In October, Canada became the first major economy, and second country, to legalize cannabis. While this policy shift will undoubtedly have consequences for consumers, law enforcement officials and others, it also presents new challenges for the cannabis manufacturers seeking to profit from what could be a $5 billion industry. As manufacturers compete for a limited number of licenses and confront an increased level of scrutiny, recall preparedness and a thorough understanding of regulatory requirements will be crucial to success.
Continue ReadingThe Consumer Product Safety Commission’s (CPSC) recall announcement webpage reads like a horror house of hazards threatening the public, including burns, electric shock, drowning, strangulation, and fire. But one threat that may frighten many consumers, and doesn’t necessarily yet rise to the level of a recall, is cybersecurity vulnerability. The CPSC’s
Continue ReadingIn a strongly-worded statement, the Food and Drug Administration (FDA) Commissioner Scott Gottlieb, M.D. recently announced the agency is taking steps to curtail what it called the “epidemic” of e-cigarette use among teenagers. Among other actions, the FDA is looking closely at flavored e-cigarettes, saying they “play an important role in driving the youth appeal.
Continue ReadingEven when companies have a robust recall plan in place, preparing for a soon-to-be-announced recall is a stressful event. Companies must act quickly in order to satisfy regulatory mandates and mitigate risk. Here are four steps pharmaceutical companies should take to get ready for a recall: Ensure consignee data is up-to-date This is often one of the largest pain points for pharmaceutical companies in particular.
Continue ReadingRecalls are always unexpected and often happen at lightning speed. Whether it is a positive contamination test in a food product, a faulty lithium-ion battery in a consumer product, or a mislabeled drug or medical device, companies must act swiftly. That’s why the best approach is to be recall ready at all times. But where do business leaders begin? Here are some steps to cultivate recall readiness every day.
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