A Medical Device Regulatory Vigilance Example
Deterministic Sensitivity Analyses
Regulatory bodies have the responsibility of managing the long and winding pathway to the approval (or disapproval) of a medical device. Devices that prove most invasive must pass through a rigourous process to ensure the benefits to health of a particular population outweigh the risks -- an analytic process that must be consistent as it is transparent. DPL's flexible modeling interface allows a regulatory analyst the ability to make informed decisions based on minimizing negative medical outcomes -- just easily as the financial analyst seeking to make decisions that maximize profits.