Why Clinical Trials Are the Most Expensive Capital Outlay for Startups with Rob Bedford, CEO of Franklyn Health

Early planning prevents expensive corrections when startups address clinical strategy, regulatory pathways, and cybersecurity requirements from day one rather than improvising solutions before launch. FDA pre-submission meetings provide feedback that de-risks strategies before execution.Clinical trial design shapes feasibility for startups with limited budgets. Understanding target markets determines sample requirements since UnitedStates sales need United States samples while Korean sales need Korean data. Reverse engineering where you want to sell enables appropriate planning.Good Clinical Practice guidelines establish responsibility layers. Manufacturers remain accountable for outcomes even when delegating work to CROs or contractors. Understanding responsible versus accountable shapes partner selection.Practical for regulatory and clinical strategy.Episode Breakdown:00:01 Welcome03:45 CRO terminology07:20 Market research findings12:15 Startup needs16:40 Partnerships20:25 Operations24:10 Study types28:35 FDA strategy32:50 GCP guidelines36:15 Accountability39:40 Markets41:36 ThoughtsThe Med Device Cyber Podcast is brought to you by Blue Goat Cyber, cybersecurity experts providing essential security solutions for the medical device industry. Learn more by visiting https://bluegoatcyber.com.If you're interested in our services or partnering with us, schedule a Discovery Session: https://go.bluegoatcyber.com/meetings/blue-goat-cyber/discovery-sessionChristian Espinosa is the CEO and founder of Blue Goat Cyber. Trevor Slattery is the Chief Operating Officer at Blue Goat Cyber.Christian Espinosa on LinkedIn: https://www.linkedin.com/in/christianespinosa/Trevor Slattery on LinkedIn: https://www.linkedin.com/in/trevor-slattery-34852b1a9Blue Goat Cyber on LinkedIn: https://www.linkedin.com/company/blue-goat-cyber/Blue Goat Cyber on Instagram: https://www.instagram.com/bluegoatcyber/Blue Goat Cyber on Facebook: https://www.facebook.com/bluegoatcyber/Blue Goat Cyber on YouTube: https://www.youtube.com/@BlueGoatCyber/?sub_confirmation=1