EU MDR One Year Out: Reg Demands Forcing European Business Closures

21 May 2019

The impact of high regulatory demands on the innovation potential of medtech companies in Europe was a sub-theme of last week’s MedTech Forum in Paris. But it’s not a theoretical risk, for coinciding with the Forum was a decision by Swiss company Jossi Holding to close its orthopedics subsidiary.

Ten years after being spun out from Swiss medtech custom precision instrument maker Jossi AG, the sister company set up to exploit the orthopedics market, Jossi Orthopaedics AG, will be closed this year. The decision was announced last week, following a review by the holding company, Jossi Holding AG.

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