Boston MedTech Advisors
Update
February 2010

Welcome to Boston MedTech Advisors

Through this newsletter we wish to share with you recent news from the FDA. Ongoing criticism of the 510(k) approval process has led the FDA to evaluate its decision making policies.

Please call us at 781.407.0900 if you have any questions about the information in this newsletter, or if you would like to discuss our services.

Workshop Announcement

Boston Med Tech Advisors is hosting the MassMEDIC MedTech IGNITE event on February 9, 2010, at the Boston University School of Management, Boston, MA. The keynote presentation will discuss "Current Outcome Challenges for New Medical Technologies", by Michael Imhoff MD PhD, Managing Director, Boston MedTech Advisors Europe.

Emerging medical technology companies are invited to contact MedTech IGNITE at info@massmedic.com for more information.

 

Regulatory Update

Upcoming Changes at FDA

FDA is undertaking an extensive review of its 510(k) approval process, one of six priority areas for the Center for Devices and Radiological Health (CDRH). The Institute of Medicine has been commissioned to examine the strengths and weaknesses of the FDA premarket notification program and issue recommendations for improving the system. Their final report will be issued in March 2011.

At the same time, CDRH has convened an internal working group to evaluate and improve the consistency of FDA decision making in the 510(k) process. A public meeting entitled "Strengthening the Center for Devices and Radiological Health's 510(k) Review Process" has been scheduled by FDA for February 18, 2010. Office of Device Evaluation (ODE) Director Dr. Donna Bea Tillman intends to better understand challenges related to the 510(k) process, particularly when determining whether a new device represents a new indication for use compared to predicate devices. She will be alerted to all 510(k) submissions with novel indications not seem previously in that device type, as part of the program review process. Later this year ODE also plans to update the guidance on when to submit a new 510(k) for changes to an existing device.

The FDA actions come on the heels of a January 2009 GAO report critical of the FDA premarket review process. Among its findings, the GAO noted an increasing number of class III devices receiving 510(k) clearance, as opposed to the more stringent PMA process. It recommended the FDA "expeditiously take steps to issue regulations for each class III device currently allowed to enter the market through the 510(k) process."

In response to mounting pressure from Congress and the public concerning the 510(k) approval of the ReGen Menaflex device, FDA recently conducted an internal review of its processes in this case. A preliminary report issued on September 2009 found multiple departures from FDA processes, procedures and practices. These findings indicate that a focused scientific reevaluation of the Menaflex decision is warranted. Among its other recommendations the report calls for an independent review of the 510(k) program.

Clearly this is a time of some uncertainty and a transition period at FDA. What had previously been thought of as standard procedure is no longer the case. Medical device companies will be well advised to carefully chart their regulatory route, closely interacting with the Agency in order to minimize uncertainty, and reduce the potential for expensive duplication of development efforts, especially pertaining to the conduct of clinical trials.

About Boston MedTech Advisors

Boston MedTech Advisors assists medical technology companies and healthcare providers to achieve their business goals by offering ethical, result-oriented, professional and cost effective advice and services.

  • Market analysis and business strategy
  • Business development
  • Regulatory affairs and clinical trials management
  • Reimbursement and contracting strategies
  • Financing support

Boston MedTech Advisors provides practical business services to:

  • Established and growing medical technology companies
  • Healthcare providers
  • Young organizations and entrepreneurs
  • Private and institutional investors

To learn more about our organization and services, please visit our web site at www.bmtadvisors. com or call us at 781.407.0900.

Boston MedTech Advisors News

 

MedTech IGNITE Workshop February 9, 2010

 

Featured Article

510(k) approval process under review

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