The medical device industry in the US is in turmoil, as approval times for new products have lengthened and fewer products are being approved. As a result, innovation is suffering.
Industry participants believe that the European approval process is far superior. A recent survey by Stanford University found that, on average, the time taken from first communication to approval for lower risk products was 31months in the US and seven months in Europe.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team