Ann: Results of Meeting, page-27

Medical Technologies can be very frustrating investments.
Investors are up against it:
1. The regulators who are th 'gate keeper' have so many 'hoops' to climb through;
2. The health department staff are more interested in protecting their patch and their 'back side' that embracing new technologies, and are not good at justifying to the politicians the saving and need for the new technologies, Heaven forbid, it could lower their pay scale or even put them out of a job!
3. The your have the doctors and other health professionals. They learnt it one way and find it hard to change particularly when they might loose half of their previous income from fees. They are very conservative and slow to adopt new ways of doing things.
4. Then their are are liability insurers, who cover the medical malpractice insurance risk. They sit in their offices in the UK, Europe and the US ands to doctors, you cannot use this practice or use the device without it being fully approved by the FDA and the Regulator in the Country where the medico or medical service provider delivers the service.