DESIGN, DEVELOPMENT AND CLINICAL SUPPORT
Busy , Busy Doctors
All medtech startups were told to find some clinical expertise and support in their company. While some have the actual clinician hired, but most don’t. There’s also the need to conduct clinical studies, and of course, the key person is the principal investigator (PI)
If there’s no KPI attached to their work, usually the doctors interested in clinical research, outside of their job, and their daily lives, is about 3% .... Yes, that’s about right - 3%
However, this low percentage is not necessarily a disadvantage. This is because you can be sure that they will be committed as they have overcome all of their constraints
That said, you can be sure there are more than this 3% that are interested, just that they didn’t know how. Is there some way to encourage them? Perhaps from this encouragement the percentage can increase?
With more PIs, then the rest of the infrastructure will be set up such as the clinical research assistants getting hired. Revenue aside (as there will be the bulk of the cost of the clinical study going to the hospitals), the stature of the hospital may be improved due to this research component. Any clinical site will need some support - any importation, regulatory reporting, sponsor management, Access-2-Healthcare can take care.
Start your clinical studies together!