Welcome to Compliance Consultants...

...the more you learn...the more you will want us for FDA!

 

Our site is designed to inform you about subjects critical to your success. Usually our clients are trusting us with their future. We do not take that obligation lightly. This site will continue to grow to cover pertinent issues. Visit us at http://www.complianceconsultants.com. Welcome to Compliance Consultants...

...the more you learn...the more you will want us for FDA!



Making your medical invention legitimate...

Scope

Recently, a Korean manafacturer came to us. They wanted to sell a device in Korea and they were being asked for a U.S. Food & Drug Administration approval! What this says is that is that U.S. Food & Drug Administration counts in many different ways!


The U.S. Food & Drug Administration does have the power to clear medical devices for sales in the U.S. A prevailing attitude by innovators is to avoid or delay submitting your product to the scrutiny of the US Food & Drug Administration. This avoidance or delay may have merit in remote instances, however, we have developed an informed perspective  from having been through this process on so many occasions.

 

Product Approvals

Even children’s toys require some product approval. Complex products or medical product must pass one or more product approvals from regulatory agencies. If approvals are not required  by law, then approvals will be required by your liability insurance underwriters.

 

If you postpone addressing this issue, your costs to meet these requirements will multiply as the product matures. If you address this issue early, then the Food & Drug Administration virtually becomes your partner in development. Once your device is FDA cleared, then other regulatory agencies may accept your FDA clearance, thus saving a compilation of approvals.

 

Real Commercialization

The most important aspect of commercializing your medical invention is:   Food & Drug Administration “approval”.

 

No other agency can legitimize your product like an FDA clearance. Without FDA clearance, your medical device is not legitimate. With Food & Drug Administration clearance, your product is legitimate. The Food & