Industry Fundamentals
How




How
TheMedTechindustryisdynamicandrapidly evolving,requiringleaderswhocanadaptto changeandnavigatechallengeswithresilience. Influentialleaderspossesstheabilitytoembracenew technologies,pivotstrategieswhenneeded,andpersevere throughsetbacks.Theyareagileandcontinuouslyseek opportunitiesforlearningandgrowth.
MedTechleadershaveadeepunderstandingofmedical technologies,scientificprinciples,andhealthcaresystems. Theypossessexpertiseinareassuchasbiotechnology, medicaldevices,digitalhealth,diagnostics,and pharmaceuticals.Thistechnicalknowledgeallowsthemto driveinnovation,makeinformeddecisions,andguidetheir organizationstowardsdevelopingcutting-edgesolutions.
SuccessfulleadersinMedTechhaveaclearstrategicvision fortheirorganizationsandtheindustryasawhole.They possesstheabilitytoanticipatefuturetrends,identify emergingopportunities,anddefinearoadmapforgrowth andsuccess.Theycantranslatetheirvisionintoactionable strategiesandeffectivelycommunicateittotheirteams, stakeholders,andinvestors.
Inadditiontotechnicalexpertise,influentialleadersin MedTechhaveasolidgraspofbusinessprinciplesand marketdynamics.Theyunderstandthefinancialaspectsof runningasuccessfulMedTechcompany,including fundraising,budgeting,andrevenuegeneration.Theycan identifymarketopportunities,developviablebusiness models,andforgestrategicpartnershipsandcollaborations.
InfluentialleadersinMedTechhaveavisionarymindset. Theycanenvisionthefutureofhealthcareandunderstand
thepotentialoftechnologytotransformpatientcare.They haveaclearvisionfortheirorganizationsandtheindustry asawhole,andtheyinspireotherswiththeirforwardthinkingideasandinnovativeapproaches.
LeadersinMedTechrecognizetheimportanceof continuouslearningandpersonalgrowth.Theystay updatedonthelatestadvancements,scientificresearch,and industrytrends.Theyinvestintheirownprofessional developmentandencourageacultureoflearningwithin theirorganizations.Theyareopentonewideas,feedback, andinnovation,constantlyseekingopportunitiestoimprove themselvesandtheirteams.
FeaturingtheenthrallingstoriesoftheleadersinMedTech whoaredrivingeternalbettermentsinthemodern healthcaresector,InsightsSuccess—throughitslatest edition—shedslightonThe10MostInfluentialLeaders inMedTech-2023
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AbhhekJoi
Editor-in-Chief
Merry D'Souza
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Sales Executives
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Business Development Executives Steve, Joe Jacob Smile Prachi Mokashi Dominique T.
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March, 2023
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FeaturedPerson
AlbertoCondeMellado Ph.D
IndustrialEngineer NutritionSciences
BassilAkra CEO
BhaskarSambasivan SeniorAdvisor
BjörnAlbrecht Partner
DeanErhardt President&CEO
JacquelineAnim Sr.PrincipalMaterials Engineer
KerenLeshem CEO
LisaSasso President&Executive CoachorExecutive CareerCoach
PratapSarker CEO
Brief CompanyName
GlucoVibes glucovibes.com
AKRATEAMGmbH akrateam.com
CitiusTech citiustech.com
Albertoholdsmorethan15yearsworkingwithdataand improvingbusinessprofitability
BassilissupportingMedicalDeviceandIn-VitroDiagnostic Industrytogetsafe,qualitativeandwell-performingproducts inthemarket.
BhaskarSambasivanhasbeenintheHealthcareandLife Sciencesservicesindustryforabout30yearsandhasserved manyclientsinleadershiproles,establishingstrategic partnershipstohelptransformtheirbusiness.
Björn’sworkcoversthewholevaluechainfromearly discoverystrategiesthroughclinicaldevelopmentto commercializationandreimbursementforcancermedicines. McKinsey mckinsey.com
D2Solutions d2rx.com
Ethicon(Johnson&Johnson) jnjmedtech.com
OCONHealthcare oconmed.com
MedicalDevelopment Partners meddevpartners.com
GreenwayHealth greenwayhealth.com
TinaRaine-Bennett CEO
Medicines360 medicines360.org
Deanoffersover30yearsofstrategicmarketingand managementexperienceacrossboththeconsumerproductand pharmaceuticalarenas.
Jacquelinehasover25yearsofmaterialsandprocess technologysolutionsexperienceforplasticapplicationsin automotiveandmedicaltechnologyenvironment.
Kerenisaseasonedexecutivewithover20years’experiencein themedicaldevice&pharmaceuticalindustriesspecializingin themanagementofinnovativestart-ups,strategy, commercialization,BDandfinancing.
