SlideShare uma empresa Scribd logo
1 de 18
Baixar para ler offline
Quick Investors Reference Guide
to Regulated Medical Device &
Digital Health Space
1
Braingels 2016
This presentation is the sole property of Physio-logic Ltd and is protected by Copyright ©. Any
use of this presentation without the prior written approval of Physio-Logic Ltd is prohibited.
This presentation does not constitute regulatory advice and should not be regarded as
replacing professional consultation. We recommend that you receive specific professional
advice in relation to any regulatory matter.
 What does regulation stands for?
 How does it impact me?
 Tips & pearls
 Digital vs. non digital MD regulation in a nutshell
2
 Barrier to Market
It Comes with the Territory…
 Typically attributed to product approval by regulatory agencies
(FDA, CE, AMAR etc.)
 Extends to the entire lifecycle of medical device from inception
to end of life
 A collective name for three disciplines:
 Regulatory Affairs (RA)
 Quality Affairs (QA & QC)
 Clinical Affairs (CA)
What Does Regulation
Stands for? 3
 Is my product regulated as Medical device?
 What is its classification?
 Which regulatory requirements apply to my product?
 What is my time to market?
 How much will it cost me?
 Start up wisdom, innovation, leverage good regulatory science
and medicine
QRC Strategy & Work-plan
What Does Regulation
Stands for? 4
It Impacts Your ROI
The Impact –Early Stage
How Does it Impact Me? 6
 Betting on the “wrong horse”
 Time to market
 Do it right the first time:
 Q: Are we developing the right product?
 A: Due-dilligence; QA & CA feed the answer
 Q: Are we developing the right product right?
 A: Design control practice, Quality by design
 Wrong doing, under doing, over doing
 burn rate, dilution…diminsh ROI
Increase Your ROI
How Does it Impact Me? 7
 Valid Regulatory strategy
 Clinical strategy
 Quality plan
 Gates
 Control
Bottom Up QRC Work-plan & Budget
How Does it Impact Me?
8
 Harmonized with R&D WP
 Manage your risk
 Time to market
 Burn rate
 ROI
Compliance (Late Stage)
How Does it Impact Me?
9
Tips & Pearls
How Does it Impact Me?
10
 Due diligence: screen strategy – is QRC project risk
aligned with your investment strategy, are project
plan and budget valid?
 Control your investment – do it right the first time
 Understand that ensuring your project is handled by
competent QRC expert is in your best interest as
investor
 Three risk classes
 Risk vs. benefit
 Intended use
 General controls, special controls and PMA
Medical Device Regulation
11
Digital Health Regulation
 Four classes driven by risk and classification rules
 Loosely tied to intended use
 Conformity assessment
Paradigm more established but struggling with
innovation
Digital Health Regulation is Challenging
• Regulation is (always) behind technology
• Booming health apps. Nd Health IT products
• Multiple stake holders (HIPPA, FD&C Act, FTC Act,
CMS)
• Multiple types (mHealth, CDS, Health IT, Personalized
Medicine, Telemedicine, wearable device (IOT))
• The demarcation between FDA regulated product vs.
nonregulated is complex and tricky at times.
• The ramifications of this demarcation are extensive!
12
 Risk (privacy, hacking, injury, miss-diagnosis, delay
of treatment, misuse, error)
 Functionality focused (administrative, medical
device etc.)
 Narrowly tailored
Risk Based Approach for Regulating Digital Health
13
Regulation Goes Beyond FDA
 FCC, RTTE
 FTC
 HIPPA (Privacy, Security)
 EC Privacy directive (95/46/EC)
 ISO/IEC Health IT Standards
 Liability for defective products (1985/374/EC &1999/34/EC)
 General product safety (2001/95/EC)
 Sale of consumer goods (1999/44/EC)
and much more…..
Our Mission Statement
Successfully Navigating the Regulatory
Maze
Founded & Managed by Gadi Ginot
• Over 20 years industry experience in managing
Medical Device & Combination product regulation,
quality and clinical development
 Pharma (Teva)
 Medical Device
 International experience (scores of relocation to
the EU, US)
• Internationally renown
• Unprecedented accomplishment in navigating precut
certification thru FDA and Notified Body
Full Service Solution for Medical Device
Manufacturer
• Largest vendor in Israel (over 30 experts on board)
• We cover all bases of Medical Device
• Designated Digital Health Team
 Usability
 FDA 513(g), 510(k), PMA
 CE Mark
 ISO13485, ISO9001, CMDCAS
 CLIA
 International registration
including AMAR, Russia, CFDA
 Compliance
 HW & SwQA
 Design Control
 Risk Management
 Performance
evaluation
 Clinical evaluation
 Clinical Trials
 HIPPA
 Cybersecurity
Gadi Ginot: gadi@physio-logic.co.il
050-8317449
www.physio-logic.co.il
18

