Talking HealthTech

332 - Clinicians as Investors 101. Dr Bi Mian, Investor Meets Innovator Podcast Feature Episode

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In this episode of the Life Sciences WA Podcast, Dr Bi Mian discusses his work with the Australian Medical Angels, a medical syndicate that focuses on investing in HealthTech startups in Australia. Mian, who is a medical doctor and runs a multi-specialist medical centre in regional New South Wales, founded the group with his co-founder Dr Amandeep Hansra. The group, which has 600 members, is unique in that it consists of verified clinicians across the medical and dental fields.Mian explains that the syndicate allows doctors to invest in startups without having to put up large amounts of money individually. Through the syndicate, doctors can invest as little as $5,000 and still be part of a larger investment in a company. This allows doctors to have a say in the direction of the healthcare industry and invest in products and services that they will be using in their own practices.The Australian Medical Angels have invested in a number of startups, including a telehealth platform, a mental health app, and a com