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Octane and Precision Life Science Partners Forge Strategic Partnership to Drive Innovation and Empower Investors in the Life Science Industry

Octane announces a new partnership with Precision Life Science Partners, a life science firm that provides practical advice and actionable guidance to innovators and investors based upon decades of results-driven operational experience

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Newport Beach, CA  July 20, 2023 – Octane, Orange County’s technology and life sciences accelerator organization announces a strategic partnership with Precision Life Science Partners, a firm that provides practical advice and actionable guidance to innovators and investors based upon decades of results-driven operational experience.

This partnership will bring deep life science expertise to Octane Capital & Growth with upstream and downstream experience in all MedTech segments. Precision is led by a diverse team of industry experts that have decades of combined involvement with companies of all sizes from startups to large strategics. With Precision, businesses will have access to advisors with real-world knowledge that can efficiently assess and develop practical solutions for each unique situation.

“Octane is thrilled to partner with Precision Life Science Partners to expand our offerings and support entrepreneurs in the life sciences,” said Bill Carpou, CEO of Octane. “Through this collaboration, we aim to optimize strategies, unlock revenue potential, and foster sustainable growth for our portfolio companies. Precision’s specialized approach and focused expertise will play a crucial role in helping companies achieve success from the outset.”

Precision offers a robust team of executives with true subject matter expertise, particularly in the areas of Orthopaedics, Spine, Neurotechnology, and Biologics. In addition, Precision recognizes that each technology and startup has unique needs which demand an equally flexible team and cost structure. Furthermore, the team can create a strategic development and market entrance plan, with a specific focus on success in the US.  Precision’s goal is to be a long-term partner for businesses rather than a temporary consultant.

Drew Trivisonno, Operating Partner and Co-Founder of Precision Life Science Partners, stated,” We are excited by the partnership between Precision and Octane to provide our team of experts to companies within the Launchpad ecosystem. Precision has a track-record of helping companies develop and execute strategies that have brought them financial success, profitable partnerships, and lucrative exits. We are confident that we can do the same for Octane’s portfolio companies as well.”

With Precision’s team part of our ecosystem, we’re able to enhance the breadth and depth of our offerings, particularly in Medtech, so that entrepreneurs in the life sciences can optimize their strategies and maximize their technology to generate revenue and facilitate growth. Precision brings a unique approach and focused expertise to help companies get it right the first time.

For more information about Precision Life Science Partners, please contact Drew Trivisonno at dtrivisonno@precisionlifescipartners.com

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About Octane

Octane convenes and enables the Southern California tech and MedTech business ecosystem by connecting people, resources, and capital. We impact our community through LaunchPad, a top-performing accelerator, Octane Capital & Growth, a platform to provide companies with capital and growth resources, Ignite Series, in-person and on-demand leading content, and Octane Foundation for Innovation, focused on furthering our mission while advancing diversity and inclusiveness.  Learn more at octaneoc.org.

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