Mais conteúdo relacionado

Mais procurados

Coding For RCM Managers
Coding For RCM ManagersCoding For RCM Managers
Coding For RCM Managersblabar
 
BCN Biosciences I-corps@nih 121014
BCN Biosciences I-corps@nih 121014 BCN Biosciences I-corps@nih 121014
BCN Biosciences I-corps@nih 121014 Stanford University
 
Using PRIMO Mobile to Collect Adverse Events in the Field
Using PRIMO Mobile to Collect Adverse Events in the FieldUsing PRIMO Mobile to Collect Adverse Events in the Field
Using PRIMO Mobile to Collect Adverse Events in the FieldNovember Research Group
 
When a premarket approval (pma) is req
When a premarket approval (pma) is reqWhen a premarket approval (pma) is req
When a premarket approval (pma) is reqOnlineCompliance Panel
 
FDA's Case for Quality: What, Why, and How? Changing the Regulatory Paradigm
FDA's Case for Quality: What, Why, and How? Changing the Regulatory ParadigmFDA's Case for Quality: What, Why, and How? Changing the Regulatory Paradigm
FDA's Case for Quality: What, Why, and How? Changing the Regulatory ParadigmGreenlight Guru
 
How to Prepare for the New EU In Vitro Diagnostics Regulations
How to Prepare for the New EU In Vitro Diagnostics RegulationsHow to Prepare for the New EU In Vitro Diagnostics Regulations
How to Prepare for the New EU In Vitro Diagnostics RegulationsGreenlight Guru
 
Rx 360 FDANews Supplier Quality Mgt Congress Pres Rev B 97
Rx 360 FDANews Supplier Quality Mgt Congress Pres Rev B 97Rx 360 FDANews Supplier Quality Mgt Congress Pres Rev B 97
Rx 360 FDANews Supplier Quality Mgt Congress Pres Rev B 97Gerard Pearce
 
Guide Preview: The importance of using an accredited enterprise image-viewing...
Guide Preview: The importance of using an accredited enterprise image-viewing...Guide Preview: The importance of using an accredited enterprise image-viewing...
Guide Preview: The importance of using an accredited enterprise image-viewing...Calgary Scientific Inc.
 
5 Predictions for the Medical Device Industry in 2018 (and how you can prepare)
5 Predictions for the Medical Device Industry in 2018 (and how you can prepare)5 Predictions for the Medical Device Industry in 2018 (and how you can prepare)
5 Predictions for the Medical Device Industry in 2018 (and how you can prepare)Greenlight Guru
 
Software as a Medical Device (SaMD) Challenges and Opportunities for 2021 and...
Software as a Medical Device (SaMD) Challenges and Opportunities for 2021 and...Software as a Medical Device (SaMD) Challenges and Opportunities for 2021 and...
Software as a Medical Device (SaMD) Challenges and Opportunities for 2021 and...Greenlight Guru
 
Designing safety critical medical devices
Designing safety critical medical devicesDesigning safety critical medical devices
Designing safety critical medical devicesTeam Consulting Ltd
 
