Under New EU Medical Device Regulations, Staying Competitive Requires a Proactive Response
Safety issues with certain breast and metal-on-metal hip and implants spurred the European Union on a journey, now more than seven years long, to revise current directives regulating medical devices and diagnostics.
The new regulations, which were published in draft form this June, introduce requirements that profoundly affect the business models of all medical device and diagnostics companies.
Among the most significant reforms are stricter rules for generating clinical evidence and mandates that many more devices be submitted for Notified Body approval. These requirements will force manufacturers to factor much more rigorous clinical trials into their development timelines and budgets. Change will be particularly extensive for manufacturers of in vitro diagnostics, such as oncology genetic tests; the share of these diagnostics that will require submission to a Notified Body will jump from currently about 20% to soon 80%. Furthermore, new requirements to conduct post-market surveillance assessments, apply unique device identifier codes to all devices, and submit quality management systems for review will also add to development timelines.
All devices currently sold in Europe must be recertified under the new regulations. Although manufacturers have several years to comply with the new requirements, achieving recertification may require generating new clinical evidence and appointing a Notified Body for an audit — all of which can take considerable time. Some efficiency can be achieved using clinical data from studies in the United States to accelerate Notified Body approval, provided those data meet requirements of the new regulations.
However, to stay financially sound and competitive, manufacturers must take more proactive action. We recommend a three-pillared approach to adapting product development strategies to the new requirements.
Firstly, adaptive trial designs should be employed to acquire higher quality clinical evidence more efficiently. Adaptive designs use pre-planned adaptations to a trial to correct initial assumptions that may prove to be inaccurate. This can, for example, mitigate the risk that enrolment is too large, which would unnecessarily lengthen a trial’s duration, or too small, which would lead to an unnecessary failure due to insufficient power. Other designs can preserve millions of dollars of capital by terminating a trial early if results exceed or fail efficacy thresholds.
Secondly, as reimbursement increasingly depends on demonstrating value both in terms of patient benefit and in comparison to competitors, manufacturers must begin to evaluate health economics in parallel with clinical studies. Capturing relevant economic endpoints early in development is vital to maximising a product’s potential and accelerating its time to market.
Thirdly, clinical investigators are increasingly burdened with more complicated procedures and frequent protocol amendments. These issues can delay recruitment and lead to protocol increase non-compliance, both of which slow time to market. Manufacturers can improve operational efficiency and protect trials from quality risks and delays by adopting a risk-based approach to monitoring and a methodology, such as human factors classification, to assess the true root causes of complex errors.
Adaptive design, health economics, and risk-based monitoring provide a platform of opportunity for manufacturers to respond to the increased demands of entering the European market. Proactive and strategic responses will differentiate the companies achieving growth under the new regulations.
For More Information:
Read more medical device posts on ICON Insights
Recommended strategies to stay competitive amid regulatory and value-based healthcare reforms (MD+DI)
In this section
-
Digital Disruption
-
Clinical strategies to optimise SaMD for treating mental health
-
Digital Disruption: Surveying the industry's evolving landscape
- AI and clinical trials
-
Clinical trial data anonymisation and data sharing
-
Clinical Trial Tokenisation
-
Closing the evidence gap: The value of digital health technologies in supporting drug reimbursement decisions
-
Digital disruption in biopharma
-
Disruptive Innovation
- Remote Patient Monitoring
-
Personalising Digital Health
- Real World Data
-
The triad of trust: Navigating real-world healthcare data integration
-
Clinical strategies to optimise SaMD for treating mental health
-
Patient Centricity
-
Agile Clinical Monitoring
-
Capturing the voice of the patient in clinical trials
-
Charting the Managed Access Program Landscape
-
Developing Nurse-Centric Medical Communications
- Diversity and inclusion in clinical trials
-
Exploring the patient perspective from different angles
-
Patient safety and pharmacovigilance
-
A guide to safety data migrations
-
Taking safety reporting to the next level with automation
