Julia Hawkins: Transforming Healthcare with Technology | E96

LocalGlobe is a London-based venture capital firm that seeded impactful founders since 1999 at places like Citymapper, Improbable, Lovefilm, Moo, Wise and Zoopla. Investments that Julia has led include Oxford Nanopore, Vaccitech, YuLife, AccuRx, CoMind, Vira, Hertility and Spore Bio. Julia is on a mission to back ambitious, thoughtful and diverse founders to transform healthcare from scarcity of clinicians and appointments to ease of access through technology and to enable new and better treatments to reach patients.

Julia talks about the overlooked trends in healthcare innovation, particularly drug shortages, and how personal experiences navigating healthcare with her daughter shaped her investment decisions. Julia shares insights on heath tech, the importance of building effective teams, and the challenges in healthcare procurement. She also explores the role of technology, especially AI, in transforming healthcare and the exciting intersections of health tech and deep tech.

Takeaways

1.Early detection and building technology that enables it is crucial in transforming healthcare.
2.Drug shortages in healthcare are a significant issue.
3.Procurement processes in healthcare need urgent reform.
4.Successful founders excel at clearly articulating why they're building it, why they're the best people to do it, and why now.
5.Investors should practice visualization with founders about their future.

Chapters

00:00 Introduction to Healthcare Innovation
02:57 Personal Experiences Shaping Investment Decisions
06:00 Lessons from Iconic Health Tech Companies
09:02 Challenges in Healthcare Procurement
12:01 Building Effective Teams in Startups
14:58 Qualities of Successful Founders
17:47 The Role of Technology in Healthcare
20:46 Future of Health Tech and Deep Tech Intersections
23:04 Conclusion and Future Initiatives

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