How to Build a Successful Biomedical Device Company

Joe Kiani
Founder, Chairman, and CEO
Masimo Corporation

As the founder, Chairman, and CEO of Masimo Corporation, a global medical technology innovator credited with revolutionizing pulse oximetry and noninvasive patient monitoring, Mr. Kiani has been a beacon for patient safety and innovation in healthcare for more than 20 years. Convinced that the use of adaptive signal processing could solve the problems of motion artifact and signal noise that plagued pulse oximetry—widely recognized as the fifth vital sign—he founded Masimo in 1989 to improve the accuracy of noninvasive patient monitoring. Under his leadership, Masimo has grown from a “garage start up” into a successful publicly traded company (NASDAQ: MASI), employing more than 2,500 people worldwide and providing its market-leading measure-through motion and low perfusion pulse oximetry technology to leading OEM patient monitoring manufacturers spanning the globe, such as Atom, Drager, GE Medical, Medtronic, Mindray, Philips, Spacelabs, and Zoll.