{"id":299,"date":"2024-06-07T18:21:01","date_gmt":"2024-06-07T22:21:01","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=299"},"modified":"2024-06-07T18:21:01","modified_gmt":"2024-06-07T22:21:01","slug":"innovate-now-says-medical-device-insider","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=299","title":{"rendered":"Innovate Now, Says Medical Device Insider"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-module=\"content\">\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">Now is the best time to improve your medical device packaging, says Abhishek Gautam, before you retest your products to ensure compliance with the European Union\u2019s Medical Device Regulation (EU MDR).<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">Gautam spoke on Tuesday, June 4, at the <\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" target=\"_blank\" href=\"https:\/\/www.imengineeringsouth.com\/en\/home.html\" rel=\"noopener\">IME South<\/a><\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"> event, which includes SouthPack, MD&amp;M South, and other co-located shows. He is the Executive Engineer with <\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" target=\"_blank\" href=\"https:\/\/www.ddltesting.com\/\" rel=\"noopener\">DDL Inc.<\/a><\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">, a leading medical device and materials testing laboratory and consulting company.<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">Gautam is a medical device insider, having worked within the industry for nearly 20 years. Prior to working at DDL, Gautam has held leadership positions at Teleflex, DePuy, Edwards Life Sciences, ConMed, and Medtronic.<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">During his \u201cEU MDR Extension \u2013 Creating $ Value-Add\u201d presentation, Gautam makes a solid case for taking advantage of the EU MDR extension to update the packaging of your medical devices \u2014 \u00a0when it makes business sense. You\u2019ll be able to improve user experience, lower costs, boost revenue, and streamline production.<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">But how do you know when it makes business sense?<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">\u201cMedical device manufacturers face challenges in prioritizing EU MDR compliance amidst their regular operations, especially for older products,\u201d Gautam says. \u201cThe extension of EU MDR deadlines offers relief, particularly for MDMs struggling to meet the new standards. Despite this, significant gaps persist, complicating prioritization and leading to costly decisions to retest legacy products. MDMs can leverage the extension to refine their strategies, enhance compliance efforts, and potentially differentiate their offerings, gaining a competitive edge and driving profitability.\u201d<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">In this this 45-minute presentation, Gautam gives an overview of the European Union\u2019s Medical Device Regulation (EU MDR) and its extension, explains the challenges faced by medical device manufacturers (MDMs), describes how to do a gap assessment, and offers the following advice:<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><span class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_italic\">Allocate resources strategically:<\/span><\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"> Prioritize resources effectively to balance compliance efforts with ongoing business operations.<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><span class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_italic\">Mitigate risk:<\/span><\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"> Implement robust risk management strategies to mitigate potential compliance failures and associated business risks.<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><span class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_italic\">Leverage the extension period:<\/span><\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"> Use the extended transition period to fully comply with EU MDR without compromising market presence or patient safety.<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><span class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_italic\">Plan proactively and adapt:<\/span><\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"> Continuously adapt to regulatory changes and maintain proactive planning to stay ahead in the compliance journey.<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">Gautam offers a step-by-step game plan (see images in the slideshow).<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">He recommends mapping out your products based on risk and revenue, high and low (see slide # in slideshow).<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">Once you know where a product falls, you can better decide to update the packaging or not. For example:<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">\u2022 Low revenue, low risk products may only need feasibility testing.<\/span><br \/><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">\u2022 High revenue, low risk products require minor changes to avoid risking revenue.<\/span><br \/><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">\u2022 Low revenue, high risk products might be discontinued or phased out.<\/span><br \/><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">\u2022 High revenue, high risk products need careful retesting with minor changes to ensure they meet compliance and minimize failure risk.<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">Companies have between 18 months to four years for the EU MDR transition. With most medical packaging projects able to be completed in nine to 18 months, there\u2019s a window here for proactive redesign and innovation. Using this time effectively can prevent product\/package failures, protect revenue and market share, and drive competitive advantage (see slide # in slideshow).<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">Listen to the presentation here:<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Embedded content\" src=\"https:\/\/player.captivate.fm\/episode\/161e7a24-68b1-4b9c-8332-a2b4285ebf0d\" height=\"nullpx\" width=\"100%\" data-testid=\"iframe\"><\/iframe><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><span class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_bold\">SEE SELECT SLIDES FROM THE PRESENTATION IN THE SLIDESHOW.<\/span><\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.packagingdigest.com\/medical-packaging\/innovate-now-says-medical-device-insider\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Now is the best time to improve your medical device packaging, says Abhishek Gautam, before you retest your products to ensure compliance with the European Union\u2019s Medical Device Regulation (EU MDR). Gautam spoke on Tuesday, June 4, at the IME South event, which includes SouthPack, MD&amp;M South, and other co-located shows. He is the Executive [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[165],"tags":[],"class_list":["post-299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-packaging-news"],"_links":{"self":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/posts\/299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=299"}],"version-history":[{"count":0,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/posts\/299\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/media\/300"}],"wp:attachment":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}