Article | September 17, 2021

Medtech Are Outsourcing More Than Ever And Here's Why

Source: Flexan
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Medical device companies are outsourcing more than ever and it’s necessary that a CMO be very adept when it comes to new product development or product transfer. The question you might ask is: why? As experts in the medtech manufacturing field, we’ll take a look at the reasons original equipment manufacturers (OEMs) are making these decisions.

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Why are OEMs seeking CMOs more today than in the past?

OEMs are facing a continuous headwind of expectations to innovate faster, reduce their manufacturing footprint, grapple with ever increasing regulatory hurdles and reduce costs. Also, functional expertise is no longer internal for certain manufacturing processes. CMOs are investing in innovation to provide better solutions. CMOs help speed up projects by leveraging infrastructure and know-how. Finally, CMOs must fully understand comprehend the ever-changing quality and regulatory environment.

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