logo
episode-header-image
Oct 2024
29m 6s

#387: The case for Real World Evidence S...

Greenlight Guru + Medical Device Entrepreneurs
About this episode

In this insightful episode of the Global Medical Device Podcast, host Etienne Nichols is joined by Simon Mason, President of NEST (National Evaluation System for Health Technology), to explore how real-world evidence (RWE) is shaping the future of medical device regulation.

Simon breaks down NEST's critical role in catalyzing the use of RWE to streamline submissions, accelerate time-to-market, and lower costs for MedTech companies. With a focus on post-market data, off-label use, and pivotal test cases like pediatric devices and robotic surgery, this conversation reveals the immense potential of RWE to improve patient outcomes and advance medical innovation.

Simon also touches on the evolution of NEST since its creation under the FDA's MDUFA commitment and provides real-world examples of how RWE has led to FDA clearances, including collaborations with industry giants like Johnson & Johnson and Intuitive Surgical.

Key Timestamps:

  • [00:02:05] – Introduction to Simon Mason and NEST's mission.
  • [00:06:30] – The importance of real-world evidence in medical device submissions.
  • [00:10:50] – NEST's relationship with FDA and industry stakeholders.
  • [00:18:25] – Real-world examples: How RWE led to device clearances.
  • [00:25:10] – Challenges in using real-world data for submissions.
  • [00:32:45] – NEST's role in pediatric devices and the potential for off-label approvals.
  • [00:38:30] – The financial and time-saving benefits of using real-world evidence.
  • [00:50:00] – How companies can engage with NEST to accelerate device approvals.

Quotes:

  • Simon Mason: “Real-world evidence has the potential to accelerate device approval and save millions in clinical trial costs. It's all about leveraging existing data to support regulatory submissions.”
  • Etienne Nichols: "The opportunity to use off-label real-world data to expand indications opens a whole new world of innovation for MedTech companies."
  • Simon Mason: “Speed is everything in business and in patient care. RWE is all about moving faster while maintaining safety and effectiveness.”

Key Takeaways:

Latest MedTech Trends:

  1. Real-World Evidence (RWE) Revolution: RWE is transforming regulatory pathways by utilizing data already being collected in real-world settings, reducing the need for costly clinical trials.
  2. Off-Label Use for Approvals: NEST is helping companies harness off-label data, particularly in pediatric and robotic surgery, to expand product indications.
  3. FDA Collaboration: NEST serves as a bridge between the FDA and industry, simplifying the regulatory process for device companies.

Practical Tips for MedTech Innovators:

  1. Engage Early: Medical device companies should consider engaging with NEST early in their product lifecycle to identify potential RWE opportunities.
  2. Data Accessibility: Companies should explore existing registries or datasets that could support their submissions, saving time and resources.
  3. Clear Project Goals: When approaching NEST, companies should have a clear understanding of their product claims and the available data to support them.

Questions for Future Development:

  1. How will the widespread adoption of RWE change the landscape for early-stage MedTech startups?
  2. Can RWE become the default pathway for medical device approvals, replacing traditional clinical trials?
  3. What role will AI play in streamlining data collection and analysis for real-world evidence?

References:


MedTech 101:

What is Real-World Evidence (RWE)?

Real-world evidence refers to the clinical evidence regarding the usage and potential benefits or risks of a medical device, derived from analysis of real-world data (RWD) gathered outside of traditional clinical trials. RWE is often collected from registries, electronic health records, and off-label device use, and can significantly speed up regulatory processes by leveraging data already in existence.

NEST: The National Evaluation System for Health Technology, under MDIC, is a non-profit initiative funded by FDA and MedTech companies to enhance the use of RWE for medical device regulatory submissions.

Audience Poll:

What do you think is the biggest advantage of using real-world evidence for medical device approval?

  1. Faster time-to-market
  2. Lower costs
  3. More accurate data

Email your responses to podcast@greenlight.guru!

Discussion Question:

With real-world evidence becoming a critical part of regulatory pathways, how do you see the future of medical device approvals evolving? Will traditional clinical trials become obsolete?

Feedback Call-to-Action:

We’d love your feedback! Leave us a review on iTunes, or send your thoughts and suggestions to podcast@greenlight.guru. Your input helps us improve and bring more valuable content to the MedTech community.

Sponsor Segment:

Today's episode is brought to you by Greenlight Guru and Rook Quality Systems.

Greenlight Guru is the quality management (QMS) and electronic data capture (EDC) software designed specifically for medical device companies. From design controls to post-market surveillance, Greenlight Guru helps you stay compliant with FDA and ISO standards, ensuring your device reaches the market faster and safer. Visit greenlight.guru to learn how their QMS can help your MedTech innovation thrive.

Rook Quality Systems offers customized Quality-as-a-Service solutions for MedTech companies. Whether you need compliance support, process optimization, or help with regulatory submissions, RookQS tailors their services to meet your unique needs. Learn more about how they can elevate your quality management system by visiting rookqs.com.

Both Greenlight Guru and RookQS are committed to helping you bring life-changing medical devices to market efficiently and effectively.

