Industry Ignited Podcast

How Fractional Executive Teams Are Changing Life Sciences: Richard Rives Bird of Rives Consult | Ep. 51

Leeanne Aguilar, Ph.D. Season 1 Episode 51

In this Industry Ignited episode, Dr. Leeanne Aguilar interviews Richard Rives Bird, President of Rives Consult, on why breakthrough medical devices don’t succeed on innovation alone—they succeed when founders pair great science with the right commercialization strategy, regulatory pathway, and reimbursement reality. Richard shares how he moved from physics into clinical affairs after a CEO recognized his ability to work with clinicians, and why he pioneered a fractional executive model (before it was mainstream) to give early-stage startups—especially European innovators entering the U.S.—hands-on expertise without the cost of full-time leadership. The conversation delivers a clear, practical takeaway: start with customer discovery and economics (follow the money), define reimbursement and workflow impact early, launch with an MVP and a focused indication for use, and build traction through real sales process learning before handing it to distributors—a playbook Richard uses to “graduate” clients into scalable growth. From FDA pre-subs and faster U.S. timelines versus EU MDR delays to inspiring examples like triple-negative breast cancer monitoring and regenerative medicine scaffolds, this episode is a masterclass in turning life science innovation into market impact.