The current innovation process for medical technologies risks stifling the development of new devices, a leading researcher has argued.
Alejandro Frangi, Diamond Jubilee Chair in Computational Medicine at the University of Leeds, says the present system was geared towards small, incremental changes to existing technology or the development of new technologies that work for ‘most’ people but are ineffective or even harmful for others.
By the time side effects emerge, often late in the development life-cycle, millions of pounds may already have been spent.
Prof Frangi said: “It is a huge waste of money with product development teams having to go back to the drawing board or even scrap a project.
source University of Leeds