Lisaempowersaspiringleadersandexecutivesinthemedical deviceandlifesciencesfieldsonsettingandachievingboth personalandprofessionalgoals,maintainingwork/lifebalance andultimatelyreachingtheirgreatestpotential.
Pratapisaninnovativeandhighenergyleaderwithasuccessful trackrecordofdeveloping,leadingandgrowingmulti-Billiondollarbusinessesacrossserviceofferingsandindustry segments.
Tinafocusesonexpandingresearchonwomen'shealthand translatingwomen'shealthresearchintoclinicalpracticewithin theObstetricsandGynecologydepartments
I have been leading D2 Solutions through a transformation from a traditional consulting organization to a technology-driven organization delivering SaaS solutions to industry stakeholders.
Workingthewayuptosuccessrequiresinnovationasthecriterionintoday’sdigitalage. Technologicaltransformationsmustbethe drivingforceofeverybusinessinordertoscaleitsprogress.Ensuringthatthisaspectisnotneglectedinvarious healthcaresectorsisDeanErhardt.
Drivingthetransformationofstrategicmarketingand managementexperienceacrossboththepharmaceuticaland consumerproductarenasforover25years,Deanis currentlythePresidentandCEOofD2Solutions.His areasofexpertiseincludeanalysisanddevelopmentof pharmaceuticaldistribution,reimbursementandpatient supportprograms.FurtherunderhisleadershipD2has developedvariousSaaSsolutionsfocusedonhelping variousstakeholdera)driveadditionalrevenue,b)decrease operationalcostandc)reduceexposuretoregulatoryrisk.
Deanhasworkedwithover100pharmaceutical,biotech, andmedicaldevicemanufacturersassistinginthestrategic andtacticalexecutionoftheirmarketinitiatives.In addition,Mr.Erhardthasworkedwithnumeroussmalland midsizedpharmaceuticalandbiotechorganizationsinthe areasofstrategydevelopment,channelmanagement, productreimbursementandpatientservices.
Inaninterview, Insights Success hadacomprehensive discoursewithDeantounderstandhismodelofsolutionorientedservices.
Below are the highlights of the interview:
Brieflydescribeyourprofessionaljourneyupuntilnow.
PriortomyroleatD2,Iservedinrolesofincreasing responsibilitywithExpressScripts,CardinalHealth,and USHealthcare.MymostrecentcorporaterolewasVice PresidentofSalesandMarketingfortheExpressScripts SpecialtyPharmacyBenefitsManagementgroup.Inthis role,IworkedwithmultipleManagedCareandPayer organizations,developingformularies,reimbursement models,andproductsupportprogramsforspecialtyand biotechtherapeuticcategories.
Previously,IledSalesandMarketingforExpressScripts SpecialtyDistributionServices,workingwithover30 pharmaceuticalmanufacturersintheareasofLimited Distributionprograms,PatientAssistanceprograms, Sampling,ReimbursementSupport,andotherproductspecificsupportprograms.
Whatchallengesdidyoufacealongtheway?
Thequestionis,whatchallengeshavewenotfaced?The D2teamsworkhardtolistentoourclientsanddevelop solutionsthatsolvereal-worldproblems.Intoday’s environment,organizationsfacelimitedresourcesinthe areasoftime(toomuchtodowithlimitedpersonnel resources),talent(asignificantchallengeinfindingand retainingtalent),andmoney(limitedfinancialresources). Thesechallengesfacedbyourclientswerealsoconfronted byD2;atthesametime,wewereworkingtodevelop solutionsforourclientpartners.
Whatsignificantimpacthaveyoubroughttothe MedTechindustry?
IhavebeenleadingD2Solutionsthroughatransformation fromatraditionalconsultingfirmtoatechnology-driven organizationdeliveringSaaSsolutionstoindustrystakeholdersthatdriveoperationalefficienciesbyreducingthe needforhumanlabor,enablingbetterregulatorycompliance,andacceleratingrevenuecapture.IntodaysenvironmentwearenotfacedwiththequestionofifweWANTto domorewithless,butratherweareinasituationwherewe MUSTdomorewithless.
TellusaboutD2Solutionsanditsfoundationpillar.
D2empowershealthcareleaderswithauniquecombination ofSaaSsolutionsanddeepconsultingexpertise,focusing oneliminatingkeyfrictionpointsinthemarketplacetohelp healthcarestakeholdersachievebetterefficienciesandattain improvedpatientresults.
D2wasfoundedin2008andfocusedonprovidingservices intheareasofdistributionandreimbursement.In2015,D2 begantheprocessofincludingtechnology-basedsolutions.
D2 empowers healthcare leaders with a unique combination of SaaS solutions and deep consulting expertise, focusing on eliminating key friction points in the marketplace.
