GERMANY UP CLOSE: IVD Industry Says EU Regulatory Reform Must Be Proportionate And Relevant
This article was originally published in SRA
Germany's IVDs industry is the largest in Europe, with a local market valued at €2.2bn (reagents and equipment/systems) in 2014-15. It accounts for 20% of the wider European market, but the overwhelmingly SMEs-based industry is nervous about the changes that the proposed EU IVD Regulation will bring, clearly worried that an inappropriately heavy regulatory hand will damage the sector’s ability to innovate. Ashley Yeo reports.