Cimdata Logo

Industry Summary Articles

Wednesday, June 29, 2016

Osstem Implant Selects Dassault Systèmes’ “License to Cure for Medical Device” Industry Solution Experience to Expand in Global Market

Dassault Systèmes today announced that Osstem Implant Co., Ltd., a developer and manufacturer of medical device technologies, is using Dassault Systèmes’ “License to Cure for Medical Device” industry solution experience to expand its global market share in dental implant solutions.

The medical device industry has been plagued by safety and quality issues and product recalls that have led to increased regulatory scrutiny.  As a result, many companies must dedicate more research and development expenditures to regulatory activities than to new product introductions.

Osstem Implant, with 22 offices worldwide and manufacturing facilities in the U.S. and South Korea, looked to expand its market share by balancing regulatory requirements with innovation. Specifically, it sought a unified, digital platform to manage unique device identifier (UDI), design change and quality assurance information it submits to regulatory approval organizations such as the U.S. Food and Drug Administration.

Based on the 3DEXPERIENCE platform, the “License to Cure for Medical Device” industry solution experience provides a collaborative, integrated business framework that accelerates the delivery of innovative, safe, and fully compliant medical devices.  By eliminating traditionally disconnected processes and data, Osstem Implant has access to a single source of information and an end-to-end, traceable and compliant product development process directly linked to quality management.  This helps minimize time to market and regulatory overhead.

“We selected Dassault Systèmes’ ‘License to Cure for Medical Device’ to help us better manage regulatory activities and new product development as we expand internationally and must meet different market requirements,” said Tae-Yong Kim, Head of Information System Management Team, Osstem Implant.  “We can improve product development and project management efficiency and streamline the regulatory filing process for our dental implant solutions.”

“The ‘License to Cure for Medical Device’ industry solution experience transforms regulatory from a constraint into an asset and allows the organization to optimize quality and compliance efforts and reduce cost and time to market,” said Jean Colombel, Vice President Life Sciences Industry, Dassault Systèmes.  “With a collaborative, end-to-end, fully traceable, fully compliant product development process that is directly linked to quality and regulatory information, companies can meet project challenges and accelerate the creation of advanced solutions for human health.”

To view the original press release, please click here.

Search for Dassault Systèmes on CIMdata.com

r
ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
Aerospace & Defense PLM Action Group

A CIMdata administered PLM advocacy group for the A&D industry

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

CIMdata's definitive guide to the worldwide CAM software and services market. This comprehensive report provides critical intelligence on market size, user expenditures, trends, and segmentation, alongside authoritative rankings of the top CAM solution providers and reseller revenues.