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In the headlines: As Swiss Medtech loses its privileged access to the European market, EU Medical Devices Regulation comes into full application.
The EU’s new regulation on medical devices finally came into full application today, following a year’s delay due to the COVID-19 pandemic. According to the European Commission, the Medical Devices Regulation (MDR) seeks to ensure a high level of public health and patient safety taking into account scientific progress.
At the same time, the Swiss medical technology industry has lost its free access to the EU internal market with the entry into force of this new Regulation on Medical Devices. Switzerland has been downgraded to a third state.
So, does this mean that Switzerland will lose its attractiveness as a location for MedTech companies ?
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