French Minister Has Her Own Angle On the Success Of Medtech
The 5th annual journée start-up innovantes du dispositif médical was officially opened by French secretary of state Agnès Pannier-Runacher, who has first-hand experience of the benefits of health-tech innovation. She listed the challenges that innovative start-ups must surmount.
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France’s medtech industry association, Snitem, says everything is in place to create a globally-leading start-ups sector locally, but all stakeholders must play their part, and companies should be wary of falling into easy traps.
As health care transitions to digitally enabled wellness, medtechs will be missing a trick if they persist in holding onto the delivery, business methods and models that were the standard of the early 2000s. Heightened expectations of the new options for dealing with personal health mean that new opportunities are there for the taking – but industry shouldn’t let the tech companies have it all their own way, advised ZS principal Brian Chapman.
Securing reimbursement for innovative medical devices in France calls for high levels of human and financial input. Yet the often cumbersome and misfiring adoption procedures deter manufacturers from approaching this ostensibly attractive medical device market – Europe’s second largest. But Corinne Lebourgeois of MedC. Partners explains that a revamped “forfait innovation” might provide the much-needed change.