-
Outsourced Pharmacovigilance Affiliate Solution
-
The evolution of the Pharmacovigilance System Master File: Benefits, challenges, and opportunities
-
Sponsor and CRO pharmacovigilance and safety alliances
-
Understanding the Periodic Benefit-Risk Evaluation Report
-
A guide to safety data migrations
-
Patient voice survey
-
Patient Voice Survey - Decentralised and Hybrid Trials
-
Reimagining Patient-Centricity with the Internet of Medical Things (IoMT)
-
Using longitudinal qualitative research to capture the patient voice
-
Agile Clinical Monitoring
-
Regulatory Intelligence
-
An innovative approach to rare disease clinical development
- EU Clinical Trials Regulation
-
Using innovative tools and lean writing processes to accelerate regulatory document writing
-
Current overview of data sharing within clinical trial transparency
-
Global Agency Meetings: A collaborative approach to drug development
-
Keeping the end in mind: key considerations for creating plain language summaries
-
Navigating orphan drug development from early phase to marketing authorisation
-
Procedural and regulatory know-how for China biotechs in the EU
-
RACE for Children Act
-
Early engagement and regulatory considerations for biotech
-
Regulatory Intelligence Newsletter
-
Requirements & strategy considerations within clinical trial transparency
-
Spotlight on regulatory reforms in China
-
Demystifying EU CTR, MDR and IVDR
-
Transfer of marketing authorisation
-
An innovative approach to rare disease clinical development
-
Therapeutics insights
- Endocrine and Metabolic Disorders
- Cardiovascular
- Cell and Gene Therapies
- Central Nervous System
-
Glycomics
- Infectious Diseases
- NASH
- Oncology
- Paediatrics
-
Respiratory
-
Rare and orphan diseases
-
Advanced therapies for rare diseases
-
Cross-border enrollment of rare disease patients
-
Crossing the finish line: Why effective participation support strategy is critical to trial efficiency and success in rare diseases
-
Diversity, equity and inclusion in rare disease clinical trials
-
Identify and mitigate risks to rare disease clinical programmes
-
Leveraging historical data for use in rare disease trials
-
Natural history studies to improve drug development in rare diseases
-
Patient Centricity in Orphan Drug Development
-
The key to remarkable rare disease registries
-
Therapeutic spotlight: Precision medicine considerations in rare diseases
-
Advanced therapies for rare diseases
-
Transforming Trials
-
Accelerating biotech innovation from discovery to commercialisation
-
Ensuring the validity of clinical outcomes assessment (COA) data: The value of rater training
-
Linguistic validation of Clinical Outcomes Assessments
-
Optimising biotech funding
- Adaptive clinical trials
-
Best practices to increase engagement with medical and scientific poster content
-
Decentralised clinical trials
-
Biopharma perspective: the promise of decentralised models and diversity in clinical trials
-
Decentralised and Hybrid clinical trials
-
Practical considerations in transitioning to hybrid or decentralised clinical trials
-
Navigating the regulatory labyrinth of technology in decentralised clinical trials
-
Biopharma perspective: the promise of decentralised models and diversity in clinical trials
-
eCOA implementation
- Blended solutions insights
-
Implications of COVID-19 on statistical design and analyses of clinical studies
-
Improving pharma R&D efficiency
-
Increasing Complexity and Declining ROI in Drug Development
-
Innovation in Clinical Trial Methodologies
- Partnership insights
-
Risk Based Quality Management
-
Transforming the R&D Model to Sustain Growth
-
Accelerating biotech innovation from discovery to commercialisation
-
Value Based Healthcare
-
Strategies for commercialising oncology treatments for young adults
-
US payers and PROs
-
Accelerated early clinical manufacturing
-
Cardiovascular Medical Devices
-
CMS Part D Price Negotiations: Is your drug on the list?
-
COVID-19 navigating global market access
-
Ensuring scientific rigor in external control arms
-
Evidence Synthesis: A solution to sparse evidence, heterogeneous studies, and disconnected networks
-
Global Outcomes Benchmarking
-
Health technology assessment
-
Perspectives from US payers
-
ICER’s impact on payer decision making
-
Making Sense of the Biosimilars Market
-
Medical communications in early phase product development
-
Navigating the Challenges and Opportunities of Value Based Healthcare
-
Payer Reliance on ICER and Perceptions on Value Based Pricing
-
Payers Perspectives on Digital Therapeutics
-
Precision Medicine
-
RWE Generation Cross Sectional Studies and Medical Chart Review
-
Survey results: How to engage healthcare decision-makers
-
The affordability hurdle for gene therapies
-
The Role of ICER as an HTA Organisation
-
Strategies for commercialising oncology treatments for young adults
-
Blog
-
Videos
-
Webinar Channel