What is Due Diligence?

May 15, 2013 | News

What is due diligence?Due diligence is a concept that has been around for a long time. In basic terms, it means doing your homework before making any major decisions about finances, investments, equipment, or more. It can be difficult to research if you don’t know what to look for, which is why MEDIcept offers a due diligence assessment and analysis program. At MEDIcept, we have the experience and expertise to help investors make the right decision and maximize return on investment. We understand regulatory and clinical strategies. We know what it takes to get a medical product to market – we work with these companies on a daily basis. We have assessed investments for companies with a combined value of over $800 million.

In the age of information, there are so many resources available to you that making an uninformed decision is something you do to yourself. If you think you don’t have the time to put in the necessary work, then you’re taking a much bigger risk than you need to! Rapid, cost-effective evaluations of new medical device ideas and company management can seem like a daunting task, but that’s why there are companies like MEDIcept who specialize in providing help for you.  We have plenty of regulatory and compliance experience and all the skills needed for informed investment decisions.

The legal standards for due diligence help make sure that the buyer isn’t getting ripped off and that the seller provides all the information necessary to make an educated decision. This concept is simple, but if you aren’t familiar with all the ins and outs of the company you’re considering purchasing or the medical device you’re thinking about investing in, it can be easy to overlook crucial details. Not understanding the finances or regulations of your target can lead to financial damages or production delays, which decrease the overall value of your investment.

Let us help you. Our due diligence assessment and analysis program can include:

  • National and international regulatory strategy
  • Product classification
  • GLP/QSR/GMP compliance
  • Marketing compliance
  • Product labeling compliance