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EU MDR One Year Out: Reg Demands Forcing European Business Closures

 
• By Ashley Yeo

The impact of high regulatory demands on the innovation potential of medtech companies in Europe was a sub-theme of last week’s MedTech Forum in Paris. But it’s not a theoretical risk, for coinciding with the Forum was a decision by Swiss company Jossi Holding to close its orthopedics subsidiary.   

Quitting

Ten years after being spun out from Swiss medtech custom precision instrument maker Jossi AG, the sister company set up to exploit the orthopedics market, Jossi Orthopaedics AG, will be closed this year. The decision was announced last week, following a review by the holding company, Jossi Holding AG.

The news from Islikon-based Jossi coincided with the annual conference of MedTech Europe, the MedTech Forum (MTF, May 15-16), in Paris, where several companies were again warning of the damage...

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