Manufacturing Outsourcing in the Medical Device Industry: An Overview of the Process and Key Legal Issues, Morgan Lewis on Life Sciences
October/November 2005
Newsletter
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published on:
October/November 2005 -
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In today’s increasingly competitive global economy, medical device companies are continually seeking ways to drive down production costs while at the same time improve quality and accelerate time-to market. Outsourcing the manufacturing and assembly of medical devices or components thereof to a third party – whether onshore or offshore – may serve as an efficient and cost-effective way to achieve these goals. While outsourcing is by no means a new concept for the medical device industry, its scope, and the types of outsourcing being used, have increased in the last couple of years.
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