Up next
Jul 7
#414: Why Global Certification is the Future of Clinical Research in Latin America
As global clinical trials become more competitive and data-driven, Latin America is stepping up with a new global standard in clinical trial quality. In this episode, Etienne Nichols speaks with Julio Martinez-Clark, CEO of BioAccess and a key advocate for clinical site certifica ... Show More
34m 49s
Jun 30
#413: Budgeting Blind Spots: What MedTech Startups Miss—and How Investors See It
In this episode of the Global Medical Device Podcast, Etienne Nichols sits down with seasoned MedTech founder and investor Jon Bergsteinsson to unpack a critical—but often overlooked—topic: budgeting in early-stage medical device startups. Drawing from his deep regulatory, clinic ... Show More
35m 24s
Jun 23
#412: How to Build a QMS That Actually Works: From Startup to Scale in MedTech
In this live episode from the LSI conference in California, Etienne Nichols is joined by Ashkon Rasooli to break down what it really takes to build a high-performing quality management system (QMS) in medtech—from startup chaos to post-market scale. Ashkon shares a phased approac ... Show More
16m 58s
Recommended Episodes
Nov 2024
Growing Diet Doctor to Over 500k Daily Website Hits w/Dr Andreas Eenfeldt
This interview explores innovation in health technology, focusing on the creation of user-friendly tools that simplify nutrition tracking and health monitoring for the average person. The speaker discusses the traditional complexity of tracking nutrition and calories, noting that ... Show More
24m 54s
Jul 2024
Digital Health Festival 2024: Medtech's Geoffrey Sayer on Transforming GP Software Systems
In this episode of The Good GP, hosts Dr Tim Koh and Dr Sean Stevens speak with Geoffrey Sayer, CEO of Medtech, at the Digital Health Festival 2024. Geoffrey introduces Medtech, an electronic health record system designed to service practices in Australia and New Zealand, providi ... Show More
13m 31s
Sep 2024
Software Development in the Evolving World of Medical Devices and Applications - with Urvashi Tyagi of ResMed
Today’s guest is Urvashi Tyagi, Advisor and Former CTO at ResMed. Urvashi joins us on today’s podcast with Emerj Senior Matthew DeMello to discuss the unique challenges healthcare leaders face in driving software development efficiencies for medical devices and customer-facing mo ... Show More
22m 53s
Feb 2025
AI Biohacking Breakthroughs: Transform Your Health with Gary Brecka's Top Strategies | EP #149
In this episode, Gary and Peter discuss the most important bio hacks people should know and cover a list of health tech gadgets they have at home and use daily to live longer.  Recorded on Jan 23rd, 2024Views are my own thoughts; not Financial, Medical, or Legal Advice. Gary Brec ... Show More
1h 37m
Jul 2024
The Change Management Prescription: Vital Strategies for Healthcare Transformation
In this episode, Dr. Fatih Mehmet Gül interviews Vivek Shukla, a renowned healthcare leader, about the critical role of change management in healthcare. They discuss the keys to successful change management, the leadership principles that foster excellence in healthcare, and the ... Show More
33m 42s
Sep 2024
Growing as a CPO as your product grows from 0 to $10B valuation | Tomer London, Co-founder and Chief Product Officer at Gusto | E235
In this episode, of The Product Podcast, we chat with Tomer London,Co-founder and Chief Product Officer of Gusto, the leading HR platform for small and medium-sized businesses in the US. Tomer shares his journey from coding his first inventory management system for his dad’s clot ... Show More
45m 50s
May 1
Building Readiness for AI Agents in Healthcare Systems - with Raheel Retiwalla of Productive Edge
Today’s guest is Raheel Retiwalla, Chief Strategy Officer at Productive Edge — a digital transformation consultancy focused on healthcare. Productive Edge works with payers, providers, and health tech firms to leverage AI, data, and modern platforms to streamline operations, cut ... Show More
33m 22s
Jun 2024
Unlocking Growth: How Digital Innovation is Transforming Commercial Manufacturing
In this episode of "Driving Digital in Biopharma," host Tom Lehmann welcomes Morrey Atkinson, the Chief Technology and Operations Officer at Vertex Pharmaceuticals. With a rich background in process development and manufacturing within the pharmaceutical industry, Morrey shares h ... Show More
33m 42s
Nov 2024
Episode 197: Aligning Product Development with Business Objectives in Healthcare with BJ Boyle
This time on the Product Thinking Podcast, Melissa Perri is joined by BJ Boyle, Chief Product Officer at PointClickCare, to discuss the critical intersection of healthcare technology and product management. With over two decades of experience in the health tech space, BJ shares i ... Show More
42m 15s
Oct 2024
Mastering Product-led Growth (PLG) & Sales-led Growth (SLG) for Enterprise | Calendly Chief Product Officer, Stephen Hsu | E241
In this episode, Stephen Hsu, Chief Product Officer at Calendly, shares his insights on navigating the AI landscape and transforming Calendly into a comprehensive meeting lifecycle platform. He discusses the challenges of evolving from a simple scheduling tool to a robust solutio ... Show More
42m 21s