healthcare.digital April 27, 2024
Lloyd Price

Exec Summary:

Lloyd Price, HealthTech M&A Advisor and Partner at Nelson Advisors tells Healthcare Business International he believes new Cyber Security regulations will provide a clear mandate to medtech manufacturers and suppliers to focus on meeting requirements.

However, he cautions that regulation won’t turn the tide on its own: “I think other factors such as SBOMs (software bill of materials), the increasing decentralisation of health care delivery via virtual wards, remote monitoring, and patient engagement overall will also play important roles.

“SBOMs are a list of all the software components that make up a software product. They can be used to improve the security, quality, and efficiency of software development and maintenance. Every day, thousands more connected devices and medical...

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