I feel that there is a strong negative connotation to the word “manipulation” and that its use in this field is not always appropriate. When the features of a product or the availability of a product convince a consumer that…   Read more»

I think this question depends heavily on the business being started. In my case, I have an interest in medicine and would probably open a clinic as an LLC. As an LLC, my company would be separate from my personal…   Read more»

Using data published by the Wall Street Journal on Tesla Inc. (TSLA) I have found the following metrics to be very interesting. Earnings per share: -4.68 Gross Margin: +22.48 Operating Margin: -9.86 ROA: -4.39 ROE: -23.11 ROI: -8.7 Revenue: 2.79…   Read more»

A company of that size would need to weigh the benefits and drawbacks of both of the choices. An LLC is excellent for smaller operations at it offers protection in the form of reduced personal liability as well as reduced…   Read more»

Quality control is similar to an insurance policy for a company’s product. It is expensive, burdensome and, for younger companies, not obviously necessary. However, as the company grows, the need for quality control becomes increasingly important. Public trust, safety and,…   Read more»

While I haven’t been witness to any exceptional quality practices, I remember reading about how the auto industry handles mechanical defects in some of their parts. Apparently, if a defect is discovered (usually through an injury or malfunction report) the…   Read more»

In my opinion, the best quality departments can work with both the company’s and the customer’s needs and wants in mind. In order to mesh well with the vision of the company, and allow for a synergistic approach to getting…   Read more»

Although e-cigarettes are currently regulated by the FDA, they come with hazards that are overlooked because they are viewed as a “healthy” alternative to smoking. The combination device works by vaporizing water with organic compounds including nicotine and delivering it…   Read more»

The net effect of the increased user fees seems to be pointing to increased cost for small to mid-sized businesses in the medical device field and a greater burden on the end user of the device. Small companies that produce…   Read more»

I agree with the points you made; the regulations of the FDA do, indeed, protect us and the compromise is worth the lives being saved. However, I feel that there is still room for improvement in the system that is…   Read more»

In academia, research is approached with a sense of curiosity and passion for the field. The work is driven by grants and the hierarchy is structured in a way such that a professor or senior researcher leads a team of…   Read more»

Although I haven’t had any experience working in industry research, it seems that industry research is the most impactful work in terms of changes to our lives and ways of doing things. Companies like Du Pont have created countless products…   Read more»

I am currently researching at the University on a project that is intended to have benefits years from now. I feel that while there is no immediate product to be released, there is still quite a bit of satisfaction building…   Read more»

I agree with the notion that missing milestones are intrinsically considered failures. Being late, or unable to produce results, is never something that is desired. However, my own experiences missing milestones have been learning experiences, and usually, lead to structural…   Read more»

During my undergrad, I was tasked with leading a committee for a student government organization. Our task was to promote our organization’s initiatives through social media and other advertising, but we ran into a variety of issues due to regulations…   Read more»

The regulations enforced by the FDA are definitely a large and unique consideration that sets medical device development apart from other projects. This, coupled with the demands of global regulatory bodies, makes medical device development particularly complicated. However, there are…   Read more»

Practical courses do fall short to informational courses when research or academia is the goal of the student. For professionals and those looking to go into industry, practical courses are perhaps the most important. For that reason, a wide variety…   Read more»

I feel that practical courses are far more important than informational courses at a higher, graduate level. Undergraduate courses should be informational as they lay down a foundation. Once the graduate level is reached, courses should be specific and targeted…   Read more»

Working in academia has quite a few benefits. First, there’s a certain satisfaction that comes with developing new research and technology and disseminating ideas in an academic setting. Also, there is greater time flexibility and access to a broader field…   Read more»