Medical device expos and conferences are definitely among the main ways of marketing the latest medical device technology. My parents being dental surgeons, I do know closely that each time a company releases new technology, they post about it in…   Read more»

Private companies are not required to publicly disclose financial information, while public companies are required by the Securities and Exchange Commission to file an annual report documenting their performance in detail. The main advantage public companies have is that they can…   Read more»

In a sole proprietorship, the owner of the business and the business are a single entity and this person is completely responsible for the operation of the company. The proprietorship cannot be transferred to somebody else. The solution might be…   Read more»

In the lecture, companies including Limited Liability Company vs Corporation vs Sole Proprietorship vs partnership are classified based on the way of operating business, how many people own the business, and how the company relates to the owners. The luxury…   Read more»

According to me, ethics and quality are interrelated especially when it comes down to medical devices. The products developed must of the highest quality because if a malfunction occurs at a critical stage, it could be fatal to somebody’s life….   Read more»

Although people might consider investing time and resources on quality beforehand as a burden, it is very important, because like we all know, prevention definitely is better, safer and way less expensive than cure. This is applicable here as well….   Read more»

Quality control occurs mainly during production, working with the production team, ensuring the quality of the production process and products. While quality assurance takes place after production and before the final release of the product. QA sets the standards required…   Read more»

Accuracy is how close the device’s result is to that of a reliable “gold standard.” It is of prime importance because an inaccurate measurement or recording can lead to an inaccurate diagnosis which can definitely be fatal. The accuracy of…   Read more»

This is a great topic of discussion. Recalls usually occur due to the product no longer adhering to the FDA laws. For instances where certain devices are recalled after 5-8 years, this happens because of a circumstance that occurred which…   Read more»

The major obstacle would be in the manufacturing capital and testing resources. Without a diverse team to help complete the project, this would take a long time, more faults and a lot more money if tried to be executed individually….   Read more»

During my assistance in the lab, the major failures in the experiments occurred due to incorrect data collection especially increasingly noisy data. The implants made in the animals for the signal collection would give errors if incorrectly placed or when…   Read more»

Academic research always puts out new knowledge. When I was working as a Research Assistant at NJIT in the last semester,  I was given the topic to learn about and generate code and work with the data within a time…   Read more»

Having been a pet owner for the most part of my life, I do feel that using animals for testing, whether they are mice or apes, is unethical to a certain point. I do personally feel that technology and simulated…   Read more»

Having been a pet owner for the most part of my life, I do feel that using animals for testing, whether they are mice or apes, is unethical to a certain point. I do personally feel that technology and simulated…   Read more»

A good Project Manager should not only be really good and interested in what he is doing but should also be a great leader as well. It is with his leadership skills that he will be able to take the…   Read more»

There are many differences between managing projects of medical devices and those of building schools or skyscrapers.  For medical devices, the execution phase is more elaborate as more testing and a huge number of clinical trials are required, whereas for…   Read more»

Posted by: @as934 I am in agreement with the other posts above that projects need to meet all three objectives in order to be considered successful. A project can never be successful if it is not achievable, a project that…   Read more»