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Aligning Global Regulatory Strategy to
Decrease Approval Time in Emerging Markets
Seth J. Goldenberg, Ph.D.
Senior Principal Scientist
NAMSA
2
Outline
 Evaluation of Emerging Market Opportunities
 Overview of Regulatory Approval Pathways in Emerging
Markets
 Significance of Incorporating Emerging Markets into “Get-
to-Market” Strategy at an Early Stage
 Challenges in Maintaining Global Regulatory Compliance
3
“Emerging” Medical Device
Markets
4
Understanding market opportunities is the
first step to planning global strategy
5
What is an Emerging Market?
6
 Countries experiencing rapid growth and industrialization
 Emerging Market Global Players (EMGP) project from
Columbia University focuses on the following economies it
considers “emerging”
» Argentina
» Brazil
» Chile
» China
» Hungary
» India
» Israel
» Korea
» Mexico
» Poland
» Russia
» Slovenia
» Taiwan
» Turkey
7
In depth analysis of market opportunities
in specific sectors is crucial
 Over estimation of market size can lead to not reaching sales
goals or lead to imperfect business and legal decisions
downstream
8
Regulatory Approval Pathways
in Emerging Markets
9
Be aware of regulatory requirements and
timelines to help plan your global launch
10
Significance of Incorporating
Emerging Markets into “Get-to-
Market” Strategy at an Early Stage
11
Tailor global strategies to quickly gain
market access in emerging markets
12
 To view the full series about Aligning
Global Regulatory Strategy to Decrease
Approval Time in Emerging Markets
 Visit NAMSA Seminars
 For information about the regulatory
services NAMSA offers
 Check out our service page on
Regulatory and Consulting
 If you have any questions or would like to
request a quote
 Contact us at clientcare@namsa.com.

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Aligning Global Regulatory Strategy to Decrease Approval Time in Emerging Markets

  • 1. Aligning Global Regulatory Strategy to Decrease Approval Time in Emerging Markets Seth J. Goldenberg, Ph.D. Senior Principal Scientist NAMSA
  • 2. 2 Outline  Evaluation of Emerging Market Opportunities  Overview of Regulatory Approval Pathways in Emerging Markets  Significance of Incorporating Emerging Markets into “Get- to-Market” Strategy at an Early Stage  Challenges in Maintaining Global Regulatory Compliance
  • 4. 4 Understanding market opportunities is the first step to planning global strategy
  • 5. 5 What is an Emerging Market?
  • 6. 6  Countries experiencing rapid growth and industrialization  Emerging Market Global Players (EMGP) project from Columbia University focuses on the following economies it considers “emerging” » Argentina » Brazil » Chile » China » Hungary » India » Israel » Korea » Mexico » Poland » Russia » Slovenia » Taiwan » Turkey
  • 7. 7 In depth analysis of market opportunities in specific sectors is crucial  Over estimation of market size can lead to not reaching sales goals or lead to imperfect business and legal decisions downstream
  • 9. 9 Be aware of regulatory requirements and timelines to help plan your global launch
  • 10. 10 Significance of Incorporating Emerging Markets into “Get-to- Market” Strategy at an Early Stage
  • 11. 11 Tailor global strategies to quickly gain market access in emerging markets
  • 12. 12  To view the full series about Aligning Global Regulatory Strategy to Decrease Approval Time in Emerging Markets  Visit NAMSA Seminars  For information about the regulatory services NAMSA offers  Check out our service page on Regulatory and Consulting  If you have any questions or would like to request a quote  Contact us at clientcare@namsa.com.