A Budget that extends the safety-net for Businesses, more tax incentives should follow to enable new investments
19 October 2020
Budget 2021 The Malta Chamber of SMEs is pleased to see a number of its...
For the sake of patient safety, in the era of global economy it is desirable to address adequate tracking and tracing of medical devices at a global level. One reliable way to achieve track and trace of medical devices is to develop a Unique Device Identifier (UDI). Such system will also improve fight against counterfeiting. In addition, the development of an international approach will make the trade of medical devices more secure for all the stakeholders.
Whilst it is already a legal obligation on economic operators to ensure they have in place an adequate traceability system, the EU is currently working with its international partners to develop an adequate mechanism for a UDI for each individual medical device. The most popular choices seem to be barcoding and radio-frequency identification (RFID). The mechanism chosen is aimed to be standardized and harmonized on a global level, meaning that it will probably not be the manufacturers themselves that draw up the barcode or RFID tag for their devices, but will be set out either by standardization institutions or specialized privately-owned approved companies that ensure that the codes/tags are truly unique for each device. Thus, it is expected that the unique codes will need to be bought at a cost.
In this regard, MSA kindly ask you to inform what impact (financial, administrative or otherwise) do you envisage on your operations and products should such system be introduced. It may be necessary to seek the opinion of your suppliers and business partners. Detailed replies will be greatly appreciated by the 31st January 2011. Email:
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).