Risk Management: Best Practices for Medical Device Profitability

FDAnews and Industry Directions Launch New Study

FALLS CHURCH, Va. and CUMMAQUID, Mass., April 23

Apr 23, 2008, 01:00 ET from FDAnews

/PRNewswire-USNewswire/ -- FDAnews and Industry Directions Inc., in close
 association with research analysis partner Cambashi Ltd, today invited
 medical device manufacturers to respond to a new survey on current industry
 challenges and practices. The survey asks about company objectives,
 business processes and practices, information systems and applications, and
     The research team is seeking responses from all companies in the
 medical device industry -- of all sizes, all classes of devices, and in
 every geographic region. The initial online survey is open for industry
 response from now until early May. All responses will be aggregated to
 formulate report findings. Individual responses will remain strictly
     The results of this survey will be released at the Fifth Annual Medical
 Device Quality Congress June 25-27 in Cambridge, MA in a special session on
 the research, Risk Management: Best Practices for Medical Device
 Profitability. This research ties in closely with this year's conference
 theme, Leading the Way to Better Performance With Quality Systems
     The study findings will be used by medical device manufacturers and
 others serving the industry to improve their performance and reduce
 business risk. The study will assess and identify opportunities for
 streamlining practices so manufacturers can achieve quality and regulatory
 compliance while increasing profit and growth.
     The online survey is available at:
 http://www.surveymethods.com/EndUser.aspx?F4D0BCA5F6BEA6A6 or through
 www.fdanews.com or www.industrydirections.com. The survey is open to
 medical device manufacturers of all sizes worldwide. All survey respondents
 will receive a copy of the public findings report when it is released.
     The research has been sponsored by five co-sponsor companies -- all of
 whom are active in the Medical Device sector. The analysis will be
 completed by Cambashi Ltd. and the report will be prepared independently by
 Industry Directions, which retains full editorial control.
     The five co-sponsor companies underwriting the effort provide deep and
 diverse expertise in medical devices practices and provide production,
 quality, compliance, document management, and enterprise software to the
 industry. These companies are working together to increase the medical
 device market's understanding of how to reduce risks and improve compliance
 and profitability. Research sponsors for the study are: Camstar Systems
 (www.camstar.com ), IBS America (www.ibs-us.com), IQMS (www.iqms.com),
 MasterControl (www.mastercontrol.com) and Pilgrim Software