Healthcare Magazine March 2015 | Page 83

CANADA medical devices available .
As growth in the medical device sector continues to shift towards emerging markets , and the need to be first to market becomes more important , the regulatory landscape becomes even more complex as companies must dedicate more and more resources to license submissions and maintenance in multiple countries , each with different regulatory frameworks and requirements .
Enter Arazy Group .
“ Our disruptive technology is the driving force behind a revolutionary suite of products changing global licensing and registration ,” stated Benjamin Arazy , President and CEO . “ Since late 2012 , we accelerated growth for our clients and made advanced medical devices available to patients and physicians around the globe faster than ever before .”
We recently spoke with Benjamin Arazy to further understand how his company Arazy Group is addressing the growing needs of the MedTech industry in the international market by developing and introducing innovative solutions .
A History of Going Global Arazy Group was originally established in Israel in 1995 as the first regulatory affairs consulting company in the country . Serving Israel ’ s medical device industry almost exclusively during the first few years of operation , opportunities for massive growth were soon created .
“ Starting in Israel gave us a great advantage ,” shared Arazy . “ Israel has become a major hub for medical device technology . Working with Israeli manufacturers allowed us to develop unique regulatory knowledge and experience through challenging projects with the new , advanced technology characteristic of the Israeli MedTech sector .”
Working outside of the traditional European Union and American markets also gave Arazy Group the insight they needed to recognize the potential of emerging markets and the role they would play in the future of the MedTech industry . Not only were they among the first to expand
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