Regulatory Reliance: Thai Program With Singapore Provides Cost-Savings, Earlier Innovations
Thai example of reliance delivers medtech approvals in less than half the time than previously
The 25th IMDRF meeting in March 2024 agreed that regulatory reliance models save resources, encourage innovation, bring devices to the market faster and boost patient access. Singapore and Thailand have operated a model of mutual regulatory reliance for three years. Thailand also recently broached deeper collaboration with Brazil’s Anvisa.