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>Calling yourself a "diagnostics" company is a good way to get ignored by VCs. [...] So you have high development cost and low profit potential What can regula

• aaavl2821 8y ago
  The regulation for many diagnostics is actually fairly light. There's a class of diagnostics called "lab developed tests" that essentially aren't regulated by FDA The development cost is high because you need good data to convince doctors that tests work, and also to convince payers. Payers have proven to be the real gatekeepers for many diagnostics rather than FDA