Overcoming the challenges of collaborating and investing in digital health · revolution. ... “...

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Overcoming the challenges of collaborating and investing in digital health Digital Day in Munich, 9 May 2019 Jocelyn Ormond

Transcript of Overcoming the challenges of collaborating and investing in digital health · revolution. ... “...

Page 1: Overcoming the challenges of collaborating and investing in digital health · revolution. ... “ For years, people have depended on somebody else to determine their health, and now

Overcoming the challenges of collaborating and investing in digital health

Digital Day in Munich, 9 May 2019

Jocelyn Ormond

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How smart collaborations will drive the healthcare revolution.

Digital health technologies have potential to transformpatient experience & disrupt healthcare provision

“ For years, people have depended on somebody else to

determine their health, and now these devices, in essence,

empower people to manage and track their own health and

fitness”

Tim Cook, CEO Apple “The catalyst for M&A during this cycle, which has been technological

disruption across industries, continues to be a very strong theme and

will be for years to come.” Ken Jacobs, CEO Lazard

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We set out to explore how today’s digital health technologies will shape the future of collaborations and investments in healthcare.

Senior executives, senior management and professionals across a number of countries and industries during October & November 2018.

One to one interviews with leaders, innovators and sector experts

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How smart collaborationswill fuel the healthcare revolution.

Page 5: Overcoming the challenges of collaborating and investing in digital health · revolution. ... “ For years, people have depended on somebody else to determine their health, and now

How smart collaborationswill fuel the healthcare revolution.

Page 6: Overcoming the challenges of collaborating and investing in digital health · revolution. ... “ For years, people have depended on somebody else to determine their health, and now

How smart collaborationswill fuel the healthcare revolution.

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How smart collaborationswill fuel the healthcare revolution.

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How smart collaborationswill fuel the healthcare revolution.

not safe

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How smart collaborationswill fuel the healthcare revolution.

Regulatory challenges

Medical devices regulation GDPR Compliance Product liability

▪ Qualification and classification

under the Medical Devices

Regulations?

▪ Speed of change

▪ Notified body assessments?

▪ Local healthcare provider

requirements?

▪ Is the data identifiable,

pseudonymised or truly

anonymised?

▪ What is the status of the

relevant parties?

▪ Map data flows to verify

compliance

▪ Multiple parties with potential

liability

▪ Would the product be covered by

the Product Liability Directive?

▪ How is risk contractually

apportioned between the parties?

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Jocelyn Ormond

Jocelyn is a partner at Simmons & Simmons working in the Corporate Group in the UK. He has extensive experience of working with clients on transactions in the healthcare and life sciences (including digital health) and TMT sectors. He advises on a wide range of corporate matters, specialising in mergers and acquisitions, joint ventures, shareholders agreements and corporate governance.

His experience also includes advising clients in the healthcare sector on key commercial agreements and the impact of regulatory requirements.

Jocelyn is co-leading the firm’s cross-border digital health group and is the founder of the firm’s Healthcare Hub network.

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How smart collaborationswill fuel the healthcare revolution.

Thank you!

Learn more on our dedicated hub.

Contact us: [email protected]