Why do regulatory compliance experts need to be involved in the due diligence process when considering an acquisition of a medical device firm?

In my experience, I have seen significant liabilities inherited during company acquisitions due to unplanned regulatory compliance issues. Regulations are constantly changing. In Europe, the burden and cost of compliance has risen considerably over the years. Just because a product has been cleared, approved or certified, with a long history on the market is not an adequate rationale that no liability risk exists, or additional effort is required to maintain keeping these products on the market.

 

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