Liz Munro

Liz Munro is a medical device development expert with 15+ years of experience in innovative medical technology business. Currently, she acts as a fractional executive and product development + regulatory advisor to a small number of MedTech startups, as well as a Principal Consultant at Avania and MedTech Growth Coach at Communitech.  

She previously served as Vice President of the Regulatory and Advisory Services practice at Avania, a leading med-tech focused global CRO, where she assisted clients with product development, regulatory and clinical strategy for novel medical products in diverse clinical application areas.  

Prior to her work at Avania, she was the Chief Operating Officer of Ironstone Product Development, Canada’s only full-service medical device consulting group (acquired by Avania in 2023). Liz was the co-founder of an imaging-based breast margin assessment company, Perimeter Medical Imaging AI (TSXV:PINK), where she built the medical device development program from the ground up, achieved FDA clearance of four products and Breakthrough Device Designation, and designed and oversaw clinical studies involving more than 400 patients. Liz played a key role in raising nearly $40M in dilutive and non-dilutive capital and achieved a $200M+ market cap following a reverse takeover to list the company on the TSX Venture exchange in 2020, enabling liquidity for early investors. Liz understands the trade-offs and considerations that early-stage companies need to make in order to succeed.  

She holds a Bachelor of Science (Honours) in Physics from McGill University, a Masters of Applied Science in Biomedical Engineering from the University of Toronto, and an MBA Essentials from the University of Toronto – Rotman School of Management.