Today,D2hassuccessfullycombinedconsultingand technologytoprovideacombinationofstrategicconsulting, tacticalimplementation,andSaaStechnologysolutions. Onehundredpercent(100%)ofD2’sfocusisinthe healthcaresector,withclientsincludingPharmaand Biotechmanufacturers,SpecialtyPharmacies,Payers, HospitalSystems,andPBMs.D2’straditionalconsulting focusisintheareasofSupplyChainManagement,Market Access(Pricing&Reimbursement), PharmacyOperations andPatientServices.
D2hasdevelopedauniquesetofservicesincludingbutnot limitedtoSourcingManufacturingcapacity;Settingupthe completesupplychannel,includingallaspectsofPatient Support;MarketAccess,includingfullPayercoveragefor Commercial,Medicare,Medicaid,andVA/DoD;SaaS solutionstocapturepatientsattheMDofficeandaccelerate patientenrolmentintomanufacturerprogramsaswellasto administerelectronicBenefitVerificationforthe onboardingprocessalongwithtofacilitatedigitalcomplianceanddiseasemanagementofpatientsthroughtheirfull courseoftherapy
HowdoesD2Solutionspromoteworkforceflexibility, andwhatisyourroleinit?
D2hasalwaysbeenanat-homeworkenvironment.We worktoencourageemployeestobeengagedandto recognizethatalloftheircontributionsarehighlyvalued.
Whatisyourtakeontechnology’simportance,andhow areyouleveragingit?
Technologymustenhanceyourbusiness,notforceyouto revampbusiness–whichcreatesasignificantrisktoan organization.D2’stechnologyfocusesonworkflow efficiencyandeasy-to-incorporatesolutionsthathelp organizationstocapturemorerevenue,enhanceoperational margin,anddiminishexposuretopotentialbusinessrisk.
Thesepillarsenableorganizationstogetmoredonewith lesshumanlabor,allowingstakeholderstoaddressthe issuesoflaborshortageandever-increasinglaborcoststhat areplaguingallstakeholders.
Whatwillbethefollowingsignificantchangeinthe MedTechindustry,andhowareyoupreparingforit?
ThereareseveralmajorshiftsgoingonintheMedTech environment.
Ÿ Patientcarewillcontinuetoevolveatanever-increasing pace.FDA-approveddigitaltherapeutics,inadditionto everydaywearables,willenablePatientstobemore informedaboutallaspectsofhowtheirlifestyleimpacts theirhealthandhowtheirindividualdecisionscan impacttheiroverallhealth.
Ÿ Technologiesthatdrivemeasurableenhancementstoan organization(anareaoffocusforD2)–enabling changes,suchasa)organizationstoworkfaster,b) Patientstoprovidemorereal-timefeedbackontheir care,c)theabilitytoacceleratePatientonboardingto drugsandtherapies,andd)organizationstoscalewith lesshumanintervention,etc.Theseareallexamples whereMedTech–willenhancethedeliveryof healthcareforProviders,Patients,andPayers.
Whatareyourgoalsintheupcomingfuture?
D2issingularlyfocusedonaddressingworkflowefficiency thatcantakecostoutofthehealthcaredeliverymodelwhile creatinganextremelypositivepatientexperience.Continuedissuesinandarounddrugcosts,laborcost/labor shortages,administrativeburden,andworkerburnout, amongothers,mustbeaddressed–andcanonlybe addressedviatechnology.
Theseissuesputatrisktheabilityoforganizations,suchas pharmacies,hospitals,andclinics,toprovidehigh-quality caretoanincreasinglyelderlyUSpopulation.
Whatadvicewouldyouliketogivethenextgeneration ofaspiringbusinessleaders?
IwouldliketoadvisethemtoFocusontheoutcomeyou aretryingtoachieveandfightlikecrazytoachieveit.Don’t allowsetbackstotakeawayfromavisionthathashigh stakeholdervalue.
D2 is singularly focused on addressing workflow efficiency that can take cost out of the healthcare delivery model.
Womenleadershipisanimportantaspectof
empoweringwomeninvariousfieldsand promotinggenderequality.Womenleaders bringuniqueperspectives,experiences,andapproachesto leadership,whichcanleadtomorecreativeandeffective decision-making.Womenleadersalsoserveasrolemodels forthenextgenerationofwomenandgirls,inspiringthem topursuetheirownleadershippaths.
Inrecentyears,therehasbeenasignificantincreaseinthe numberofwomeninleadershippositionsacrossvarious sectors,includingpolitics,business,andnon-profit organizations.However,despitetheseadvances,women stillfacenumerouschallengesandbarrierswhenitcomes toattainingandmaintainingleadershiproles.Someofthese challengesincludethegenderpaygap,lackofmentorsand sponsors,andapersistentculturalbiasthatviewswomenas lesscompetentorlessqualifiedforleadershippositions.
