FDA News from the US: FDA Policies Erode Minnesota MedTech Industry, Leaders Likely to Move Jobs, Invest Overseas, according to an industry study
Comprehensive American study commissioned by the Medtech Resource Alliance and Minnesota Medical Device Alliance, surveyed Minnesota-based CEOs and venture capitalists to gauge their overall impressions and willingness to invest in medical technology while in Minnesota.
- “We are the Silicon Valley of the device world having the largest concentration of medtech jobs in the world right here in Minnesota,” said Mark DuVal, a regulatory attorney who helps medtech companies navigate the path through FDA. “The need to insist on improvement at FDA is vitally critical and is recognized in a bipartisan way by our Minnesota congressional delegation.”
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