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You are here: Home / Nerac Insights / Articles / Innovations in Medical Devices – Crisis as Motivation

Innovations in Medical Devices – Crisis as Motivation

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By Helga Weires, Nerac Analyst
Originally published May 12, 2020

The world is facing unprecedented disruption due to the COVID-19 pandemic. Regardless of industry, companies are reacting quickly, placing an emphasis on safe operations and ramping up supply of essential ingredients and materials to address the crisis, while some are successfully pivoting into a completely new product line.

For many manufacturers and suppliers, this shift in the business landscape means looking at adjacent markets, new supply chain sources and embracing new ways of thinking and manufacturing processes that maximize chances of success, not just survival. How prepared are you to weather this storm?

This article explores our ability to “intelligently prepare” for innovation in times of crisis, and both the challenges and the opportunities that crises can present. Learn more here.

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