New Product Approvals…..Why does all the good stuff go to Europe First? – Part III

So far we have indicated that it is easier for medical device manufacturers to obtain approval to sell their products in Europe first, then, apply to the US Food and Drug Administration (FDA) for clearance or approval in the United States.  This blog addresses why that is so. Although none of the approval processes are…

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New Product Approvals…..Why does all the good stuff go to Europe First? – Part II

Merz (2010) indicates that with nearly 1 million physicians and 6,000 hospitals treating 310 million consumers, the US healthcare market is the largest in the world, making up 43% of world market for medical devices and pharmaceuticals. This, coupled with the fact that the United States spends more of its GDP on healthcare than any other…

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