I've worked in health care for the last 15 years, and I really don't think that it's a viable field for startups.
Any device that you'd develop that touches a patient has to get approved by the FDA, and that takes millions of dollars and years of studies. I was involved with a company that subcontracted studies for drug approval. Each study was a couple of million dollars, and you had to do multiple studies to get through each phase, before a drug could be released. It's a nightmare.
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I've worked in health care for the last 15 years, and I really don't think that it's a viable field for startups.
Any device that you'd develop that touches a patient has to get approved by the FDA, and that takes millions of dollars and years of studies. I was involved with a company that subcontracted studies for drug approval. Each study was a couple of million dollars, and you had to do multiple studies to get through each phase, before a drug could be released. It's a nightmare.