The Food and Drug Administration (FDA), as well as the medical device community, are hoping that device failure will be reduced dramatically which may translate to lower product recall. This optimism is grounded on the successful performance of the Medical Device Innovation Consortium (MDIC).
With the establishment of the MDIC, the FDA is hoping that bureaucratic red tape in getting a medical device approval in the United States will be eliminated. This consortium will act as a public-private partnership that will support the medical device community by assisting various organizations in gaining access to resources from government, private, and academic sectors.
They are confident that with this collaboration, research and development of new devices will result to quality products. Furthermore, it is hoped that testing will be more rigid and exhaustive in order to ensure that products are truly safe and effective.
A very positive sign is the active cooperation shown by industry players. In just a few months, the consortium has already raised half a million dollars for their development projects.
Read More: FDA to Collaborate With Medical Devices Industry to Speed Up Development of New Technology
With the establishment of the MDIC, the FDA is hoping that bureaucratic red tape in getting a medical device approval in the United States will be eliminated. This consortium will act as a public-private partnership that will support the medical device community by assisting various organizations in gaining access to resources from government, private, and academic sectors.
They are confident that with this collaboration, research and development of new devices will result to quality products. Furthermore, it is hoped that testing will be more rigid and exhaustive in order to ensure that products are truly safe and effective.
A very positive sign is the active cooperation shown by industry players. In just a few months, the consortium has already raised half a million dollars for their development projects.
Read More: FDA to Collaborate With Medical Devices Industry to Speed Up Development of New Technology
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