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by eddieplan9 2287 days ago
Healthcare is notoriously difficult to “disrupt” due to regulations and how the medical system is set up. I once worked for a healthcare startup and we joked that 1) your customer does not pay you and does not respond to price 2) your customer does not even choose the product and does not respond to product quality 3) you cannot even refine your product freely without getting someone’s approval on every change, for a fee. I understand everyone is happy about the downfall and disgrace of Theranos and rightly so, but I am a bit sad when the general consensus is to take all these regulations as self-evident because “you cannot play with people’s life”. There are definitely areas in healthcare that can have less stringent and rigid requirements, and today we can see that certain diagnostics is a good candidate. Expanding right-to-try [1] would be a step forward too.

[1] https://en.wikipedia.org/wiki/Right-to-try_law