Rules are to be properly formed. It is good that they don’t need to give a gift that would be out of education. But there is no necessity in keeping the limits. When it comes to education it must a…   Read more»

Depending upon the states even the law enforcement differs. Each and every state has its own policies with Non Compete enforcement. The court expects a valid reason for this. If the entire business or part of it is getting some…   Read more»

I worked on a collaborative project between a biometrics firm and a computer vision laboratory. Most of the R&D work was done by the lab. My project manager had a tough time working with the lab as they were very…   Read more»

In total agreeance with Adrian and amandaally1029. I also believe that the process of collaboration and working environment matters a lot than the organizational structure of the company. However, it is a priority for any company to choose an organizational…   Read more»

I believe that the strategy is to manage resources based on needs and good planning as well. However, I agree with sa596’s answer. If the project manager has good communication with other department and functional manager understands needs, then the…   Read more»

Acceptance can be done for low severity risks because since the risks are low accepting and taking chances to get the benefits would be good. Avoidance and mitigation is good for high severity risks because since risks are too high…   Read more»

Instructions, labelling a medical device try to tell the users how to use or operate the product. So it is important that users read them carefully. To make sure that users follow the instructions, companies can do some training sessions…   Read more»

Risk analysis, risk identification should be done at all points in the product develepoment. It should not be considered as separate task that should be done at the end stage of the product development. And also risk analysis should continue…   Read more»

Device like thermometer, gauze piece, micropores are used outside the body. Only verification and validation is sufficient for these devices and clinical/preclinical trials are not needed. These devices are low risk devices which does not harm patients.

Gantt chart is very important which defines the rough time of project execution and also documents the outlines involved in the process. It is a schedule that helps to plan, record/document and track specific tasks in a project. It should…   Read more»

I feel all the steps in DDP is equally important.It is difficult to say which one them has more weightage than the rest. Communication management plan helps us communicate with people involved in the project. Quality management plan helps us…   Read more»

I agree with rd389 and Ibraheem shaikh with regards to respecting a person’s consent. Nowadays, IBR makes it a must for potential participants to be briefed with full information of the outcome and benefits form the test. In the case…   Read more»

I agree with dipanpatel regarding the ownership of IP. I also believe in having a good lawyer to have a look at the agreement before they go onboard the with the study. Some firms have a strict policy of IP…   Read more»

In your case, Let us say that there is a new pill developed to treat Alzheimer’s. In the clinical trials, generally with an existing medicine or placebo, the new pill is tested and is it will be a randomized control…   Read more»

Unlike many consumer products, MedTech companies cannot employ same strategies to promote their products. One serious way that can attract many physicians and healthcare professionals is by creating compelling case studies. Case studies share insight on positive patient outcomes, reduce…   Read more»

The only way to increase the market share of your company is by showcasing that your product is much more superior or sometimes cheaper than the others. To a certain extent, I would say the companies try to influence your…   Read more»

I want to introduce a cellular network firm (JIO networs) that recently disrupted the market and already has more than 100 million subscribers within one year of its launch in India. The strategy that it employed was a freemium strategy…   Read more»

The main three reasons for the Courts to pierce the corporate veil and impose personal liability on officers, directors, shareholders, or members when 1) There is no real separation between the company and its owners: For instance, if the owner…   Read more»

father can execute sale deed for transfer of assets and liabilities of sole proprietary concern by father in name of 2 sons. There are other ways such as simthshah said is by converting it into LLP. Another way is by…   Read more»

I prefer to getting into a partnership with someone who understands the objective and gives valuable insights into how to grow the business big. A partnership is a major commitment and risk associated would have a dent on your personal…   Read more»