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Michael thank you for coming and doing this for us.
So, for Medtronic, you’re here at the Mobile Health Summit.
Why is the mobile health relevant to human…?
Well, I think for a number of reasons and let’s take the first one.
I think the healthcare industry is changing.
It’s changing dramatically.
It’s changing across the world not just here in the United States.
A Medtronic is a major player in the healthcare industry.
We provide medical technology.
We provide these therapies for chronic disease
and I think the future is going to be around healthcare anywhere.
If you talk about healthcare anywhere by default that means mobility.
Many people talked today about healthcare at the home
and I think more importantly it is healthcare anywhere
and mobile devices are gonna play a significant role in that.
And Medtronics devices many of them are modern plantable.
So, by default they’ve got a lot of data in those devices,
which is needed by a physician. It’s needed by the patients.
So, if we can get that data how can provide it on mobile platforms,
which we do not do today,
that’s gonna be a significant value to both the patient and Medtronic.
So, you mentioned the notion of, you know, implant school devices
and looking at the opportunity to move to interfacing the mobile platform.
Coming to the summit, what were your expectations among that…?
Well, as a couple of things I think.
I think the first is to network and find what are the people are doing.
Find out what their thoughts are on this space, that’s one.
I think the second thing is to learn from what the panels are talking about.
If you look at the agenda with the subjects,
they really are all really relevant to Medtronic.
And to learn from main each of that,
I think that was the most important thing of the conference.
And I know it’s early it’s only been through
the morning that’s far but is there any key take away shed?
Any moments anything where you thought, aha now I know,
I need to take that action?
There hasn’t been really but I think what’s been really given us
a confidence is that we’re all in the same boat.
We’re all looking at the same areas.
We’re all looking at there’s five billion people
out there with mobile devices.
How do we get the data of them?
How do we get in a way that’s understandable to them?
How do we get in a way that can be used by multiple people?
I think our moment was that, you know,
we’re not gonna be able to go with one provider.
We’re gonna have to have this data going across in multiple devices.
There isn’t gonna be one Eve no apple as an example is prevalent in the market.
It’s gonna be needed across multiple types of devices
and a multiple types of networks.
I think I know that moment was basically that the third world countries,
the emerging markets as we call them,
those are going to move maybe faster than the developed markets
and I think the reason for that is if you take the developed markets,
they go to a huge legacy they have to deal with.
There is no legacy in these emerging markets.
That’s into the high moment for me.
And if there was one thing that you could change
in the ecosystem as you’ve started to understand it that you think
would really move this agenda forum, what might that be?
I think the regulatory environment.
The regulatory environment is hurting us all.
Many of the mobile companies are very nervous about getting into bed
so to speak with the healthcare and medical technology simply because
they don’t wanna have to fall at the regulatory rules that we have to do.
It would slow down their innovation.
So, I think regulatory compliance needs to change significantly
for us to move at a greater speed.