Toovercomethesechallengesandpromotegenderequality inleadership,avarietyofinitiativeshavebeenlaunched, includingmentorshipprograms,leadershipdevelopment training,anddiversityandinclusioninitiativesinthe workplace.Theseinitiativesareaimedatcreatinga supportiveenvironmentforwomentothriveasleadersand removingthesystemicbarriersthatpreventwomenfrom advancingtoleadershippositions.
FundraisingisanimportantaspectofLeadershiprolesand importantforsecuringresourcesandsupportforvarious causes,includingwomen'shealth.Women'shealthisa broadfieldthatencompassesawiderangeofissues, includingreproductivehealth,maternalhealth,andgenderbasedviolence.Ensuringaccesstoqualityhealthcareand addressingthesehealthconcernsiscrucialfortheoverall well-beingofwomenandgirls.
Thereareavarietyofwaystoraisefundsforwomen's healthinitiatives,includingcrowdfundingcampaigns, fundraisingevents,andpartnershipswithcorporationsand foundations.Crowdfundingplatformsallowindividualsand organizationstoraisefundsforspecificprojectsorcauses, whilefundraisingeventssuchaswalks,runs,orgalascan raiseawarenessandfundsforwomen'shealthinitiatives.
Partnershipswithcorporationsandfoundationscanalso playasignificantroleinraisingfundsforwomen'shealth initiatives.Thesepartnershipsofteninvolvethedonationof funds,resources,orexpertisetosupportwomen'shealth initiatives.Somecorporationsalsohaveprogramsinplace tosupportthehealthandwell-beingoftheiremployeesand theirfamilies,includinginitiativesfocusedonmaternaland reproductivehealth.
Inconclusion,women'sleadershipandfundraisingfor women'shealtharebothcrucialcomponentsofpromoting genderequalityandimprovingthelivesofwomenand girls.Whileprogresshasbeenmadeinrecentyears,thereis stillmuchworktobedonetoaddressthechallengesand barriersthatwomenfaceintheseareas.
Throughcontinuedeffortstosupportandempowerwomen leadersandtosecureresourcesforwomen'shealth initiatives,wecanworktowardsafuturewherewomen haveequalopportunitiesandaccesstotheresourcesthey needtothrive.
Thefieldofmedicaltechnology(MedTech)is
experiencingrapidadvancementsdrivenby technologicalinnovations.Theseinnovationsare revolutionizinghealthcaredelivery,improvingpatient outcomes,andtransformingthewaymedicalprofessionals diagnose,treat,andmanagediseases.Thisarticleexplores someofthecutting-edgetechinnovationsthatareenabling significantadvancementsintheMedTechsector,ultimately enhancingthequalityofpatientcareandmedicalpractices.
AIandmachinelearningalgorithmsarerevolutionizing MedTechbyanalyzingvastamountsofmedicaldatato identifypatterns,predictoutcomes,andassistindecisionmaking.Thesetechnologiescanimprovediagnostic accuracy,enhancepatientmonitoring,andenable personalizedtreatmentplans.AI-poweredtools,suchas imagerecognitionsoftware,canassistradiologistsin detectingabnormalities,whilemachinelearningalgorithms canhelpidentifypotentialdruginteractionsoroptimize treatmentprotocols.
TheInternetofThings(IoT)istransforminghealthcare throughtheInternetofMedicalThings(IoMT).Connected medicaldevicesandwearablescollectreal-timepatient data,enablingremotemonitoring,earlydetectionofhealth issues,andtimelyinterventions.IoMTdevicesrangefrom fitnesstrackersandsmartwatchestoadvancedmedical implantsandbiosensors.Thesetechnologiesenhance preventivecare,enabletelemedicine,andimprovepatient engagementinmanagingtheirhealth.
Roboticsystemsandsurgicalautomationarereshaping surgicalprocedures,offeringenhancedprecision,efficiency, andsafety.Robot-assistedsurgeriesallowsurgeonsto performcomplexprocedureswithgreateraccuracy,smaller incisions,andreducedrecoverytimes.Surgeonscancontrol roboticarmsequippedwithadvancedimagingandsurgical tools,providingenhanceddexterityandvisualizationduring procedures.Surgicalautomationalsoincludesautonomous systemsthatassistwithtaskssuchasmedication dispensing,reducingerrorsandimprovingmedication management.
Virtualandaugmentedrealitytechnologiesarefinding applicationsinmedicaltraining,surgicalplanning,and patientcare.VRallowsmedicalstudentsandprofessionals tosimulatesurgeriesandpracticecomplexproceduresina virtualenvironment,enhancingtrainingeffectiveness.AR overlaysdigitalinformationontotherealworld,aiding surgeonswithreal-timeguidanceduringoperations. Additionally,VR/ARcanbeusedtoalleviatepatient anxiety,provideimmersivetherapyexperiences,and facilitateremoteconsultations.
