Regulating Innovation: Addressing the Challenges of Canada's Health-Tech Sector.

Journal: Studies in health technology and informatics
PMID:

Abstract

The Canadian health-tech sector faces regulatory challenges amidst rapid innovations in artificial intelligence (AI), digital health, biotechnology, and medical devices. This paper explores the regulatory landscape based on stakeholder interviews and proposes a framework that balances patient safety with innovation. Key elements include open data access, long-term government funding, monitoring of anti-competitive behavior, and alignment with international standards.

Authors

  • Aby Mathews Maluvelil
    University of Toronto.
  • Karim Keshavjee
    Research Lab for Advanced System Modelling, Ryerson University, Toronto, ON, M5B 2K3, Canada.