Haro Pharmaceutical I-Corps@NIH 121014
Haro Pharmaceutical I-Corps@NIH 121014Haro Pharmaceutical I-Corps@NIH 121014
Haro Pharmaceutical I-Corps@NIH 121014Stanford University
 
Result care lean launchpad week 1 slides v2
Result care lean launchpad week 1 slides v2Result care lean launchpad week 1 slides v2
Result care lean launchpad week 1 slides v2Stanford University
 

Mais procurados (16)

Coding For RCM Managers
Coding For RCM ManagersCoding For RCM Managers
Coding For RCM Managers
 
BCN Biosciences I-corps@nih 121014
BCN Biosciences I-corps@nih 121014 BCN Biosciences I-corps@nih 121014
BCN Biosciences I-corps@nih 121014
 
Using PRIMO Mobile to Collect Adverse Events in the Field
Using PRIMO Mobile to Collect Adverse Events in the FieldUsing PRIMO Mobile to Collect Adverse Events in the Field
Using PRIMO Mobile to Collect Adverse Events in the Field
 
When a premarket approval (pma) is req
When a premarket approval (pma) is reqWhen a premarket approval (pma) is req
When a premarket approval (pma) is req
 
FDA's Case for Quality: What, Why, and How? Changing the Regulatory Paradigm
FDA's Case for Quality: What, Why, and How? Changing the Regulatory ParadigmFDA's Case for Quality: What, Why, and How? Changing the Regulatory Paradigm
FDA's Case for Quality: What, Why, and How? Changing the Regulatory Paradigm
 
Is Your Safety Inbox a Black Hole?
Is Your Safety Inbox a Black Hole?Is Your Safety Inbox a Black Hole?
Is Your Safety Inbox a Black Hole?
 
How to Prepare for the New EU In Vitro Diagnostics Regulations
How to Prepare for the New EU In Vitro Diagnostics RegulationsHow to Prepare for the New EU In Vitro Diagnostics Regulations
How to Prepare for the New EU In Vitro Diagnostics Regulations
 
Rx 360 FDANews Supplier Quality Mgt Congress Pres Rev B 97
Rx 360 FDANews Supplier Quality Mgt Congress Pres Rev B 97Rx 360 FDANews Supplier Quality Mgt Congress Pres Rev B 97
Rx 360 FDANews Supplier Quality Mgt Congress Pres Rev B 97
 
Guide Preview: The importance of using an accredited enterprise image-viewing...
Guide Preview: The importance of using an accredited enterprise image-viewing...Guide Preview: The importance of using an accredited enterprise image-viewing...
Guide Preview: The importance of using an accredited enterprise image-viewing...
 
5 Predictions for the Medical Device Industry in 2018 (and how you can prepare)
5 Predictions for the Medical Device Industry in 2018 (and how you can prepare)5 Predictions for the Medical Device Industry in 2018 (and how you can prepare)
5 Predictions for the Medical Device Industry in 2018 (and how you can prepare)
 
Software as a Medical Device (SaMD) Challenges and Opportunities for 2021 and...
Software as a Medical Device (SaMD) Challenges and Opportunities for 2021 and...Software as a Medical Device (SaMD) Challenges and Opportunities for 2021 and...
Software as a Medical Device (SaMD) Challenges and Opportunities for 2021 and...
 
