Wednesday, July 20, 2011

The FDA's 510(k) report card

The FDA admits that the average 510(k) review time has increased (to 140 days!) but blames the industry: "FDA data shows that total review time – the time it takes FDA to review an application and for companies to respond to questions that arise during that review – has increased primarily due to companies taking more time to respond to requests for additional information."; see CDRHReports/ucm263385.htm.
From personal experience I know this to be a half-truth. The reason companies need to take more time is that the FDA requires more information than before, and information that was previously not required. So who is the bad guy here?
In my experience, the FDA is making it more and more difficult for the medical device industry to get devices approved, and they're doing this without being upfront, honest and transparent about it.

Monday, May 23, 2011

Kickbacks - read this article

Once in awhile I come across questions regarding kickbacks and how/how much can we legally compensate professionals who work with us? MassDevice, a New England medical device periodical, gives some good pointers in this article. Worth reading if you have these sorts of questions!

Wednesday, March 16, 2011

Labeling and photographs in a 510(k) database?

The FDA is considering to start a publicly accessible database that will contain labeling (user manuals!) and pictures of 510(k) cleared devices. FDA is organizing a "discussion meeting" on April 7th in their offices in MD. Attendance is free after registration. What is your position on this issue? Let me know!

Wednesday, March 9, 2011

In development: stretchable electronics

First time I heard about this: NW University and UofI (both in IL) are developing "stretchable" electronics to be used in catheters. See this interesting article about an application for minimally invasive heart surgery. Before you know it, this technology will invade everyday products and gadgets!

Monday, February 28, 2011

Medical device development: an endangered species?

An article in the StarTribune (Minneapolis-St. Paul) argues that big device companies are spending too much time adding features to existing product lines and too little time developing new technologies. Add to that the unfavorable investment climate for startup companies, and a bleak future for new products emerges.

Friday, February 18, 2011

Yes, the FDA's failures have been all over the news

But still, I think it is important to post this article about the impact on the US Medical Device industry.

Tuesday, January 18, 2011

The US is losing its competitive edge...

An article in the Startribune, Minneapolis, explains a study by PricewatterhouseCoopers, predicting that in the coming decade the US will lose its competitive edge in medical devices to countries such as China, India and Brazil. Why? We don't invest in our future!