HomeCategory Medical Devices

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As part of trading within the European Economic Area, you will often see products such as toys, electrical equipment and medical devices carry the CE mark, or Conformité Européen mark, meaning European conformity. This CE mark exists to show that a manufacturer has met the applicable legal requirements for a certain product to be considered safe on the EU market. With the new Medical Device Regulation (MDR), manufacturers have to ensure that they comply with...

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Technology is a game-changer and has undoubtedly catapulted the efficiency and reliability of medical devices. The importance of medical processes and equipment to the life of a patient alongside the rapidly evolving technology raises the bar for medical device companies. However, it should not imply that you are locked out from starting a medical device company. Like any other business, getting the right matrix of factors and steps can help you start and run a...

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Just like with any business, cutting costs is an immediate way to be more competitive and increase profit margins. If you aren’t actively trying to save money from your operations then you are leaving a considerable amount of money on the table. Not only that, but you won’t be able to price aggressively against the competition, it will be harder to hire top recruits since you won’t be able to offer the proper salary and...

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Building a successful medical device company is easier said than done, but it is certainly doable! You just need to put in work into the new venture, but there are an array of other factors that will affect your path to success. We have compiled a few of the critical tips that will help you build a successful medical device company from scratch. Find ways to raise capital Capital is an essential component in the...

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