All of the issues that ECRI calls out on its list are preventable, so device manufacturers and healthcare providers should take serious note.
The deal creates the largest global sterilization and lab services operation.
The technology platform has already gone global and has the potential to be a true breakthrough in screening and detecting several types of cancer.
Dozens of factors contribute to the cost of developing a medical device and every project is different. The rigor required to meet standards in the medical industry plays a huge part, but based on my experience in medical device development, several other issues often influence a project’s bottom line.