MedTech Due Diligence
When considering investment in a MedTech company, having a regulatory specialist with expertise in Quality Assurance and Regulatory Affairs is crucial. ReguLogix Consulting offers the expertise needed to assess whether an investment in a company is wise, whether a medical device is worth pursuing, or if it's best to steer clear.
Due diligence analysis is an essential tool for mitigating risks associated with investing in medical device companies. This type of audit focuses on research compliance, regulatory, and Quality Management Systems risks. Today's medical device companies operate in highly regulated global environments, where meeting regulatory requirements often determines a company's viability and profitability, or exposes it to significant regulatory risks.
Without comprehensive due diligence:
- How do you assess the actual state of research compliance for your target company?
- Is ongoing research appropriately reviewed and accepted by relevant authorities?
- Are there any issues with study conduct or subjects?
- Is the collected data valid?
- Are there reports of adverse events?
- Will the study be completed on schedule?
- How clear is their regulatory strategy?
- What does their technical documentation look like?
- What is the status of device approvals, licenses, and certifications?
- Does the target company have effective Quality Management Systems?
- How have external and internal audits evaluated their products and processes?
- What is the status of subcontractors, suppliers, and related agreements?
- Have there been recalls, advisories, or complaints?
- What is the distribution status in global markets?
- Is regulatory approval likely in key foreign markets?
1. Checklist Development: Defining key areas of focus and cross-functional items.
2. Preliminary Evaluation: Gathering necessary documents and preparing for site visits.
3. Site Visits: Conducting due diligence at domestic and international sites.
4. Comprehensive Reporting: Delivering a detailed report with estimated remediation costs (if applicable).
5. Post-Report Consultation: Meeting with clients to discuss risks, potential action plans, and impacts on negotiations.
Our goal is to equip investors with critical insights to make informed decisions, ensuring regulatory compliance and reducing risks associated with MedTech investments. Partner with ReguLogix Consulting to safeguard your investment and maximise your returns.