Advancementsingenomics,fueledbynext-generation sequencingtechnologies,aretransformingthelandscapeof precisionmedicine.Genomicprofilingenablespersonalized treatmentplansbasedonanindividual'sgeneticmakeup, identifyinggeneticpredispositionstodiseasesandguiding targetedtherapies.Theavailabilityoflarge-scalegenomic databasescombinedwithAIalgorithmsallowsformore accuratediagnosesandtailoredtreatmentstrategies,leading toimprovedpatientoutcomes.
Telehealthsolutionsandremotemonitoringtechnologies havegainedsignificantprominence,particularlyinlightof theCOVID-19pandemic.Thesetechnologiesfacilitate virtualconsultations,remotepatientmonitoring,and telemedicineservices,enablingpatientstoreceivetimely carefromthecomfortoftheirhomes.Remotemonitoring devicestrackvitalsigns,medicationadherence,anddisease progression,allowinghealthcareproviderstointervene promptlyandoptimizetreatmentplans.
3Dprinting,oradditivemanufacturing,ismaking significantcontributionstoMedTechbyenablingthe productionofcustomizedmedicaldevices,prosthetics, implants,andanatomicalmodels.Thistechnologyallows forpreciseandpersonalizeddesign,enhancingpatient comfortandoptimizingtreatmentoutcomes.3Dprinting alsooffersthepotentialforon-demandmanufacturingof medicalsuppliesandequipment,addressingsupplychain challengesandimprovingaccessibilitytohealthcarein remoteareas.
BigDataAnalytics:
Theanalysisoflargeandcomplexhealthcaredatasetsis aidingmedicalprofessionalsingaininginsights,identifying trends,andmakinginformeddecisions.Bigdataanalytics canimprovediseasesurveillance,identifypopulationhealth patterns,andoptimizeresourceallocation.Italsoplaysa crucialroleinclinicalresearch,drugdevelopment,and personalizedmedicinebyanalyzingvastamountsof genomic,clinical,anddemographicdata.
BlockchainTechnology:
Blockchaintechnologyoffersenhancedsecurity, transparency,andinteroperabilityinhealthcaresystems.It canfacilitatesecuresharingofmedicalrecords,protect patientprivacy,andenableseamlessexchangeofhealth informationacrossdifferentproviders.Blockchain-based smartcontractscanautomateandstreamlineprocessessuch asinsuranceclaims,supplychainmanagement,andclinical trials,reducingadministrativeburdensandensuringdata integrity
Nanotechnology:
Nanotechnologyisrevolutionizingmedicalinterventions withitspotentialforprecisedrugdelivery,diagnostics,and tissueengineering.Nanoscaledevicesandparticlescan targetspecificcellsortissues,deliveringmedicationswith higherefficacyandfewersideeffects.Nanosensorsenable real-timemonitoringofbiomarkers,enhancingdisease detectionandmanagement.Additionally,nanomaterialsare beingusedintissueengineeringtodevelopartificialorgans andimplantablemedicaldevices.
Thereisanimplicittrustthathealthprofessionals,as
wellaspatientsandfamilies,placeinthemedical devicesandinstrumentstheyuse.Theyattachitto variousbodypartsofthepatientwiththeexpectationthat thematerialsusedinthemakingofthedevicewillnotbe harmfultothem.
Itiscriticalthatanyorallmaterialsaremedicallysafefor patientsordoctorstouse.ItwasJacquelineAnimwhowas thefirsttocointhephrase‘AllMaterialsarenotequal.’She calledupontheotherprofessionalsintheMedTechindustry tostartseparatingmedicalmaterialsfromnon-medical ones.
Animisasubjectmatterexpertwithmorethan28yearsof experienceintheindustry.Shecurrentlyholdstheposition ofSr.PrincipalMaterialsEngineeratEthicon,apartof Johnson&Johnson’sMedTechdivision Animisastrong operationprofessionalwhoishighlyskilledatcollaborating andleadingresearch&developmentteams.
Ethiconhas100yearsofhistoryofstandingalongwith healthcareprofessionalstoimproveandsavelives.Its surgicaltechnologiesandsolutionsincludesutures,staplers, energydevices,trocars,andhemostats,alongwith interventionalablation,robotics,anddigitalsolutions.
Inanexclusiveinterviewwith Insights Success,Jacqueline AnimgivesusaninsidelookattheMedTechindustryand shareshowsheisinfluencingchangethroughherexpertise. Below are the highlights of the interview:
Jacqueline,pleasedescribeforouraudienceyour professionaljourneyupuntilnow.
IstartedasaProcessEngineerintheMaterialsEngineering GroupatDelphiin1994.Overtheperiodofnext15years,I climbedtheladderattheorganizationwhileholdingseveral leadingpositionsontheway.In2009,Itookthepositionof SeniorExternalManufacturingEngineeratEthicon, Johnson&Johnson’sMedTechdivision.Ihaveworkedin variousdifferentdepartmentshere,fromExternal ManufacturingtoLifeCycletoR&D.Currently,Iamthe SeniorPrincipalMaterialsEngineerattheR&DMaterials department.
