The Medical devices sector is currently one of the fastest growing areas  within life sciences, experiencing growth of around 11% between 2010  and 2011. However, development in this sector is broadly influenced by  the strict regulation, which is continually evolving . Recently updated  regulations such as ISO : 14 155 : 2011 have influenced the industry in  many ways, and created new challenges for Medical Device and even Pharma  companies with combination products. Their proper understanding and  implementation, within the industry's regulatory and clinical  departments is vitally important to building future competitive  advantage. 
To face the challenges of this environment, companies have to be  familiar not only with local regulations, but also with those of the  EU, the US, and those present in the vast expanse of the global  marketplace. Acknowledgment of this complexity has a huge influence  their business. Harmonized regulation between the major markets of the  EU, US and Japan are not yet in place, however intense discussion has  been ongoing. Get perspective, an update on the US FDA's 510 (k), a  regulation that deals with "fast track" submission of medical devices,  and could effect not only US devices but can impact European ones as  well.  
To Respect national law, international regulations and standards  are just a pillar of the success. Innovation, and deep knowledge of the  markets and investments that lead to a company's success. Emerging  markets in China and Latin America attract investments, but how about  pitfalls and responsibilities? How can we transfer our best practice  abroad, for safety, innovation, and productivity? 
These and many other related topics will be discussed and brainstormed at 2nd Annual Clinical Trials for Medical Devices with leading industry representatives such as: 
- Founder, Medical Device Strategies, WMDO  
- Director Clinical Affairs Europe, ev3 (Covidien) 
- Director Clinical Affairs, GE Healthcare 
- Senior Medical Director, Boston Scientific  
- President and Founder, Applied Research Consortium of Asia Ltd.  
who will share their best practices, offer their expertise on  recent developments in regulation, and discuss other practical issues  during the interactive debates. 
Source: 
Fleming Europe 
 
 
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