Jessica Grossman, MD, is the CEO of Medicines360, a global mission-driven, non-profit women’s health pharmaceutical company.
Prior to joining Medicines360, she served as president and founding CEO of Sense4Baby, Inc., where she closed the series A investment and within 18 months of joining the organization, led the company to a successful acquisition. Dr. Grossman was also founder and president of Gynesonics, an early stage medical device company focused on minimally invasive solutions for women’s health where she raised the first two rounds of venture capital. She has 11 issued patents and numerous publications in peer reviewed journals.
Q: Why did you choose your present industry at this time?
I was trained as a medical doctor; however, it became clear to me during my residency that I thought about medicine differently. I was always looking for new ways of doing things, but everyone else seemed to be comfortable with the current rate of innovation. But I didn’t want to just wait for innovation—I wanted to create it. I took my education as an OB/GYN and my passion for technology and entered the med tech startup industry. I founded my first company, Gynesonics, based on an invention I had for a minimally invasive treatment for fibroid tumors. More recently, I came in as CEO of Medicines360 after serving on the Board of Directors for several years. Medicines360 is a hybrid organization that works to make our hormonal IUD (one of the most effective forms of contraceptive) available to patients that need it the most. It’s a mission-driven company that marries healthcare and technology and isn’t afraid to innovate to address unmet needs for women.
Q: What is the best/worst moment you can remember in your career?
One of the best moments of my career was during a clinical trial I was helping to perform outside the U.S. It was the moment that I realized I was truly putting all my skillsets together and working with physicians to make the world a better place for patients. There have been tough times too, but I always remember to be resilient. When I get knocked down, I pick myself up and start again.
It was the moment that I realized I was truly putting all my skillsets together and working with physicians to make the world a better place for patients.
~ Jessica Grossman
Q: Who is your role model or hero?
All of the female physicians, scientists and entrepreneurs who came before me. They have paved the way for more women to have more success in the work place.
Q: What is your favorite book?
My favorite book is “On Becoming a Leader” by Warren Bennis. I read it shortly after starting my first company and found it to be so full of instruction and inspiration – it really spoke to me about what it takes to be a leader and have others follow. The book also stresses the importance of integrity and adaptability in the workplace and is a must-read for any entrepreneur. One of the most memorable quotes is, “Leaders are able to engage others by creating shared meaning.”
Q: Do you use any specific method or system to run daily operations of your business?
Staying organized and forward-looking helps me have a high level of accomplishment daily. I wake up early and try to get a little work in before the rest of my house is up for the day. I usually check email and organize my day into the things that need to get done first. I also always try to plan a little bit of unstructured time just to think and reflect on the things I want to accomplish in the next 3 to 6 months. When I am in the office I schedule “working meetings” with my senior leadership teams where we can dive into issues and make decisions. I stay away from any meetings that are presentations just for presentations sake, there must be an actionable item to take away.
Q: Looking back - if you could advise a younger version of yourself to do something different - what would it be?
I’d encourage myself to remember I am capable of building my own career path – bumps and all. I don’t have to follow anyone else’s template. I’d also want to tell myself to remember to always trust my gut, always say yes to any learning opportunity and never settle for second-best.
I’d encourage myself to remember I am capable of building my own career path – bumps and all. I don’t have to follow anyone else’s template.
~ Jessica Grossman