Risk Management: Best Practices for Medical Device Profitability -- FDAnews and Industry Directions Launch New Study

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.

(PRWEB) April 24, 2008 -- 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 performance.

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 confidential.

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 Compliance.

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 (www.pilgrimsoftware.com).

About FDAnews

FDAnews publishes domestic and international regulatory, legislative and business news and information for executives in industries regulated by the U.S. Food and Drug Administration. Pharmaceutical and medical device professionals rely on FDAnews' print and electronic newsletters, books, management reports and conferences to stay in compliance with international standards and FDA's complex and ever-changing regulations to get their products to market faster and boost profits. FDAnews brings you the knowledge you need, when you need it. To learn more, visit: fdanews.com

About Industry Directions

Industry Directions is an industry analyst firm that conducts research on the business processes and enabling technologies used in manufacturing value networks in specific vertical industries. Areas of focus include supply chain, business-to-business, production, lean and other improvement initiatives, enterprise management, product life-cycle management and performance management. To learn more, visit: industrydirections.com

About Cambashi Ltd.

Cambashi, based in Cambridge UK, provides independent research and analysis of the business reasons to use IT in industry worldwide. It specializes in engineering and enterprise applications and the infrastructure to enable industrial firms to use IT effectively. Cambashi publishes market size estimates in the engineering applications market observatory. Its clients vary in size from small to large and include most of the leading software vendors and many pioneering IT users. Cambashi is a member of CATN, an international association of consultants. To learn more, visit: cambashi.com

Contacts:

FDAnews

Matt Salt

(703) 538-7600

msalt @ fdanews.com

Industry Directions

Julie Fraser

(508) 362-3480

jfraser @ industrydirections.com

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