Elaborating on what was mentioned above by both amandaally1029 and thuytienlecao in the above posts, I found the 3 most common occasions a court will rule to pierce the cooperate veil are: No real separation between the company and its owners, the companies actions were deemed fraudulent, or the company’s creditors suffered an unjust cost. Legal s…[Read more]

If given the choice of being an owner of the above list of company structures, I would prefer filing my company under a Limited Liability Company (LLC) in the state of Delaware. Even though my business would be done primarily in New Jersey, Delaware has very favorable tax laws, asset protection and simple startup/ minimal requirements to…[Read more]

The company I am choosing to perform a brief valuation on is Bristol-Myers Squibb
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ROI=20.87% The current return on investment that is given by marketwatch.com shows a healthy ROI percentage. This roughly translates to for every $5 invested in Bristol-Myers Squibb, you can expect a $1 return of profit at its current market rate. It can be…[Read more]

My experience with the quality department at my company is very similar to reshamn’s as mentioned above in the previous posting. Some of the new processes that are currently trying to be put into place by R&D engineers are being halted by the quality team. One particular example that stands out to me was a certain process where a program and a s…[Read more]

I believe that the quality department, at the most successful and consistent companies, runs deep within the structure of the organization. By this I mean that although there is a designated quality department, there has to be a great emphasis on the integration of these employees and their procedures within each facet of the company. For example,…[Read more]

The idea that spending ‘excess’ funds on quality engineers is a burden and that they only bring bad news has been the general consensus of the previous companies for which I have worked. Currently at my job, upper management, engineers, and technicians alike both dread missing the standards the quality team sets for a product because that mea…[Read more]

The incident I would like to briefly talk about is the abnormal corrosion-wear of β-Ti alloy TMZF (Ti-12Mo-6Zr-2Fe) in one model of Stryker’s early hip implants that was recalled in 2011. In this case, Stryker used an innovative TMZF alloy in the stem segment of their implant instead of the Ti-6Al-4V (Ti64) alloy which was popular at the time. Wh…[Read more]

Combination product of investigation: Epinephrine auto-injector (injection pen)

This device is intended to inject epinephrine directly into the patient’s body during an allergic reaction for most rapid response time. Epinephrine causes the body to delay/ stop anaphylaxis caused by the initial allergen, exercise, or other trigger therefore p…[Read more]

As thuytienlecao mentioned above, the FDA currently regulates the electronic cigarette due to it containing tobacco products (nicotine) which is a controlled substance. This electronic device is also very different when compared to normal cigarettes due to its lack of some ingredients and over concentration of others. E-cigarettes do lack a lot of…[Read more]

Research in academia is approached though the pure goal of knowing the unknown or in the sense to ascertain a solution to a particular personal problem regardless of the monetary reward. The research may have a deeper personal connection to those academic scientists working closely to advance their knowledge in the field and each breakthrough…[Read more]

In my experience of working in both academic and industrial laboratories, I believe there is a definite difference in the amount of resources available to each lab which then directly affects the scope, timeframe, and people involved within the project. Regarding an academic laboratory, the work schedule is generally much more lax and research is…[Read more]

As mentioned above in the week 3 lectures as well as from bb254, biocompatibility testing should be completed in strict accordance to ISO 10993. The table dictates, in relation to its intended application and criticality to the body (ex. tooth filling vs heart valve) the number and type of testing that should be performed to ensure the product is…[Read more]

In agreeance most of what rachelpatel1796 said above, I believe that the project execution phase (especially the controlling aspect) is the most important stage of the project cycle. The need for strict compliance to key performance indicators as well as carefully monitoring/ managing the various costs and time spent is paramount in seeing out the…[Read more]

One example of an obstacle I encountered during the excitation of a project in my undergraduate pharmaceutical research laboratory would be that the inventory of essential chemicals was not up to date with the computer log. Often times, while preforming multistep organic synthesis, a critical solvent or solute would be missing or even the…[Read more]

As briefly mentioned above, another project management style is Agile. This unique project management style is centered around being a fast, flexible approach to a project that relies on collaboration and adaptability to get a project done. This style works in continuous project release iterations where each product is a little better than the…[Read more]

In the debate of academia vs industry, I have been fortunate enough to say that I have had experience in both. Personally, my experience in academia lasted a total of just over two years and I really enjoyed the relaxed schedule and friendly atmosphere. However, after 2 years the project I was working on was scrapped because the lead professor…[Read more]

In agreeance with puneet and hc225, I personally believe that there is not enough practical courses available at NJIT for both undergraduates/ graduates alike to pursue. Currently, as Dr. Simon states, there are only his 3 online courses that really focus in on medical device terminology and regulations which is really only enough to get a…[Read more]

In agreeance with akashranpura along with multiple others who posted above, I would definitely stress the value of a Co-op and/or internship. These real world experiences are immensely valuable because they give you insight to the nuances of industry and help guide you on an eventual career path. As Dr. Simon said in his intro video, these…[Read more]

Given the options of a management vs an engineer/scientist/tech’s role in a company, I would prefer to eventually end up as a manager much like many of my classmates before me have answered. However, my desired path to achieve this terminal position would be a bit different because I would like to spend a large majority of my career in a lead e…[Read more]

In my experience, I tend to feel that there is a definite moderate correlation between workplace recognition and challenging/exciting work. As many have said before me, bb254, jvv6, tn58, ect., expectations if you as an employee tend to change over the course of time spent at a position. In the beginning, recognition and praise comes easily as you…[Read more]