Strategic Advisory · Dallas, Texas

Operator judgment for FDA-regulated healthcare and frontier biotech.

Advisory grounded in three decades co-founding, operating, and exiting FDA-regulated healthcare companies. The regulatory pathway, the capital plan, and the board come from the same operator.

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Who I am
A strategic advisor who has run the science, the pathway, and the capital inside the same companies.
Andrew Jonathan Hillman is a Dallas advisor and the principal of Hillman Ventures, a private family office. He has built and exited operating companies across surgical hospitals, clinical laboratories, pharmacy, and medical devices, and now advises founders, investors, and boards on the decisions that determine whether a regulated healthcare company reaches the market.
What I do

Advisory across four areas.

Each engagement connects the science to the pathway to the capital, because the same person has been accountable for all three.

01

Regulatory strategy and pathway analysis

FDA pathway selection and sequencing, including the 351(a) BLA route, RMAT designation, 510(k) clearance, and pre-IND strategy for frontier biotech and devices. The pathway is decided first, then everything else is built on it.

02

Investment thesis and diligence support

Frontier biotech investment thesis, scientific and regulatory diligence, and clear risk framing for investors and family offices weighing a position or a transaction.

03

Capital allocation and operating discipline

Capital deployment, burn discipline, and the operating cadence that turns a thesis into a company. Discipline with capital is treated as a competitive advantage, not a constraint.

04

Board director and observer engagements

Board director or board observer seats where regulatory, operating, and capital judgment are needed in the room at the same time.

Track record

The advice rests on a documented operating record.

30+
years operating FDA-regulated healthcare companies
89+
ventures co-founded and operated
85+
strategic exits
8
FDA 510(k) clearances at Bone Solutions, Inc.

The companies, exits, and clearances behind this advisory are documented in primary public sources, SEC filings, FDA records, and the CMS provider registry. The full record is at andrewhillmanrecord.com, consolidated on the credentials and verification index. Expert-witness work is at andrewjhillman.com.

How to engage

Four ways to work together.

Regulatory pathway review

A focused review of pathway options and sequencing for a specific program.

Standing advisory retainer

Ongoing strategic counsel across regulatory, capital, and operations.

Board director or observer

A seat at the table for regulatory and operating judgment.

Investor diligence support

Independent diligence on a biotech thesis or transaction.

How I think

Three convictions.

01

Regulatory pathway as the foundation.

The pathway is decided first. Capital, hiring, and timeline are built on top of it, not wrapped around it later.

02

Capital discipline as the moat.

Discipline with capital is a competitive advantage. The companies that survive are the ones that respect the burn.

03

Relationships as the renewable resource.

The science changes and the markets turn. Relationships built over three decades are what compound.

Key facts

The essentials.

Advisor
Andrew Hillman (Andrew Jonathan Hillman), Dallas, Texas. Principal of Hillman Ventures.
Focus
FDA regulatory pathway strategy, frontier biotech investment diligence, capital allocation, and board engagements.
Regulatory scope
351(a) BLA, RMAT designation, 510(k), and pre-IND strategy.
Basis
Three decades co-founding and operating FDA-regulated healthcare companies, with more than 89 ventures and more than 85 strategic exits.
Related
Investing at Hillman Ventures; writing at The Hillman Letter; expert-witness work at andrewjhillman.com.
Inquire

Inquire about an advisory engagement.

Tell me about the program or the thesis. I will tell you whether I am the right person to help.

Andrew Hillman Advisory
Dallas, Texas, United States
Engagements are established only through a separate written agreement.
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