So what does EU SME status actually mean? It means that GRS clients can take advantage of many incentives provided by Europe for SMEs developing innovative and new medicines for both human and veterinary patients. Crucially, there are a couple of very attractive fee discounts on offer:
- 90-100% fee reduction for Scientific Advice
- 90% fee reduction for inspections
These incentives are at the disposal of GRS clients as long as they meet certain criteria and appoint GRS as their regulatory provider.
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