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Cracking the Code of Global MedTech Expansion: How Pure Global Navigates Complex Markets Like China

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Manage episode 522430427 series 3684506
Content provided by Ran Chen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ran Chen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
In this episode of MedTech Global Insights, we explore the number one hurdle for ambitious medical device and IVD companies: navigating the fragmented and complex world of international regulations. We unpack why the traditional, country-by-country approach to market entry is inefficient and costly in today's fast-paced environment. We then break down a modern, integrated strategy for global expansion. This involves leveraging a core technical dossier across multiple markets simultaneously, powered by AI and supported by local regulatory experts on the ground. This holistic model not only accelerates time-to-market but also ensures long-term compliance through proactive post-market surveillance. Consider this scenario: A US-based startup has a revolutionary AI-powered diagnostic software. They want to launch in the EU, Japan, and Brazil. Each market has vastly different requirements for software as a medical device (SaMD), data privacy, and clinical evidence. How can they possibly manage three distinct, high-stakes regulatory submissions without tripling their budget and delaying their launch by years? This episode provides the answer. Key Questions Answered: - Why is the "one-country-at-a-time" expansion strategy failing MedTech innovators? - What is the "Single Process, Multiple Markets" model and how can it cut your time-to-market? - How can AI be used to manage complex technical dossiers for submissions in different countries? - What are the hidden risks of post-market surveillance when you operate in over a dozen countries? - Why is having a local, in-country representative a non-negotiable for markets like Brazil or Saudi Arabia? - How can you leverage your existing US or EU approval to fast-track entry into other markets? - What common mistakes do startups make when selecting their first international markets for expansion? Contact us for more information at [email protected] or visit https://pureglobal.com/.
  continue reading

121 episodes

Artwork
iconShare
 
Manage episode 522430427 series 3684506
Content provided by Ran Chen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ran Chen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
In this episode of MedTech Global Insights, we explore the number one hurdle for ambitious medical device and IVD companies: navigating the fragmented and complex world of international regulations. We unpack why the traditional, country-by-country approach to market entry is inefficient and costly in today's fast-paced environment. We then break down a modern, integrated strategy for global expansion. This involves leveraging a core technical dossier across multiple markets simultaneously, powered by AI and supported by local regulatory experts on the ground. This holistic model not only accelerates time-to-market but also ensures long-term compliance through proactive post-market surveillance. Consider this scenario: A US-based startup has a revolutionary AI-powered diagnostic software. They want to launch in the EU, Japan, and Brazil. Each market has vastly different requirements for software as a medical device (SaMD), data privacy, and clinical evidence. How can they possibly manage three distinct, high-stakes regulatory submissions without tripling their budget and delaying their launch by years? This episode provides the answer. Key Questions Answered: - Why is the "one-country-at-a-time" expansion strategy failing MedTech innovators? - What is the "Single Process, Multiple Markets" model and how can it cut your time-to-market? - How can AI be used to manage complex technical dossiers for submissions in different countries? - What are the hidden risks of post-market surveillance when you operate in over a dozen countries? - Why is having a local, in-country representative a non-negotiable for markets like Brazil or Saudi Arabia? - How can you leverage your existing US or EU approval to fast-track entry into other markets? - What common mistakes do startups make when selecting their first international markets for expansion? Contact us for more information at [email protected] or visit https://pureglobal.com/.
  continue reading

121 episodes

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