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medtech europe calls for urgent reforms to enhance eu health competitiveness
MedTech Europe has urged the EU to implement urgent reforms to enhance the health sector and maintain global competitiveness, emphasizing the need for streamlined regulations to support timely innovation. The organization advocates for value-based procurement practices that align with environmental goals and improve patient outcomes, highlighting the importance of accurate data in demonstrating the effectiveness of medical technologies. As the sector prepares for upcoming EU procurement regulation reviews, proactive engagement with policymakers is essential to drive momentum for these initiatives.
new strategy highlights life sciences potential for economic growth and innovation
The UK government has unveiled the Modern Industrial Strategy, "Invest 2035," emphasizing the life sciences sector's potential to drive economic growth and enhance health outcomes. With over 6,800 businesses generating £100 billion in turnover, the sector is poised for innovation through new discoveries, AI, and personalized healthcare. Industry feedback is invited to refine the strategy ahead of its full launch in Spring 2025.
UK government unveils roadmap for circular economy in medical technology
The UK Government has unveiled a roadmap aimed at transitioning the MedTech sector from a linear to a circular economy by 2045, focusing on reusing, remanufacturing, and recycling medical products. Supported by devolved governments, the strategy outlines 30 actions to enhance growth, improve NHS resilience, reduce waste, and generate cost savings. Baroness Merron emphasizes the urgent need to address the high volume of single-use products, advocating for a fundamental shift in procurement and recycling practices within the NHS.
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