Medical Device and Diagnostic (MD&D) manufacturers have an opportunity to transform their relationship with the U.S. Food and Drug Administration (FDA), and in the process to improve their manufacturing performance and bottom line. The keys to this transformation? A new paradigm at the FDA, and the digitalization needed to make this paradigm work successfully.
For both the FDA and the MD&D industry, the core value driving collaborative efforts is an improved patient experience. This means that both the manufacturer and the regulator want innovations to reach patients and improve their quality of life as quickly as possible. Of course, no one wants a reduced time to market or higher level of productivity to be achieved at the expense of product quality; in fact, improved product quality is in the interest of patients, regulators and manufacturers alike. So what can be done to simultaneously improve time to market and product quality?