Health Sciences 3040A/B Lecture Notes - Lecture 8: Insulin Pump, Market Impact, Paradigm Shift
29 Oct 2018
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High technology w/ a low impact on the market. But it costs and the supplies for the pump are about /day. Makes a huge difference for a small amount of the market. It usually comes out well ahead of the competition. You need a lot of technology progress and market impact. Innovative change that is most likely high technology and will have a significant impact on people and on the market. Discover of insulin prior to this, the only treatment was a starvation diet to slow down how fast people w/ diabetes were dying. It was about enabling the body to process the food. Come from the business and it world. Iron triangle of health care includes cost, quality, & time/access. It was finite, and if you were improving two, one was missing out. Now, the concept is that you can achieve all three and improve all of them without sacrificing one of them.
