I think that the next big step in Medical Technology will the the rise in software making medical decisions. This doesn't pose a big technological problem but it does pose a large regulatory problem.
I have experience getting cloud-based software through the FDA as a "medical device" and have overcome some of the most common hurdles.
I have an idea on how (and the ability to implement) a product to reduce the regulatory and monetary barrier to entry for this type of software.
My question is, in the current market, does this have any shot of getting funding? The product could never be used without the approval of the FDA, an expensive process. Is this a non-starter for most funds?
I think that the next big step in Medical Technology will the the rise in software making medical decisions. This doesn't pose a big technological problem but it does pose a large regulatory problem.
I have experience getting cloud-based software through the FDA as a "medical device" and have overcome some of the most common hurdles.
I have an idea on how (and the ability to implement) a product to reduce the regulatory and monetary barrier to entry for this type of software.
My question is, in the current market, does this have any shot of getting funding? The product could never be used without the approval of the FDA, an expensive process. Is this a non-starter for most funds?