Popsi Cube 2011
Popsi Cube 2011Popsi Cube 2011
Popsi Cube 2011
 
Designing safety critical medical devices
Designing safety critical medical devicesDesigning safety critical medical devices
Designing safety critical medical devices
 
Haro Pharmaceutical I-Corps@NIH 121014
Haro Pharmaceutical I-Corps@NIH 121014Haro Pharmaceutical I-Corps@NIH 121014
Haro Pharmaceutical I-Corps@NIH 121014
 
Result care lean launchpad week 1 slides v2
Result care lean launchpad week 1 slides v2Result care lean launchpad week 1 slides v2
Result care lean launchpad week 1 slides v2
 
MedAid 2017
MedAid 2017MedAid 2017
MedAid 2017
 

Destaque

Device Sponsor Information Day: Session 2: Clinical evidence - pre-market and...
Device Sponsor Information Day: Session 2: Clinical evidence - pre-market and...Device Sponsor Information Day: Session 2: Clinical evidence - pre-market and...
Device Sponsor Information Day: Session 2: Clinical evidence - pre-market and...TGA Australia
 
mHealth App: Balancing Agility, Risks, and Regulatory Compliance
mHealth App: Balancing Agility, Risks, and Regulatory CompliancemHealth App: Balancing Agility, Risks, and Regulatory Compliance
mHealth App: Balancing Agility, Risks, and Regulatory Compliancehuynh_victor
 
Medical Device Regulations
Medical Device RegulationsMedical Device Regulations
Medical Device RegulationsLaura Faulconer
 
Presentation: Manufacturing medical devices
Presentation: Manufacturing medical devicesPresentation: Manufacturing medical devices
Presentation: Manufacturing medical devicesTGA Australia
 
Exploring Relationship Between Risk & Compliance
Exploring Relationship Between Risk & ComplianceExploring Relationship Between Risk & Compliance
Exploring Relationship Between Risk & ComplianceComplianceTrack
 
Certified Risk and Compliance Management Professional (CRCMP) Prep Course Pa...
Certified Risk and Compliance Management Professional (CRCMP) Prep Course Pa...Certified Risk and Compliance Management Professional (CRCMP) Prep Course Pa...
Certified Risk and Compliance Management Professional (CRCMP) Prep Course Pa...Compliance LLC
 
Medical Device Regulations Global Overview And Guiding Principles
Medical Device Regulations   Global Overview And Guiding PrinciplesMedical Device Regulations   Global Overview And Guiding Principles
Medical Device Regulations Global Overview And Guiding PrinciplesJacobe2008
 
Regulation of Medical Devices in US
Regulation of Medical Devices in USRegulation of Medical Devices in US
Regulation of Medical Devices in USAnkit Geete
 
Understanding FDA Requirements Medical Devices
Understanding FDA Requirements Medical DevicesUnderstanding FDA Requirements Medical Devices
Understanding FDA Requirements Medical Devicesmarchell
 
Security, Risk, Compliance & Controls - Cybersecurity Legal Framework in Hong...
Security, Risk, Compliance & Controls - Cybersecurity Legal Framework in Hong...Security, Risk, Compliance & Controls - Cybersecurity Legal Framework in Hong...
Security, Risk, Compliance & Controls - Cybersecurity Legal Framework in Hong...Amazon Web Services
 
Overview of FDA Regulation of Medical Devices
Overview of FDA Regulation of Medical DevicesOverview of FDA Regulation of Medical Devices
Overview of FDA Regulation of Medical DevicesMichael Swit
 
Keeping House Compliance Risk Assessment Medical Device Summit.PPTX
Keeping House Compliance Risk Assessment Medical Device Summit.PPTXKeeping House Compliance Risk Assessment Medical Device Summit.PPTX
Keeping House Compliance Risk Assessment Medical Device Summit.PPTXGina M. Cavalier
 

Destaque (14)

Device Sponsor Information Day: Session 2: Clinical evidence - pre-market and...
Device Sponsor Information Day: Session 2: Clinical evidence - pre-market and...Device Sponsor Information Day: Session 2: Clinical evidence - pre-market and...
Device Sponsor Information Day: Session 2: Clinical evidence - pre-market and...
 
