While the EU should preserve the regulations’ high bars of safety and performance, it should make costs more proportionate, and procedures more efficient and predictable. But we are not there yet. That is what Oliver Bisazza, CEO of MedTech Europe, told Medtech Insight in an interview held during the first day of the MedTech Forum in Vienna on 23 May.
The costs of compliance with the IVDR and MDR are not only higher than the FDA’s premarket approval procedure, which used to globally be the most expensive, but even more...