How Brexit will impact manufacturers and importers of medical devices and In Vitro Diagnostics
With the United Kingdom poised to withdraw from the EU, conversations are underway about what future trade and regulatory relations between the EU and the UK will look like. While many anticipate that at a mutually beneficial withdrawal deal will emerge, private and public parties alike must prepare for the eventuality that no such deal is struck. It’s worth noting that the current timeline is uncertain. While the proposed date for withdrawal is 30 March 2019, it has been suggested that the transition period could extend through the end of 2020. Regardless, businesses affected should begin preparing immediately.