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The Global IVD Maze: A Pure Global Deep Dive into Market Access Strategy, IVDR Hurdles, and Tech-Driven Solutions

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Manage episode 519227773 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.
This episode of MedTech Global Insights explores the immense opportunities and hidden complexities of taking an In-Vitro Diagnostic (IVD) device to the global market. We move beyond a single-country approval and dive into the strategic challenges of navigating a fragmented international regulatory landscape, where success depends on more than just innovative technology. We break down why a celebrated FDA approval in the US can be just the beginning of a long and costly journey. The episode covers the specific, demanding hurdles presented by regulations like the European Union's IVDR and the unique requirements of key Asian markets, revealing how a lack of a cohesive global strategy can lead to critical delays and budget overruns. For example, imagine a US-based IVD startup with a revolutionary AI-powered cancer diagnostic test. They've secured FDA approval, but their plan to enter Europe hits a wall. The EU's IVDR classifies their device as high-risk, demanding entirely new clinical evidence that will take two years and millions of dollars to generate. How does a company pivot from this potentially fatal setback to build a scalable, multi-market expansion plan without starting from scratch in every new country? Key Takeaways: - What are the most significant differences between the US FDA and the EU IVDR for a high-risk diagnostic device? - How can you leverage your existing technical dossier for multiple market submissions without creating dozens of different versions? - Why is selecting your second international market the most critical strategic decision you will make? - What is the role of a local in-country representative beyond simple regulatory compliance? - How can AI and data analytics dramatically reduce the time and cost of global IVD registrations? - When is clinical data from one country accepted in another, and when is it not? - How do you manage post-market surveillance and vigilance reporting across more than 30 countries with different languages and rules? To learn more, contact us at [email protected] or visit https://pureglobal.com/
  continue reading

90 episodes

Artwork
iconShare
 
Manage episode 519227773 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.
This episode of MedTech Global Insights explores the immense opportunities and hidden complexities of taking an In-Vitro Diagnostic (IVD) device to the global market. We move beyond a single-country approval and dive into the strategic challenges of navigating a fragmented international regulatory landscape, where success depends on more than just innovative technology. We break down why a celebrated FDA approval in the US can be just the beginning of a long and costly journey. The episode covers the specific, demanding hurdles presented by regulations like the European Union's IVDR and the unique requirements of key Asian markets, revealing how a lack of a cohesive global strategy can lead to critical delays and budget overruns. For example, imagine a US-based IVD startup with a revolutionary AI-powered cancer diagnostic test. They've secured FDA approval, but their plan to enter Europe hits a wall. The EU's IVDR classifies their device as high-risk, demanding entirely new clinical evidence that will take two years and millions of dollars to generate. How does a company pivot from this potentially fatal setback to build a scalable, multi-market expansion plan without starting from scratch in every new country? Key Takeaways: - What are the most significant differences between the US FDA and the EU IVDR for a high-risk diagnostic device? - How can you leverage your existing technical dossier for multiple market submissions without creating dozens of different versions? - Why is selecting your second international market the most critical strategic decision you will make? - What is the role of a local in-country representative beyond simple regulatory compliance? - How can AI and data analytics dramatically reduce the time and cost of global IVD registrations? - When is clinical data from one country accepted in another, and when is it not? - How do you manage post-market surveillance and vigilance reporting across more than 30 countries with different languages and rules? To learn more, contact us at [email protected] or visit https://pureglobal.com/
  continue reading

90 episodes

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