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Risk Management (2)

Quality System


The term "quality" refers to a medical device's fitness for its intended use. To ensure quality, the Food and Drug Administration (FDA) requires the manufacturers of medical devices to...

European Union “CE” Mark


Medical device manufacturers seeking to export products to European Union (EU) countries must consider whether they need to obtain the CE mark for their products. CE is an acronym for...

Managing Foreign Supply Chains to Avoid Importing Risk


Having more partnerships with foreign manufacturers means that U.S. companies must be aware of liability concerns and the safety of imported products. The global economy has caused...

Risk Management 360: Managing Risk Through Product Recall Preparation


In their years working with life sciences companies – large and small – Medmarc’s risk managers have evaluated numerous medical devices and pharmaceuticals as well as their manufacturing and...

Contracts


Introduction The supply chain for medical devices and diagnostic equipment can be fairly complex.Raw material suppliers sell to component part manufacturers who sell to final...

Patents: What New and Emerging Life Sciences Companies Should Know


Question:What Should New and Emerging Life Sciences Companies Know About Patents? Answer: Introduction to Intellectual Property Intellectual Property (IP) generally includes...

Complaint Handling for Medical Device Manufacturers


Medical device manufacturers must ensure that they have a well-designed system to address complaints related to their products. Components of a well-designed system include:...

The Credentialing Morass


Imagine, for a moment, that there are no uniform traffic regulations in the United States and the design of signs, lights, lane markings and all other infrastructure is left to the whim...

Defending a Products Liability Lawsuit


Medical device and drug manufacturers have no intent or desire to introduce harmful devices or drugs into the marketplace. In addition, FDA’s strict regulation of these companies is...

Developing a Medical Device Recall Action Plan


Medical device recalls are initiated when a medical device is defective, poses a risk to health, or both. The medical device manufacturer is generally charged with voluntarily initiating...