As someone who is trying to finish his Master's thesis relating to prostate cancer, claims like this make me cringe. It's like paying a marketing group to conduct a survey for you. Of course the results will be positive.
I didn't read the whole article since it's pretty long, but I bookmarked it for later. But this guy managed to burn through $42 million dollars and still hasn't achieved wide adoption?
If this was really about getting his superior technology to market, he would attempt to strike a licensing deal with these companies instead of trying to supplant them.
Fact is, many people in medical device and healthcare industry claim to be conducting research and ground-breaking work in the name of making people's lives better. But in reality, they're looking to get rich off of it. I respect that, but at a certain point, you need to decide what's more important: your personal profits, or the lives of the people you claim to be dying from this issue.
The guy who invented/discovered/extracted insulin didn't patent it/the process, even though he could've made tons of money. Again, if you want to make money, I respect that. But in that case, don't go whining about lives being lost.
I wish this guy luck, because it sounds like he has something new and novel. He just needs to realize that he has to pivot, not persevere.