Keynote| Real World Issues in moving from ideas to products in medtech
Keynote| Real World Issues in moving from ideas to products in medtech
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o There is a conflict between innovator’s need for speed and regulator’s need for certainty, which kills many projects. o There is a well-defined pathway through this process that satisfies investors, developers, regulators and finally, end-users. o They key is to start the project the right way, not to be retrospectively filling in missing details. o ACMD is setting up an environment to create efficiencies in product and process development, and investment. o Trusted, reliable products have most value to end-users in health delivery. o Because people’s lives depend on the products, they are regulated and must meet legal requirements.
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