MDC Studio
A MedTech Startup Studio engineering medical innovation
MedTechhealth softwarewearablesrobotics in healthcare
StageSeed
Founded2016
Employees21
LocationBaltimore, MD
Business modelB2B/B2B2C with equity in client companies; provides staffing, space, and funding assistance
About
The MDC Studio is a MedTech Startup Studio that provides engineering, business development services, and funding to create and support companies commercializing medical devices. We work with inventors to develop their ideas into working prototypes and marketable products. We help them form companies that will grow and create value for society and their shareholders. We are located in Baltimore, near the University of Maryland Medical Center, where our partners and clients practice, teach, and research state of the art medicine.
Product
- Value proposition
- Supports medical technology inventors from idea to market by design, engineering, business development, funding support, and regulatory management; builds and capitalizes startups around go-to-market products with active inventor involvement
- Target customers
- Medical device inventors, researchers, clinicians looking to commercialize ideas; potential investors and industry partners
Founders
- Gil Blankenship — Partner, Founder and Chairman
- Leonard O. Mills — Partner, Investment Manager
- Nardine Ghobrial — co-Founder and CEO Digital BioSciences
- Jeffrey Gair — Lead Engineer, Founder and CEO Modular Matter
Categories
MedTechStartup StudioMedical devicesHealthcare softwareWearablesRobotics
Key features
Studio model for inventors to develop ideas into companiesDesign and engineering to prototypesRegulatory managementFunding support and investor introductionsActive participation and equity in created companiesAccess to space and personnel for portfolio companies
Technologies
Medical devicesHealthcare softwareWearablesRoboticsEngineering prototyping
Partnerships
University of Maryland (faculty involvement)Johns Hopkins University (engineers/medicine)Lung Transplant Center at Northwell HealthCooper University Trauma CenterHenry Jackson Foundation for the Advancement of Military Medicine
Traction metrics
Has helped client companies raise over $15,000,000 in contracts, grants and investmentsMDC companies have won about $13M in contract and grant funding including 5 Phase I SBIR grants
Investors
Verte Opportunity Zone Fund (Verte OZ)
News
- Introducing the HJF-MDC Venture Fund: Fostering Medical ... · 2025-05-28T00:00:00.000Z
- Introducing the HJF-MDC Venture Fund: Fostering Medical Innovations for Military and Civilian Applications · 2025-05-28T16:31:00.000Z
- HJF-MDC Venture Fund Seeks to Drive Medical Innovation · 2025-05-29T12:45:24.000Z
- Introducing the HJF-MDC Venture Fund: Fostering Medical Innovations for Military and Civilian Applications - BioHealth Innovation · 2025-05-29T18:26:01.000Z
- HJF-MDC Venture Fund to Raise $20M · 2025-05-30T09:51:32.000Z
- ‘Best Kept Secret’ MDC Provides Path for Medical Device Innovations | BioBuzz · 2024-12-02T21:43:53.000Z
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Profile updated Jul 29, 2026. Sources: mddevelopmentcenter.com, linkedin.com
