EAEU Medtech Agreement Will Have Upsides, But Manufacturers Must Plan Well
It might seem that the Eurasian Economic Union (EAEU) agreement on medical device regulation is nothing but administrative issues and slow progress, but it should deliver benefits to all stakeholders after launch, currently slated for 2022. but manufacturers need to be mindful of the member states' strengths and weaknesses when selecting their reference member state.
[Editors' note: The second of two articles on progress towards the creation of the Eurasian Union's harmonized tools for medical device regulation, based on Informa's KNect 365 Life Sciences June 2017 Medtech Summit. Check out the first: "Eurasian Union For Medtech Gathers Pace But Barriers Hamper Timely Completion."]
The Eurasian Economic Union (EAEU) is an idea whose time has been coming for quite some time. The first, unsuccessful...