What's Happening?
Practical Quality and Regulatory, based in Cambridge, has announced a strategic alliance with the Johner Institute in New Zealand and Svante Medical in Australia, forming Elevate MedTech. This new entity
aims to address the growing complexity of medical devices and regulatory challenges by offering a comprehensive pathway from design to compliance and market access. Elevate MedTech combines decades of QA/RA experience with clinical insights to ensure customer-focused project guidance. The alliance provides services such as regulatory consulting, international supplier auditing, and commercialisation strategy, aiming to offer clients a streamlined and cost-effective compliance pathway.
Why It's Important?
The formation of Elevate MedTech is significant for the medical device industry, particularly in the U.S., as it addresses the increasing regulatory complexities faced by companies. By pooling resources and expertise from multiple regions, Elevate MedTech can offer more robust solutions to ensure compliance and market access. This development is likely to benefit startups and established companies by reducing the time and cost associated with navigating regulatory landscapes. The alliance's focus on customer-centric project guidance could lead to more efficient product development and commercialization, potentially accelerating innovation in the medical technology sector.
