-
jj52 replied to the topic "80% margin" – 1 year, 5 months ago
@cem34 Do you think smaller companies would be able to afford the licensing from these major companies that want a large profit? You made an important though that companies are doing their job from a business standpoint but I wonder… Read more»
-
csimmonds23 replied to the topic "The Timing of Approving Medical Devices" – 3 years, 1 month ago
@cem34 This is a good point. There are already several testing and approval stages that medical devices must undergo. To add a pandemic to the mix only further complicates and prolongs the process. It falls way down on the priority… Read more»
-
Rifath Hasan replied to the topic "Validation vs Verification" – 3 years, 3 months ago
I completely agree with the statement @cem34 made, though the reasonings are different in my opinion. Validation doesn’t signify real-time functionality rather it ensures the efficacy of a product based on user input. On contrary, verification denotes inspection of a… Read more»
-
Sheila Sarathy replied to the topic "Validation vs Verification" – 3 years, 3 months ago
@cem34 I’d have to disagree with you. I believe that validation is incredibly necessary for a medical device. I could say that I work in the industry because I work with instruments that are use to screen for drug enzymes…. Read more»
-
nm523@njit.edu replied to the topic "80% margin" – 3 years, 5 months ago
@cem34 It is an interesting idea for a company to license off their medical technology to other companies that may find it lucrative to them, however it is likely that if it is not profitable for a larger company then… Read more»