15 October 2016 - Melbourne neurosurgeon Paul D’Urso has warned that Australian medical device manufacturers are locked out of the local market by big US multinationals feeding off a regulatory system that boosts their offshore profits.
Mr D’Urso, one of the first in the world to develop medical 3D printing, has argued that Australia’s regulatory system for the approval and pricing of medical devices is geared to American-based mass manufacturers.
He told The Weekend Australian that multinational companies should not be telling the Australian government what to do and how much to pay. “We can make these decisions ourselves. Let’s do it and make it happen now,” he said.