Medtech entrepreneur, Ghassan Kassab, who sold his first invention for over $30 million, is creating an innovation system that has so far produced four licences for medtech majors, six spin-offs and multiple IP options for future deals. Juergen Graner reports

Juergen Graner

Most university professors with an endowed chair who invent a new technology and sell it for more than $30 million in their late forties would likely consider early retirement. Not so, Dr Ghassan Kassab. He left academia, using the money to build an innovation system that continues to bring new inventions to market to improve the health of patients globally.