Med-Tech Innovation February 3, 2023
A new study has found that UK healthtech SMEs are increasingly turning to the US as they are struggling to navigate the post-Brexit regulatory process here – but that does not have to be the case, a leading specialist insists.
According to a new report from CPI, up to 24% of UK-based healthtech SMEs are now looking to launch their innovations Stateside and feel there is a lack of support and communication when they attempt to do so in the UK.
A total of 70% of SMEs responded that they had found recent changes in medical device regulations a challenge, particularly in the post-Brexit period and with the UKCA transition still not finalised.
The study – which questioned...