Agua y luz
Agua y luzAgua y luz
Agua y luz
 
mHealth App: Balancing Agility, Risks, and Regulatory Compliance
mHealth App: Balancing Agility, Risks, and Regulatory CompliancemHealth App: Balancing Agility, Risks, and Regulatory Compliance
mHealth App: Balancing Agility, Risks, and Regulatory Compliance
 
Fundarsköp
FundarsköpFundarsköp
Fundarsköp
 
Medical Device Regulations
Medical Device RegulationsMedical Device Regulations
Medical Device Regulations
 
Presentation: Manufacturing medical devices
Presentation: Manufacturing medical devicesPresentation: Manufacturing medical devices
Presentation: Manufacturing medical devices
 
Exploring Relationship Between Risk & Compliance
Exploring Relationship Between Risk & ComplianceExploring Relationship Between Risk & Compliance
Exploring Relationship Between Risk & Compliance
 
Certified Risk and Compliance Management Professional (CRCMP) Prep Course Pa...
Certified Risk and Compliance Management Professional (CRCMP) Prep Course Pa...Certified Risk and Compliance Management Professional (CRCMP) Prep Course Pa...
Certified Risk and Compliance Management Professional (CRCMP) Prep Course Pa...
 
Medical Device Regulations Global Overview And Guiding Principles
Medical Device Regulations   Global Overview And Guiding PrinciplesMedical Device Regulations   Global Overview And Guiding Principles
Medical Device Regulations Global Overview And Guiding Principles
 
Regulation of Medical Devices in US
Regulation of Medical Devices in USRegulation of Medical Devices in US
Regulation of Medical Devices in US
 
Understanding FDA Requirements Medical Devices
Understanding FDA Requirements Medical DevicesUnderstanding FDA Requirements Medical Devices
Understanding FDA Requirements Medical Devices
 
Security, Risk, Compliance & Controls - Cybersecurity Legal Framework in Hong...
Security, Risk, Compliance & Controls - Cybersecurity Legal Framework in Hong...Security, Risk, Compliance & Controls - Cybersecurity Legal Framework in Hong...
Security, Risk, Compliance & Controls - Cybersecurity Legal Framework in Hong...
 
Overview of FDA Regulation of Medical Devices
Overview of FDA Regulation of Medical DevicesOverview of FDA Regulation of Medical Devices
Overview of FDA Regulation of Medical Devices
 
Keeping House Compliance Risk Assessment Medical Device Summit.PPTX
Keeping House Compliance Risk Assessment Medical Device Summit.PPTXKeeping House Compliance Risk Assessment Medical Device Summit.PPTX
Keeping House Compliance Risk Assessment Medical Device Summit.PPTX
 

Semelhante a Physio-Logic-InvestorsRegulatoryPerspective

Medical Device Development Lifecycle
Medical Device Development LifecycleMedical Device Development Lifecycle
Medical Device Development LifecycleTim Blair
 
Medical device development lifecycle
Medical device development lifecycleMedical device development lifecycle
Medical device development lifecycleTim Blair
 
Aditxt, Inc. (NASDAQ: ADTX) Presentation
Aditxt, Inc. (NASDAQ: ADTX) PresentationAditxt, Inc. (NASDAQ: ADTX) Presentation
Aditxt, Inc. (NASDAQ: ADTX) PresentationRedChip Companies, Inc.
 
Digital Therapeutics Regulatory Process, Update and Trends
Digital Therapeutics Regulatory Process, Update and TrendsDigital Therapeutics Regulatory Process, Update and Trends
Digital Therapeutics Regulatory Process, Update and TrendsInsights10
 
Webinar on fda regulation of mobile apps
Webinar on fda regulation of mobile appsWebinar on fda regulation of mobile apps
Webinar on fda regulation of mobile appsCompliance Trainings
 
A Regulatory Strategy for your Medical Device
A Regulatory Strategy for your Medical DeviceA Regulatory Strategy for your Medical Device
A Regulatory Strategy for your Medical DeviceEMMAIntl
 
The future of the generc pharma industry & how it impacts business today
The future of the generc pharma industry & how it impacts business todayThe future of the generc pharma industry & how it impacts business today
The future of the generc pharma industry & how it impacts business today✪ Asa Cox (ThePharmaPartner)
 