AfterobtainingmygraduateeducationinChemical Engineering,Ihadtheopportunitytojointheinterior divisionofGeneralMotorsthencalledInlandFisherGuide, whichlaterbecameDelphi.Whilethere,Inoticedthatwe haddatabasesfullofvalidatedmaterials(plastics,coatings, textiles,etc.).Thesematerialshadadesignated specification,suchasGMP.PC.001pre-approvedfor interiorcomponentmolding.
However,uponjoiningtheMedicalDeviceindustries,I quicklyrealizedtherewerenosuchsystems,which necessitatedtheurgentneedtoestablishamaterialdata managementsysteminMedTechatJNJ.Iamnowlooking toscaleitoutacrosstheentireindustry
Upon joining the MedTech division at JNJ I quickly realized the urgent need to establish a material data management system. I am now looking to scale it out across the entire industry.
Whatsignificantimpacthaveyoubroughttothe MedTechindustry?
IusedoneofthenumerousconferencesandMedTechtrade showeventstocallupontheindustrytosegregatemedical materialsfromnon-medicalalternatives.Ialsocoinedthe phrase “All Materials are not made equal” toemphasize thefactthatthereareindeedmaterialsthatarenotintended forpatientscontactingmedicaldevices.
Recently,IalsocreatedandledtheveryfirstnorthAmerica MedicalGradeConsortiumtodiscussaguidelinefor definingmedicalgradematerialsfortheentireMedTech industrywithovertwenty-fiveindustrycollaboratorsi.e., Trinseo,EMS,DuPont,Americhem,RTP,SHPP,Covestro, Nusil-Avantor,FosterCorporation,Avient,Celanese, Evonik,Invibio,Clariant,Victrex,Liveo,Solvay,Sabic, Moldex3D,justtomentionafew
TellusaboutJohnson&Johnsonanditsfoundation pillar.
ThefoundationpillarforJNJisOurCredo.AtJNJ,ourfirst responsibilityistothepatients,doctors,andnurses,to mothersandfatherswhouseourproductsandservice.In meetingtheirneeds,everythingwedomustbeofhigh quality.
WhatisthenextbigthinginMedTech?
Asyoumayknow,theMedTechspaceisacontinuum ecosystem.Technologiesthatareintendedforothermarkets arenowfindingtheirwayintomedicaldevicese.g.,with theintroductionofroboticanddigitalsurgery,therehas beenaninfluxofuseofcompositebraidedarticles,spun material,andinsulatingtapes.Craneandcableassembly materials,e.g.,non-SVHCareinhighdemand.Italmost seemslikethecustomcable/wiresolutionisinshort supply Theprocessofcustomizationrequiresextensive materialselection,suchascompliancetoUL94ratingsof V-2orbetteranddiversesterilizationtechniques.
Whatisyourtakeontechnology’simportance,andhow areyouleveragingit?
Technologyisinevitableastherearenowsystemsand infrastructurestosupportit,fore.g.,5G,cloudstorage,etc. enablesthemovementoflargedataatthespeedoflight.If
wehadareasoninthepasttoprocrastinate,thatlimitation hasbeenremoved.Inmyareaofinterest,it'sdifficultto drawafirewallbetweencollaboratorandcompetitionsince weallleveragefromthesamesources.Thus,unlessthe materialiscustomised,thematerialmanufacturerswill makeitavailabletootherOEMsinthesameclassification ofend-use.Thereisnotechnologysecretanywhereasthe high-volumesalehasafavourableinfluenceontheprice perpound.
WhatwillbethenextsignificantchangeintheMedTech industry,andhowareyoupreparingforit?
ThenextdisruptionchangeinMedTechismedicalmaterial segregationandstandardizationguidelinecompliancefor regulatedmaterialsuppliers.Thishasbeenagapanda significantindustryunmetneed,butweareworkingto closethisgap.Thisnewapproachwilltrickledowntoall thematerialdatabasesandlibrariestoenhanceintuitive segregationandselection.
Whatareyourgoalsintheupcomingfuture?
Myfocusisonthecollaboratingtoreleasetheuniversal medicalmaterialguidelineforshort-termpatientcontacting applicationsandpremedicalpackaging.
Whatadvicewouldyouliketogivethenextgeneration ofaspiringbusinessleaders?
Oneareathatisseekingforattentionisdesignforend-toendsustainability ThisisacalltotheMaterialsand MedTechindustrytoaddthispillarintheproductdesign processupfrontandnotafterthefact.
