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Welcome back! In this episode, we sit down with Scott Chetham, CEO and co-founder of Faro Health, for an in-depth conversation about revolutionizing clinical trials with data-driven technology. Scott shares his unexpected journey from Australia’s Gold Coast to becoming a healthcare tech leader in San Diego, and how his upbringing, shaped by his parents’ perseverance and partnership, inspired his approach to entrepreneurship.

In this conversation, Scott digs into the complexities of clinical trial design and the inefficiencies plaguing the industry, especially the over-reliance on outdated tools like Microsoft Word. Discover how Faro Health is modernizing the way trials are designed and managed, harnessing AI and automation to reduce costs, accelerate timelines, and improve patient experiences. Scott offers candid insights into the real problems facing pharma companies and hospital systems today and provides a behind-the-scenes look at building an innovative SaaS business in such a highly regulated space.

Whether you’re curious about the future of drug development, the role of generative AI in healthcare, or what it really takes to build a company that is changing the status quo, this episode is packed with personal stories, expert opinions, and actionable takeaways. Plus, you’ll learn why Scott’s not likely to talk cricket—despite his Aussie roots.

Tune in for an episode that’s both thought-provoking and genuinely inspiring!

Timestamps:

00:00 "Legacy of Freedom and Surprise"

05:19 Trailblazing Career and Educational Impact

06:44 Cardiac Electrophysiology Journey

13:12 "Complexity's Role in Trial Failure"

14:09 Streamlining Vaccine Design with Data

20:07 Accelerating Genome Editing Processes

22:10 Trial Data Preventing Pediatric Failures

25:28 Innovative Trial Design Insights

28:16 Outdated Clinical Trials Persist

32:53 US vs Europe: Payment & Regulation

38:14 Streamlining Drug Development Timelines

41:02 Startup's Rapid Growth Journey

43:42 Nuances in Medical Writing Explained

45:59 Documentation Workflow Experience

50:14 Insights on Clinical Trials and Investing

The Uprising Show Website: https://theuprisingshow.com/

Vivek Nanda's LinkedIn: https://www.linkedin.com/in/viveknanda1/

Vivek Nanda's Twitter: https://x.com/vickks

TopHealth Media Website: https://tophealth.care/