New consulting firm launches: 360 Life Sciences Advisors
Thomas J. Dugan and Sean McNerney – two medical device industry veterans – have launched a new consulting firm focusing on the life sciences sector.
Based in Ponte Vedra Beach, Florida, newly launched consultancy 360 Life Advisors focuses on providing management consulting services to clients in life sciences – namely private equity, venture capital, and medical device firms. The company’s expert services stretch across strategic and operational planning, business development, international expansion, sales & marketing, and talent assessment. Together, company founders Thomas J. Dugan and Sean McNerney boast deep industry expertise gained from over 60 combined years spent in medical device markets across the globe.
“Over the years, we have seen virtually every issue and can provide the analysis and solutions to address them and create new opportunities,” commented Dugan and McNerney. The consultancy has the tools to help life sciences-focused clients tackle business problems ranging from underperformance and customer retention to lack of product pipelines and poor operating plans.Before founding 360, Thomas J. Dugan was the CEO of Amniox Medical for three years, and a member of its board of directors for four. While leading the wound care tech firm, he transformed Amniox’s implementing processes and systems, driving significant growth and access to new markets. Before that, he was a president and board member of SurgiQuest for two years, and the Americas President at Smith & Nephew Wound Management for five years. While at Smith & Nephews, Dugan led the turnaround of the Americas business, forming it into a leading player in the negative pressure wound therapy market.
Before that, he was SVP, Sales & Marketing at SonoSite, and President of InterVascular. Dugan has also held leadership positions at Datascope Corp., United States Surgical, and C.R. Bard. Currently, he work with the Mayo Clinic’s Life Sciences Incubator as a mentor to newly formed startups.
Sean McNerney, meanwhile, was previously US Country Leader for cardiac device specialist Sorin Group (now LivaNova) for five years. While leading the US Perfusion and Heart Valve business, he completed a successful restructuring of the sales & marketing organizations, successfully launched new products, and significantly grew revenues.
Before Sorin Group, McNerney was US VP, Sales & Marketing, at Covidien (now Medtronic) for two years. In the role, he successfully turned around a business unit, propelling it to near double-digit growth after 5 years of flat sales. Before that, he was VP of Sales at startup OmniSonics Medical Technologies, and VP of Sales at Datascope’s Vascular and Interventional Products Division. McNerney started his career at US Surgical, where he worked his way up from Sales Rep to Marketing Director over a tenure of nine years.
He is currently an advisor to Cleveland Clinic Innovations & Ventures, as well as a mentor for the Yale Office of Cooperative Research and Innovation Fund, which provides guidance to startups.
In other new firm news, Yannick Schilly and Anne Cappel recently launched a management consulting firm – Atlix Consulting – in Mason, Ohio, focusing on small-to-medium-sized manufacturing firms.