Global Medical Device Podcast powered by Greenlight Guru

Part 1: The Theranos Loophole & Lab Developed Tests


Listen Later

What’s the difference between an LDT and an IVD and what does that have to do with the Theranos case? In this episode, we dig deep into this topic.

Mike Drues, a frequent returning guest to the Global Medical Device podcast is the president of Vascular Sciences. He has a Ph.D. in biomedical engineering and extensive experience with Regulatory Strategy, the FDA, and the history behind most of the regulations. In today’s episode, Mike Drues and I spoke about the topic of Lab Developed Tests (LDTs), the ongoing Theranos case, and the state of LDTs & IVDs.

Listen to the episode to learn more about Lab Developed Tests and what some examples of them are, what testing and regulations are required for LDTs, and how Theranos was able to market a test without the typical testing rigor. 

Some of the highlights of this episode include:
  • Why Lab Developed Tests fit in with medical devices
  • What the difference is in LDTs and IVDs
  • How LDTs are regulated
  • Examples of LDTs
  • Why labs develop their own tests
  • The risk when it comes to LDTs
  • Why non-invasive LDTs can be listed as class 3

Memorable quotes from Mike Drues:

“A lot of people like to talk about what FDA regulates. I like to talk about what FDA doesn’t regulate.”

“Remember, regulation is about the interpretation of words.”

“There is no difference in terms of the technology between an IVD and an LVT. The difference primarily is who uses it and where it’s developed.”

“If the hospital does one thing, they’re treated one way; if a company does exactly the same thing, they’re treated another way. Something’s not quite kosher about that logic.”

Links:

Mike Drues LinkedIn

Vascular Sciences webpage

VALID Act

Etienne Nichols LinkedIn

Greenlight Guru Academy

MedTech Excellence Community

Greenlight Guru


...more
View all episodesView all episodes
Download on the App Store

Global Medical Device Podcast powered by Greenlight GuruBy Greenlight Guru + Medical Device Entrepreneurs

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

91 ratings


More shows like Global Medical Device Podcast powered by Greenlight Guru

View all
Inside Europe by DW

Inside Europe

177 Listeners

Global News Podcast by BBC World Service

Global News Podcast

7,820 Listeners

Planet Money by NPR

Planet Money

30,894 Listeners

Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,127 Listeners

Medsider: Learn from Medtech and Healthtech Founders and CEOs by Scott Nelson

Medsider: Learn from Medtech and Healthtech Founders and CEOs

66 Listeners

Hidden Brain by Hidden Brain, Shankar Vedantam

Hidden Brain

43,262 Listeners

How to Be Awesome at Your Job by How to be Awesome at Your Job

How to Be Awesome at Your Job

1,042 Listeners

The Daily by The New York Times

The Daily

111,437 Listeners

Up First from NPR by NPR

Up First from NPR

56,158 Listeners

Medical Device made Easy Podcast by easymedicaldevice

Medical Device made Easy Podcast

20 Listeners

Medtech Matters by Medical Product Outsourcing

Medtech Matters

5 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

8,688 Listeners

Device Advice by RQM+ by RQM+

Device Advice by RQM+

34 Listeners

People I (Mostly) Admire by Freakonomics Radio + Stitcher

People I (Mostly) Admire

2,111 Listeners

Let's Talk Risk! with Dr. Naveen Agarwal by Casual and informal conversations about practical aspects of medical device risk management.

Let's Talk Risk! with Dr. Naveen Agarwal

3 Listeners