Singapore streamlines fees, approval times for low-risk devices

Singapore's Health Sciences Authority slashed the approval time frame and registration costs for Class A and B medical devices, respectively--both low-risk categories. Companies can now budget 30 working days to gain approval for a Class A device, versus 60 working days under the old rules, according to Channel NewsAsia. Device companies registering most Class B products will now pay S$1,400 ($1,120), a big reduction from the previously required S$2,300 ($1,841) fee. Singapore regulators revised both requirements after a push from the device industry to help streamline regulatory processes, the article explains. Story