Drug Regulatory Affairs
Drug Regulatory AffairsDrug Regulatory Affairs
Drug Regulatory AffairsNamdeo Shinde
 
Medical Device UDIs and Traceability Forum 2015
Medical Device UDIs and Traceability Forum 2015Medical Device UDIs and Traceability Forum 2015
Medical Device UDIs and Traceability Forum 2015Caralina Wonnacott
 
Understanding Digital Therapeutics: Journey into Imagination
Understanding Digital Therapeutics: Journey into ImaginationUnderstanding Digital Therapeutics: Journey into Imagination
Understanding Digital Therapeutics: Journey into ImaginationEmily Kunka, MS, CCRP
 
Strategies for Conducting New Product Scientific Assessment - Yavuz SILAY - D...
Strategies for Conducting New Product Scientific Assessment - Yavuz SILAY - D...Strategies for Conducting New Product Scientific Assessment - Yavuz SILAY - D...
Strategies for Conducting New Product Scientific Assessment - Yavuz SILAY - D...Yavuz Silay
 
FDA의 최근 규제 혁신에서 무엇을 배워야 하는가
FDA의 최근 규제 혁신에서 무엇을 배워야 하는가FDA의 최근 규제 혁신에서 무엇을 배워야 하는가
FDA의 최근 규제 혁신에서 무엇을 배워야 하는가Yoon Sup Choi
 
Maetrics: The ROI of Good Quality & Compliance
Maetrics: The ROI of Good Quality & ComplianceMaetrics: The ROI of Good Quality & Compliance
Maetrics: The ROI of Good Quality & ComplianceGeneris
 
mHealth Israel_Physio Logic_US and EU Digital Health Regulatory Landscape
mHealth Israel_Physio Logic_US and EU Digital Health Regulatory LandscapemHealth Israel_Physio Logic_US and EU Digital Health Regulatory Landscape
mHealth Israel_Physio Logic_US and EU Digital Health Regulatory LandscapeLevi Shapiro
 
How is digital innovation affecting the pharmaceutical industry- Presentation
How is digital innovation affecting the pharmaceutical industry- PresentationHow is digital innovation affecting the pharmaceutical industry- Presentation
How is digital innovation affecting the pharmaceutical industry- PresentationGraphi Tales
 
EU Medical Device Regulation: Preparing for Disruptive (yet Incomplete) Regu...
EU Medical Device Regulation:  Preparing for Disruptive (yet Incomplete) Regu...EU Medical Device Regulation:  Preparing for Disruptive (yet Incomplete) Regu...
EU Medical Device Regulation: Preparing for Disruptive (yet Incomplete) Regu...YourEncoreInc
 

Semelhante a Physio-Logic-InvestorsRegulatoryPerspective (20)

Medical Device Development Lifecycle
Medical Device Development LifecycleMedical Device Development Lifecycle
Medical Device Development Lifecycle
 
Medical device development lifecycle
Medical device development lifecycleMedical device development lifecycle
Medical device development lifecycle
 
Aditxt, Inc. (NASDAQ: ADTX) Presentation
Aditxt, Inc. (NASDAQ: ADTX) PresentationAditxt, Inc. (NASDAQ: ADTX) Presentation
Aditxt, Inc. (NASDAQ: ADTX) Presentation
 
Digital Therapeutics Regulatory Process, Update and Trends
Digital Therapeutics Regulatory Process, Update and TrendsDigital Therapeutics Regulatory Process, Update and Trends
Digital Therapeutics Regulatory Process, Update and Trends
 
Webinar on fda regulation of mobile apps
Webinar on fda regulation of mobile appsWebinar on fda regulation of mobile apps
Webinar on fda regulation of mobile apps
 
