Intelligent Health.tech Issue 22 | Page 68

ENSURE YOU HAVE THE RIGHT TEAM , INVESTORS , AND ADVISORS TO SUPPORT THIS JOURNEY .
S C R U B B I N G U P

ENSURE YOU HAVE THE RIGHT TEAM , INVESTORS , AND ADVISORS TO SUPPORT THIS JOURNEY .

Knowledge about the investment space can vary . From new starters to first-time seekers of investment , the idea of how the process rolls out can be filled with misinformation and misconception .
Buller highlighted a strong example of how people entering an investment process can be misinformed . “ A common misconception is the immediate expectation of revenue without understanding the lengthy regulatory processes involved in healthcare . Investors need to recognise these extended investment cycles and value inflexion points . It ’ s not just about getting to market quickly ; it ’ s about doing so in a way that meets regulatory standards and ensures patient safety .”
When considering patient safety , it is integral within the healthcare industry to take regulation into consideration . However , there are mixed feelings about ‘ over-regulating ’ and how the process can hugely delay getting products and services to market .
“ Over-regulation can slow down innovation . We need a balance that protects patients while also facilitating quicker market entry . Harmonising regulations across regions can help , especially in Europe where multiple layers of regulation can create unnecessary hurdles . There is also a misconception that digital health solutions are easy to
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