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Owen McCarthy
Entrepreneur | Board Member | Executive | Mainer | Presidential Leadership Scholar
Professional Background
Owen McCarthy is an innovative leader and entrepreneur from the small town of Patten, Maine, a community of approximately 1,000 residents. His journey is a remarkable testament to the power of determination and visionary thinking. As a first-generation college graduate, Owen's path has been marked by a commitment to making a substantial impact across various fields including healthcare, education, and policy. His entrepreneurial spirit led him to co-found MedRhythms, a pioneering company in the digital therapeutics space, where he has harnessed his education in biological engineering and business acumen to drive transformative changes in medical treatments.
Owen's leadership extends beyond business; he is actively involved in advocating for policies that improve opportunities for individuals in rural areas through his positions on various boards. Notably, he has served on the board for the University of Maine System and the Rural Future’s Fund, dedicating his time and effort to enhance educational access for underserved communities. His collaborative approach and passion for helping others is palpable in every endeavor he undertakes.
Education and Achievements
Owen's educational journey began at the University of Maine, where he earned a Bachelor of Science in Biological Engineering. His foundational knowledge in biological engineering not only equipped him with the technical skills required to succeed in healthcare but also served as a springboard for further studies at one of the world's most prestigious institutions, Harvard Business School, where he obtained his Master of Business Administration (MBA).
Owen’s academic achievements laid a strong groundwork for his entrepreneurial ventures, most notably MedRhythms, which has achieved significant milestones under his leadership. These accomplishments include successful clinical trials, the signing of deals exceeding $100 million, FDA product approvals, and more than $55 million raised in venture capital funding. This success has positioned MedRhythms at the forefront of digital therapeutic innovations and showcased Owen’s ability to navigate the complexities of healthcare business dynamics successfully.
Achievements
Owen's achievements have been recognized both locally and nationally, underscoring his influence within the fields of healthcare and entrepreneurship. As a member of the Digital Therapeutics Alliance, a consortium of over 100 members, he plays a vital role in advocating for the advancements in software-based disease treatment. He has served as Chair of the Board of Directors for the Alliance, demonstrating his capability in leadership and governance within a rapidly evolving industry.
His experience isn't confined to just one organization or industry; Owen has taken on several key roles that highlight his versatility and leadership qualities. He has been involved in the founding team of Voxel8, a company acquired by Kornit Digital, and began his career at Ashland Inc., where he worked in various capacities, honing his skills in business development and sales.
Beyond corporate achievements, his leadership in student governance while attending the University of Maine exemplifies his commitment to serving the community. He was the Student Body President and later the CEO of the University of Maine Student Government, where he represented student interests and championed initiatives for enriching student life.
Owen’s trajectory is not just about personal success; he is dedicated to lifting others. His involvement with the UMaine Business Challenge and his previous role as a member of the Board of Trustees at the University of Maine System demonstrate a commitment to mentorship and the cultivation of young talent, particularly in entrepreneurial domains.
Recognizing the importance of collaboration and connection, Owen prides himself on his openness to engage with others who share similar interests and pursuits. He values the power of networking and seeks to empower those around him to pursue their dreams and achieve their goals. Owen McCarthy embodies the spirit of innovation, leadership, and community service, making him a beacon of inspiration for aspiring entrepreneurs and advocates alike.