MedTech 101

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An exciting look at why MedTech seems to be the slowest type of Tech. Medical devices take a very long time to get market approval (3-12 YEARS!). In today's episode, Rodney covers 3 REASONS that have an impact on MedTech advancement. Discussed in a simple way for all to understand.

Timestamps:

(01:58) Intro
(02:58) 3 Factors List
(03:24) Point 1: The Impact of M&A’s on Research and Development
(03:54) Perato Effect 
(05:15) M&A is a popular way of growing in the MedTech Industry 
(08:07) Potential impact on smaller companies 
(12:21) Point 2: Regulatory Affairs
(15:48) Aerospace Speed
(16:33) Point 3: Human Aspect
(19:38) Medical Ethics Post WW2

Interesting Points to Read on:

1. Perato Principle or Mathew Effect 
2. Impact of Brexit on the UK MedTech Industry
3. Cost of Taking a MedTech Device to Market
4. Dr Henry Cotton + Unit 731
5. Nuremberg Code, Declaration of Helsinki and Oviedo Convention 

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A concise discussion on the 5 fundamental steps in the development of medical devices. In today's episode, Rodney covers what it takes to get any medical device onto the market in a very simplified way, bypassing all the industry complexities and jargon.

Timestamps:

(01:30) Introduction
(03:09) Step #1: The Lab
(03:57) Step #2: Safety 
(05:02) Step #3: Effectiveness Testing 
(06:07) Step #4: The Gold Standard 
(08:06) Step #5: Long-term Analysis 
(09:09) Medical Device Classification 

Support the show

Follow or Connect with Rodney Moses:
Instagram | LinkedIn | YouTube |

Donations
Patreon | PayPal