Pandemicandbiologychangedinjustoneyearmore
thantechnologyinthelast10years.Allthe technologicaltoolsweretherebutmostofallbig companieswerenotusingthemproperly.Andourlifestyle changedwithit.
Today,remoteworkingorteleworkingisverynormal,as areconferences,phonecallsandotheractivitiesthatleave behindthefacetofacenecessityandlotsoftravelingand commuting.
Thistendencyhasbecomethenewrealityanditcouldbea goodstepintheshorttermintermsofefficiencyand productivity,butithasacriticalimpactonthelifestyle habitsandemployees'health.Andthemainreasonisthat wedramaticallyreduceouractivityandwebecomemore sedentary.
Thissedentarylifestyleaffectshealthbadly,anditopensthe doortofuturemetabolismdisorderssuchasmetabolic syndrome,obesity,insomniaortype2diabetes.Wesaw fromGlucovibesusersthattheglucoselevelsofsedentary peopleishigheratallthetime,bothdayandnight.
Thismeansthattheinsulinlevelsarehigher,too,andthe lackofactivitytogetherwithahighdietincarbohydrates andsaturatedfatsistheperfectstormformetabolic disorders.
Activityisthemainregulatorofourglucoselevels,andit cannotbereplacedjustbyaspecificdietorcarbohydrates limitation.Ourbodyandmetabolismiscreatedtohavean
activeprofile,ourmusclesneedtobeusedtoavoidtheir atrophy.
Dietofcoursehasadirecteffectonglucoselevelsand metabolichealth,andmetabolicGPSlikeGlucovibes allowsyoutounderstandthiseffecttogetherwithactivity andresting,thethreemainpillarsofmetabolichealth.
Itisimportanttounderstandthatanyemployeeshould introduceinhis/herschedulesomeactivityeach90or120 minutes,alittlewalkof15or20minuteshaveapositive effectonthemetabolism,andifyoutakethisshortwalk afteryourmeals,ourbodyreceivethehelpofourmuscles toregulatetheintakeofenergyandglucoseofeachmeal.
Atthesametime,itisveryimportanttobalancethe nutrientsintake,inordertoavoidaplaincarbohydratemeal andmostofall,ahighaddedsugarmeal,whichisquite commoninalotofemployeesworkingremotelyto maintaintheirattention.Infact,highcarbohydrateintake mealsgeneratereactivehypoglycemiawhichmeansafocus depreciationandnewglucosedesireorcravingspushingus tokeepeatingallthetime.
Asimplewaytoregulatethemetabolismcouldbeabalance dietinProteins,CarbohydratesandhealthyFatstogether withfoodsrichinfiber,togetherwithsomeactivityevery day(a30minuteswalkingaftermealsismoreeffectivethat gotothegymtwiceaweek),with3to5intakesperday, and7to8hoursofgoodsleepwith10to14offasting periodfromdinnertobreakfast.Anearlydinnerhelps,and somestrengthworkoutasfirst"todo"inthemorning,even
Impactonglucoselevelsofeatingthesamechocolatepuffpastryduringawalkor inthesofa(byGlucovibes)
for10to15minutesregulatesourmetabolismfromthe beginningoftheday.Ofcourse,avoidingprocessedfoods andaddedsugarfoodsisagoodchoice.
Remoteworkingreducesactivityandcouldhavefatal consequencesinanymetabolismifwedonottakeaction andbalanceourlifestyle.Earlydeathandchronicmetabolic disordersaregrowingeachyearandthepandemicwill boostthesenumbersifwedonotunderstandhowtofaceit withbetterlifestylehabits.Fortunately,technologycould helphere,too,allowingusaguidanceormetabolicGPSas Glucovibesdoestounderstandthechangeandtheimpactof ourlifestyleonourhealth.
Theintersectionoftechnologyandhealthcarehasgivenrisetothe MedTechsector,whichplaysapivotalroleindrivingadvancements andtransformingtheglobalhealthcarelandscape.MedTech, encompassingmedicaldevices,digitalhealthsolutions,andtechnological innovations,isrevolutionizinghealthcaredelivery,improvingpatient outcomes,andenhancingoverallhealthcareefficiency.Thisarticleexplores howtheMedTechsectorisenablingsignificantadvancementsintheglobal healthcaresector,ultimatelybenefitingpatients,healthcareprofessionals,and healthcaresystems.
TheMedTechsectorhasintroducedinnovativediagnostictoolsandimaging technologiesthatenableearlierandmoreaccuratediseasedetection. Advancedmedicalimagingdevices,suchasMRI,CTscanners,and ultrasoundmachines,providedetailedandhigh-resolutionimages,aidingin thediagnosisofvariousconditions.Additionally,diagnosticdevicesand laboratorytechnologieshavebecomemoreportableandaccessible,enabling point-of-caretestingandfasterresults,therebyexpeditingtreatment initiation.
