RE: Strong buy for next two weeks31 Jul 2020 21:51
"I stand corrected on MDR their submission means we could get in on MDD. Stull a bit of a sh##storm though as notified bodys adapting MDR process"
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BackInBlak, I don't really understand the difference between MDD versus MDR submission. The new regime is MDR and it takes effect from May 2021.
But presumably FUM will have to comply with the MDR regulations at some point, because they will be selling their product in the EU.
"Certainly, for the manufacturer who produces medical devices for the EU market today, and who wants to continue supplying those devices beyond May 2021, complying with the new EU MDR will require a lot of additional work."
I suppose the switchover from MDD to MDR could intruduce delays in the regulatory process at their end...and don't forget that the coronavirus pandemic could also introduce unexpected delays. So EMA regulatory approval could take longer than some people anticipate.