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transformative health technology

Defined in 1 place of the United States Code.

In this section, the term "transformative health technology" means a novel, broadly applicable capability or technology—

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In this section, the term “transformative health technology” means a novel, broadly applicable capability or technology—

(1) that has potential to revolutionize the detection, diagnosis, mitigation, prevention, cure, or treatment of a disease or health condition that can cause severe health outcomes and which is an area of currently unmet need; and

(2) for which—

(A) significant scientific or technical challenges exist; or

(B) incentives in the commercial market are unlikely to result in the adequate or timely development of such capability or technology.

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