Regulation: threat or opportunity?

There are those in the medical device manufacturing industry who consider the new regulatory system in Europe to be a burden that will reduce profitability. In this article, the author makes a case for the benefits that can be gained by implementing the new procedures, particularly for the many small companies that make up the European medical device industry. By using implementation of the new system as an opportunity to take a fresh look at product development and manufacturing processes, profitability can be increased.