris Kent \\u2013 Biotech Startup CEO: PapaPhD.com/11
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\\nJames Bowers \\u2013 Communication consulting: PapaPhD.com/39
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\\nKirsten Sanford \\u2013 Science communication: PapaPhD.com/13
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\\nMargaret Magdesian \\u2013 Biotech Startup CEO: PapaPhD.com/21
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