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Giver 5 (1)

Mr. Tal Givoly

Entrepreneur
TechITProduct DevelopmentOpen Source Softwarestartupspublic speakingManagementStrategyEntrepreneurshipR&DTelecommunicationsTeam BuildingBusiness StrategySaaSProgram ManagementBloggingIntegrationAgile MethodologiesWirelessSystem ArchitectureInnovationStrategic PartnershipsProduct ManagementMobile DevicesMobile ApplicationsProduct MarketingSoftware DevelopmentCloud ComputingEnterprise SoftwareMobile TechnologySoftware Project ManagementSoftware EngineeringSoftware DesignPre-salesSecurityBig DataVoIPIT StrategyArchitectureDistributed SystemsIPEnterprise ArchitectureSolution ArchitectureProduct StrategyMediation

Entrepreneur

San Francisco Bay AreaComputer Software
Current
  • Co-Founder & CEO @ Medivizor
  • Advisor @ Eco-Fusion

Summary

CEO & Co-Founder of Medivizor (http://medivizor.com) - leading a revolution in how health information should be presented - by making it personal.

What's Medivizor?
When people cope with serious or chronic illness, someone often becomes what I call a "chronic web researcher" - looking for everything and anything that can help. However, despite endless amount of health information, finding the cutting-edge information that is current, trustworthy, and relevant to the specific situation is nearly impossible. Medivizor is trying to make the world better by personalizing health information and solving for this important and unmet need.

Before Medivizor also helped bring to life Labstyle Innovation's all-in-one blood glucose system - stylish and compact hardware/software combination.

More generally, Tal Givoly has over 25 years of technologies and software development experience, and has held management positions in R&D and Product Management at Amdocs, XACCT, Labstyle Innovations and other companies. As Amdocs’ Chief Scientist, Tal led all innovation activities across Amdocs (a public $3B company with over 20,000 employees), including a variety of innovation and incubation programs. Tal has over 25 patents to his credit, and is recognized for his passion for, and expertise in innovation by frequently being asked to speak at major industry events such as TeleManagement World, Mobile World Congress, CTIA and Billing & OSS World. He is also actively involved in industry consortiums including IETF, ATIS and TM Forum (where he also serves on the TM Forum Technical Committee and Advisory Council).

Specialties: Creating and realizing visions, innovation, creativity, invention, execution, facilitation, public speaking, predicting the future, blogging, software architecture, product management, software development, and HAVING FUN while doing it.

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EXAMPLE: In your experience, what are the top 3 PR agencies for early-stage mobile startups?
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EXAMPLE: As a photographer - can you provide some guidance on what type of camera equipment you would recommend for indoor stills?
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Advice given to support my cause

Amit Shafrir

Quiv: "Tal, you are a successful entrepreneur. My friend has a startup in the realm of healthcare. Can you provide and tips and guidance as to how to maneuver in the very regulated world of healthcare and is it even possible to provide a global solution "

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Tal Givoly

Answer: "Good question. A startup in healthcare, however, is not very well defined. It could be that this is a medical device, or it could be a diagnostic mechanism, decision support, healthcare IT, health records, health trackers, and many more. Each of these would behave differently from a regulatory perspective. In general, regulation can be considered both a negative, and a positive. Negative because of the effort required to be aware of and comply with the various regulations, but then, the effort to overcome these regulatory hurdles are also barriers to entry for others - some taller than others.

I believe it is possible to create a global solution - but that requires understanding the regulatory framework in place in the major different regions. The major regions to consider are the European Union and the United States. Many countries rely on these regulatory frameworks heavily and add little to them. But, one must still check for each country of entry. The safest bet is often to adhere to the most strict interpretation of both of these regulatory frameworks. However, a wise penetration strategy is to choose one (often Europe) and then pursue that market and passing regulatory hurdles, and then the other (e.g. US FDA). Alternatively, for health IT products, the reverse may make more sense given that US's HIPAA may be simpler to comply with than some EU privacy regulations.

So, as tips I'd suggest:
1. Discover, learn, and study, the regulatory requirements for your product/service in each of the geographies you are targeting in the next few years.
2. Consult with one or two regulatory experts to verify your interpretation of the regulatory implications and develop a regulatory strategy.
3. When attempting to implement the strategy, in most cases, you'd want to either bring in house some expertise and experience in addressing regulatory requirements, or partner with a trusted firm, that has good references, related to passing the same regulatory pathway that your strategy suggests you undertake.
4. Assume it takes longer than you anticipate, often much longer. I've seen products take years more than anticipated to pass regulatory hurdles. This has massive implications on company finances, as this time costs money in many ways, literally. Therefore, consider also alternatives and backup plans to possibly generate business and evidence in advance of full regulatory approval - or choose faster approaches to market."

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Amit Shafrir

Feedback "Great response. Thank you"

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