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Localism & Local Languages Make For Better Medtech Business In Russia And EAEU

 
• By Ashley Yeo

The probability of a postponed entry-in-force of the single Eurasian Economic Union system of medtech regulation has increased over the course of this year, according to speakers at the 2018 Informa KNect 365 Medtech Summit. But the drive for stronger local medtech industries continues, leaving foreign manufacturers with market-access problems to address.

Maria Bogorad, of Johnson & Johnson Russia, came straight to the point. The end of the Eurasian Economic Union (EAEU) transition period remains officially December 31, 2021, but "it is not very realistic and we hope for an extension period," she said.

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