A Regulatory Strategy for your Medical Device
A Regulatory Strategy for your Medical DeviceA Regulatory Strategy for your Medical Device
A Regulatory Strategy for your Medical Device
 
The future of the generc pharma industry & how it impacts business today
The future of the generc pharma industry & how it impacts business todayThe future of the generc pharma industry & how it impacts business today
The future of the generc pharma industry & how it impacts business today
 
Drug Regulatory Affairs
Drug Regulatory AffairsDrug Regulatory Affairs
Drug Regulatory Affairs
 
DTx Development
DTx DevelopmentDTx Development
DTx Development
 
Freyr UDI Services
Freyr UDI ServicesFreyr UDI Services
Freyr UDI Services
 
Medical Device UDIs and Traceability Forum 2015
Medical Device UDIs and Traceability Forum 2015Medical Device UDIs and Traceability Forum 2015
Medical Device UDIs and Traceability Forum 2015
 
Understanding Digital Therapeutics: Journey into Imagination
Understanding Digital Therapeutics: Journey into ImaginationUnderstanding Digital Therapeutics: Journey into Imagination
Understanding Digital Therapeutics: Journey into Imagination
 
Strategies for Conducting New Product Scientific Assessment - Yavuz SILAY - D...
Strategies for Conducting New Product Scientific Assessment - Yavuz SILAY - D...Strategies for Conducting New Product Scientific Assessment - Yavuz SILAY - D...
Strategies for Conducting New Product Scientific Assessment - Yavuz SILAY - D...
 
FDA의 최근 규제 혁신에서 무엇을 배워야 하는가
FDA의 최근 규제 혁신에서 무엇을 배워야 하는가FDA의 최근 규제 혁신에서 무엇을 배워야 하는가
FDA의 최근 규제 혁신에서 무엇을 배워야 하는가
 
Regulatory Affairs as a Career Path
Regulatory Affairs as a Career PathRegulatory Affairs as a Career Path
Regulatory Affairs as a Career Path
 
Vteq nov 2013-reduced
Vteq nov 2013-reducedVteq nov 2013-reduced
Vteq nov 2013-reduced
 
Maetrics: The ROI of Good Quality & Compliance
Maetrics: The ROI of Good Quality & ComplianceMaetrics: The ROI of Good Quality & Compliance
Maetrics: The ROI of Good Quality & Compliance
 
mHealth Israel_Physio Logic_US and EU Digital Health Regulatory Landscape
mHealth Israel_Physio Logic_US and EU Digital Health Regulatory LandscapemHealth Israel_Physio Logic_US and EU Digital Health Regulatory Landscape
mHealth Israel_Physio Logic_US and EU Digital Health Regulatory Landscape
 
How is digital innovation affecting the pharmaceutical industry- Presentation
How is digital innovation affecting the pharmaceutical industry- PresentationHow is digital innovation affecting the pharmaceutical industry- Presentation
How is digital innovation affecting the pharmaceutical industry- Presentation
 
EU Medical Device Regulation: Preparing for Disruptive (yet Incomplete) Regu...
EU Medical Device Regulation:  Preparing for Disruptive (yet Incomplete) Regu...EU Medical Device Regulation:  Preparing for Disruptive (yet Incomplete) Regu...
EU Medical Device Regulation: Preparing for Disruptive (yet Incomplete) Regu...
 

