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Category: Medical Device Industry

Apr
16

How Emerging Technologies Can Both Improve and Exacerbate Product Recalls

Advances in technology tend to be mixed blessings for product recalls. They often introduce new product safety vulnerabilities while, at the same time, may offer new capabilities that improve recall efficacy. The impact of technologies like artificial intelligence (AI), Internet of Things (IoT), robotics, big data, and others on product recalls are slowly unfolding, but emerging patterns give us some sense about how these technologies might affect product safety and recall management in the future.

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Apr
09

FDA Playing Catch-Up As Growers and Manufacturers Wait to See How CBD Will Be Regulated

In December of 2018, Congress passed the farm bill, which, among other things, broadened the ways in which hemp can be cultivated and transported. While hemp can be used to create a variety of products, the market for cannabidiol, a hemp extract commonly known as CBD, is attracting the most attention by far. CBD is said to promote relaxation without the psychoactive effects of the THC compound found in marijuana, and manufacturers have been adding the compound to everything from beverages to shampoo since the bill passed.

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Mar
12

Product Recall Horror Stories: Four Top Causes of Sleepless Nights

Sleeplessness is a common malady of business leaders whose companies have had to undergo a product recall. When a recall hits home, how well a company prepares for and manages the recall requirements can mean the difference between preserving customer loyalty and severely damaging the brand reputation, or even worse…sink a business entirely. Anxiety levels spike throughout the company as leaders brace for bad publicity, lower earnings, lost market share, legal liability, or a host of other unwanted outcomes.

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Jan
22

Canada’s Legalization of Cannabis Puts New Demands On Manufacturers

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.

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