Today’s guest on the “Phil with Forbes 30” podcast is Kunal Garg - CoFounder of TezTed
Forbes List: Europe
Year: 2020
Category: Science and Healthcare
Kunal Garg’s company is a life-line behind the scenes of the COVID-19 pandemic. Within three-weeks, his company developed Plex, an antibody test for the COVID-19 virus. It is the only test that can measure three different antibody responses.
The discussion started with Kunal explaining to Phil how the company was able to transfer skill sets quickly from its main product, TICKPLEX, the first-ever, multi-functional, multiplex test for the clinical diagnosis of tick-borne diseases.
It also enables healthcare providers to test patients for multiple microbes and disease stages simultaneously - a scientific first. The company, TezTed has partnerships in Canada, Germany, Spain, and others. It raised $1.55 million dollars in funding. The Finnish Science Foundation for Technology and Economics has awarded Kunal with the Young Research Entrepreneur of the Year, making him the first foreign national to ever receive the award.
The interview continues with the history of Kunal’s work, the details of his test lab, challenges, Lyme disease, and entrepreneurship. This inspiring interview includes:
Kunal and a friend created a portable water purifier to be used in Africa. A deputy Research Director mentored Kunal. The product went from prototype to product and patents within four-months.
Funding was received for proof of concept in Finland and additional funding came from friends and families.
Phil and Kunal discuss in detail the entrepreneurial journey and making the transition from academia to the real world; lessons learned from an interest to passion, to purpose.
Kunal goes into detail about the unique value of his product - commercializing a test kit that looks for multiple infectious diseases. The industry standard for test kits is to test for one or two viruses.
To learn more about the only COVID-19 antibody test that can measure 3 different antibodies against multiple proteins on the SARS-COVID-2 virus, visit: www.tezted.com/sarsplex
“Under 30 Seconds Round”
1. What is the book you’ve gifted more often than any other book, and why?
Wings of Fire, Abdul Kalam - former President of India. It’s the perfect example of a person being persistent and having the right scientific genius to kick off the most successful aerospace program in India.
2. What’s one of the best investments and one of the worst investments you’ve ever made and why?
3. What’s the most impactful thing you do in your Morning routine and most impactful thing you do in your Evening routine?
30-minutes of exercise. Without it, I am probably going to be miserable.
Before I go to sleep I use an app for meditation called Headspace. Book: “The Headspace Guide to Meditation and Mindfulness: How Mindfulness Can Change Your Life in Ten Minutes a Day”
4. Pretend you won the Peter Thiel Fellowship and you were going to get money to start a business instead of go to college, what’s the very first thing you’d do to start a new business?
I would still start a business in a Nordic/Scandinavian country. It’s a very open culture.
5. What’s something you never knew you needed?
Crocs.
In the REVIEW SECTION, please let me know…
The city / country you’re tuning in from!
How Kunal Garg’s story has inspired you! And, your favorite part of this episode!
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GUEST INFO: Kunal Garg – CoFounder of TezTed
CONTACT: On Twitter @kunalgargplex
WEBSITE: http://gargkunal.com/
HOST INFO: Phil Michaels
SOCIAL MEDIA: @iamphilmichaels
YOUTUBE: www.youtube.com/philmichaels
PODCAST WEBSITE: www.philwithforbes30.com
PHIL’s WEBSITE: www.iamphilmichaels.com
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