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Glossary Term
Due Diligence
Definition
Due Diligence is a comprehensive review and evaluation process conducted by stakeholders, such as investors, acquirers, or regulatory bodies, to assess the potential risks, opportunities, and compliance of a medical device company or product. It typically includes financial, technical, operational, and regulatory assessments to support informed decision-making in mergers, acquisitions, investments, or product launches.
Relevance to the MedTech Industry
Due diligence ensures transparency and reduces risks by verifying a company’s operational and regulatory integrity. It is critical in the MedTech industry, where long product development cycles, stringent regulations, and high market-entry costs demand careful evaluation of risks and potential returns.
Additional Information & Related Terms
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