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Hariharan Ganeshan Thevar replied to the topic Definition of Risk/Benefit Ratio ? in the forum Project Management Process and Medical Device Development 6 years, 1 month ago
Risk/Benefit ratio sometimes leads to gain more profit and sometimes may leads to loss for the medical device. Most of the companies in other sector takes risk in order to upgrade product, While in the medical field I have noticed that device takes a lot of time for the upgrade maybe the company want to stick same protocol, don’t want to take risk as it is related to patient’s health