Everything you want to know about digital health
The digital health wave is gathering momentum. Wearable devices, consumer healthcare and lifestyle apps, AI diagnostics, personalised medicine, online and video call appointments with clinicians – commercial opportunities abound across the healthcare and wellbeing ecosystem. Around the world, health care providers are embracing digital technology and innovation. The NHS in the UK is no exception; digital health services and digital innovation feature strongly in the NHS Long Term Plan.
Digital health care may be a brave new world but the same old business challenges remain – plus a few more. For a start, digital health is and will continue to be a highly regulated industry. It involves handling the most sensitive personal information and raises hard questions around data ownership, sharing and privacy. New medical devices and medicinal products will be subject to the most stringent regulation. Then there’s consumer rights, product safety and labelling to consider. Every digital health business must also protect its intellectual property. On top of all that there are the everyday essentials of financing, licensing, contracting, procurement, employment, M&A activity and dealing with any disputes.
Our digital health team understands the technology, the commercial imperatives and the legal and regulatory frameworks that apply to enterprises in this fast moving market space. We can advise you at every step along the way, from the early days of innovation and fundraising to full-scale commercial roll out and beyond.