Staying the course in Asia - the outlook for the device industry is brighter than it appears
This article was originally published in Clinica
The emerging markets of Asia were once heralded for their great sales potential for manufacturers of medical devices. The Asian financial crisis has since rocked world markets and taken its toll on medical device exports to the region with the result that some companies are redirecting resources away from Asia. This strategy is misguided, believes Lauren Saadat.
You may also be interested in...
Aker BioMarine seeks supplement firms to use its EPA/DHA innovation bound by lysophosphatidylcholine to enable the fatty acids to pass through the blood-brain and blood-retinal barriers and boost of eye and brain health benefits. It will submit an NDI notificaion in the US during 2022.
The Environmental Working Group and Scientific Analytical Institute say inadequate testing of talc-containing personal-care products is to blame for findings of asbestos in cosmetics, including three of 21 powder-based cosmetics SAI analyzed at EWG’s request. They continue to push for updated testing standards that include electron microscopy as a core component.
Commissioner Hahn’s tweet announcing a return to inspections, while not a new policy, may be signal that FDA understands sponsor concerns with the agency’s limited ability to conduct onsite inspections. Effort may be aimed at reassuring industry even as CRLs related to manufacturing increase.