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FDA update – May 16, 2011Study: FDA slows new medical devicesIn a recent article from the Minneapolis Star Tribute, it was reported that getting a medical device cleared to market via the 510(k) is completely unpredictable and is a major source of concern to the industry. This has made Europe Preferred for Product Approval. Two-thirds of small medical device and diagnostic companies (the drivers of innovation) in the sector are obtaining clearance for new products in Europe first, suggesting delayed market entry in the U.S.according to a comprehensive industry-wide survey about FDA's 510(k) product review process by researchers at Northwestern University. Large and small companies reported that unclear guidelines, inconsistent implementation, and lead reviewer turnover are contributing to increasing unpredictability of the process. Only 8% of survey respondents believe FDA's 510(k) product review process is the most predictable regulatory system, as compared with roughly two-thirds of respondents who stated that Europe's CE marking process is the most predictable. U.S. regulatory system has been widely credited with ensuring high standards of patient safety and device effectiveness, while also facilitating innovation but increasing uncertainty about the implementation of the 510(k) process (partly attributable to increases in device complexity) is posing challenges for FDA and industry that may lead the United States to experience a "brain drain" in the medtech sector. Through an online survey of more than 350 professionals engaged in medical device development, they found out the following results:
The last time this happened to this extent was in the early 1990s. Things have not got as bad as it was then but with all the new FDA personnel, the 510(k) paradigm the is trying to implement, it is causing havoc in the industry. As the FDA makes it harder and harder for new and improved medical devices get to market, the continues to allow older and outdated technology stay in the field. There has to be something done to corrected this situation. Any questions on this survey please email us at info@mdiconsultants.com and Ref: Survey US regulatory . |
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