Physio-Logic-InvestorsRegulatoryPerspective

  • 1. Quick Investors Reference Guide to Regulated Medical Device & Digital Health Space 1 Braingels 2016
  • 2. This presentation is the sole property of Physio-logic Ltd and is protected by Copyright ©. Any use of this presentation without the prior written approval of Physio-Logic Ltd is prohibited. This presentation does not constitute regulatory advice and should not be regarded as replacing professional consultation. We recommend that you receive specific professional advice in relation to any regulatory matter.  What does regulation stands for?  How does it impact me?  Tips & pearls  Digital vs. non digital MD regulation in a nutshell 2
  • 3.  Barrier to Market It Comes with the Territory…  Typically attributed to product approval by regulatory agencies (FDA, CE, AMAR etc.)  Extends to the entire lifecycle of medical device from inception to end of life  A collective name for three disciplines:  Regulatory Affairs (RA)  Quality Affairs (QA & QC)  Clinical Affairs (CA) What Does Regulation Stands for? 3
  • 4.  Is my product regulated as Medical device?  What is its classification?  Which regulatory requirements apply to my product?  What is my time to market?  How much will it cost me?  Start up wisdom, innovation, leverage good regulatory science and medicine QRC Strategy & Work-plan What Does Regulation Stands for? 4
  • 6. The Impact –Early Stage How Does it Impact Me? 6  Betting on the “wrong horse”  Time to market  Do it right the first time:  Q: Are we developing the right product?  A: Due-dilligence; QA & CA feed the answer  Q: Are we developing the right product right?  A: Design control practice, Quality by design  Wrong doing, under doing, over doing  burn rate, dilution…diminsh ROI
  • 7. Increase Your ROI How Does it Impact Me? 7  Valid Regulatory strategy  Clinical strategy  Quality plan  Gates  Control
  • 8. Bottom Up QRC Work-plan & Budget How Does it Impact Me? 8  Harmonized with R&D WP  Manage your risk  Time to market  Burn rate  ROI
  • 9. Compliance (Late Stage) How Does it Impact Me? 9
  • 10. Tips & Pearls How Does it Impact Me? 10  Due diligence: screen strategy – is QRC project risk aligned with your investment strategy, are project plan and budget valid?  Control your investment – do it right the first time  Understand that ensuring your project is handled by competent QRC expert is in your best interest as investor
  • 11.  Three risk classes  Risk vs. benefit  Intended use  General controls, special controls and PMA Medical Device Regulation 11 Digital Health Regulation  Four classes driven by risk and classification rules  Loosely tied to intended use  Conformity assessment Paradigm more established but struggling with innovation
  • 12. Digital Health Regulation is Challenging • Regulation is (always) behind technology • Booming health apps. Nd Health IT products • Multiple stake holders (HIPPA, FD&C Act, FTC Act, CMS) • Multiple types (mHealth, CDS, Health IT, Personalized Medicine, Telemedicine, wearable device (IOT)) • The demarcation between FDA regulated product vs. nonregulated is complex and tricky at times. • The ramifications of this demarcation are extensive! 12
  • 13.  Risk (privacy, hacking, injury, miss-diagnosis, delay of treatment, misuse, error)  Functionality focused (administrative, medical device etc.)  Narrowly tailored Risk Based Approach for Regulating Digital Health 13
  • 14. Regulation Goes Beyond FDA  FCC, RTTE  FTC  HIPPA (Privacy, Security)  EC Privacy directive (95/46/EC)  ISO/IEC Health IT Standards  Liability for defective products (1985/374/EC &1999/34/EC)  General product safety (2001/95/EC)  Sale of consumer goods (1999/44/EC) and much more…..
  • 15. Our Mission Statement Successfully Navigating the Regulatory Maze
  • 16. Founded & Managed by Gadi Ginot • Over 20 years industry experience in managing Medical Device & Combination product regulation, quality and clinical development  Pharma (Teva)  Medical Device  International experience (scores of relocation to the EU, US) • Internationally renown • Unprecedented accomplishment in navigating precut certification thru FDA and Notified Body
  • 17. Full Service Solution for Medical Device Manufacturer • Largest vendor in Israel (over 30 experts on board) • We cover all bases of Medical Device • Designated Digital Health Team  Usability  FDA 513(g), 510(k), PMA  CE Mark  ISO13485, ISO9001, CMDCAS  CLIA  International registration including AMAR, Russia, CFDA  Compliance  HW & SwQA  Design Control  Risk Management  Performance evaluation  Clinical evaluation  Clinical Trials  HIPPA  Cybersecurity