Digitalhealthsolutionsandwearabledevicesareempoweringpatientsto takecontroloftheirhealth.Mobilehealthapplications,patientportals,and telehealthplatformsprovideconvenientaccesstohealthcareservices,remote consultations,andhealthinformation.Wearabledevices,includingfitness trackersandsmartwatches,monitorvitalsigns,trackactivitylevels,and facilitateremotepatientmonitoring.Theseadvancementspromotepatient engagement,enableself-management,andfacilitatetimelyintervention.
TheMedTechsectorisenablingtheadvancementofpersonalizedmedicine, tailoringtreatmentplanstoindividualpatientsbasedontheirgenetic makeup,lifestyle,andspecifichealthcharacteristics.Genomics,proteomics,
andmoleculardiagnosticstechnologieshaveimprovedour understandingofdiseasesatamolecularlevel,allowingfor targetedtherapiesandprecisionmedicineapproaches.By analyzinglargedatasetsandemployingartificial intelligencealgorithms,healthcareproviderscanidentify biomarkers,predicttreatmentresponses,andoptimize medicationregimens.
MedTechinnovationsareaddressingthechallengeof healthcareaccess,particularlyinunderservedandremote areas.Telemedicineplatformsandmobilehealthsolutions enablevirtualconsultations,providingaccesstohealthcare professionalsregardlessofgeographicalconstraints. Remotemonitoringdevicesfacilitatethemanagementof chronicconditionsandallowhealthcareprovidersto remotelytrackpatienthealthparameters.Additionally, portablemedicaldevicesandmobileclinicsbring healthcareservicesdirectlytocommunities,enhancing accessibilityandreducinghealthcaredisparities.
SurgicaladvancementsfacilitatedbytheMedTechsector haverevolutionizedsurgicalprocedures,makingthemsafer, moreprecise,andminimallyinvasive.Robot-assisted surgerysystemsofferenhancedsurgicaldexterity,3D visualization,andpreciseinstrumentcontrol,enabling surgeonstoperformcomplexprocedureswithincreased precisionandreducedinvasiveness.Additionally,surgical navigationsystemsprovidereal-timeguidanceduring surgeries,improvingaccuracyandreducingcomplications.
MedTechsolutionsarestreamlininghealthcareoperations, improvingefficiency,andreducingadministrativeburdens. Electronichealthrecords(EHRs)andhealthinformation exchangesystemsenableseamlesssharingofpatient informationamonghealthcareproviders,enhancingcare coordinationandreducingduplicationoftests.Workflow managementsystemsautomateadministrativetasks, optimizeresourceallocation,andreducepaperwork, allowinghealthcareprofessionalstofocusmoreonpatient care.
TheMedTechsectorhasfacilitatedtheanalysisoflarge volumesofhealthcaredata,leadingtovaluableinsightsand
evidence-baseddecision-making.Advancedanalyticstools, includingartificialintelligenceandmachinelearning algorithms,cananalyzecomplexhealthcaredatasets, identifypatterns,andpredictoutcomes.Theseinsightsaid indiseasesurveillance,populationhealthmanagement,and treatmentoptimization,ultimatelyimprovinghealthcare deliveryandpatientoutcomes.
MedTechinnovationsareshiftinghealthcarefocustowards preventivecare.Connecteddevices,suchaswearable fitnesstrackersandsmarthomemonitoringsystems, encourageindividualstoadopthealthierlifestylesand engageinproactivehealthmanagement.
MedTechsolutionsenableremotemonitoringofpatients' vitalsigns,chronicconditions,andpost-surgicalrecovery Thiscapabilityallowshealthcareproviderstoremotely trackpatients'healthstatus,interveneinatimelymanner, andreducehospitalreadmissions.Telemedicineplatforms enablevirtualconsultations,connectingpatientswith healthcareprofessionalsfordiagnosis,treatment,and follow-upcare,regardlessofgeographicaldistance.
MedTechinnovationscontributetoenhancingpatientsafety withinhealthcaresettings.Technologiessuchasbarcode scanningsystemsandelectronicmedicationadministration records(eMARs)reducemedicationerrorsandimprove medicationmanagement.Smartinfusionpumpswithdose errorreductionsystemsandintegrateddruglibrariesensure accuratemedicationdelivery Additionally,technologies likeelectronichealthrecords(EHRs)provide comprehensivepatientinformation,reducingtheriskof adverseeventsandimprovingcarecoordination.
MedTechadvancementsfacilitateseamlessdata interoperabilityandintegrationamongdifferenthealthcare systemsanddevices.Thisenablestheexchangeofpatient information,testresults,andtreatmentplansbetween healthcareproviders,promotingcarecontinuityand avoidingredundanttests.Interoperabilityalsosupports populationhealthmanagement,researchcollaborations,and theintegrationofartificialintelligenceandanalyticstools fordata-driveninsights.