STAT

Opinion: As free innovation encounters health care regulation, think ‘soft laws’

The dizzying stream of free innovation headed our way requires a faster, defter, more predictable approach to regulation.
An example of free innovation in health care is the do-it-yourself artificial pancreas, made by connecting an insulin pump (above) with a continuous glucose monitor.

The concept of free innovation has entered the technology lexicon, particularly when it comes to health care. The term refers to innovations developed in creators’ personal time and unprotected by patent or copyright. Hundreds of examples are visible on platforms like Arduino and Hackaday.

Free innovation is a variation on the decentralized supply and demand found in traditional markets. As in some other unconventional markets, it’s driven by motives besides the immediate monetary rewards directly attributable to product distribution. (Some indirect monetary rewards,

You’re reading a preview, subscribe to read more.

More from STAT

STAT2 min read
STAT+: Pharmalittle: We’re Reading About Wegovy And Ozempic Sales, Rising Pharma Layoffs, And More
Sales of the blockbuster Wegovy obesity treatment more than doubled in the first quarter as Novo Nordisk races to make more of the drug to meet surging demand.
STAT2 min readCrime & Violence
STAT+: Pharmalittle: We’re Reading About A Medicare Price-negotiation Ruling, Pharma’s Slipping Reputation, And More
A U.S. judge dealt a blow to two drugmakers challenging the authority for Medicare to negotiate the prices of prescription drugs.
STAT2 min read
STAT+: Pharmalittle: We’re Reading About A Boy Dying In Pfizer Trial; AstraZeneca Yanking Covid Shot, And More
A young boy died in a clinical trial for an experimental Pfizer gene therapy for Duchenne muscular dystrophy, about a year after receiving the therapy.

Related Books & Audiobooks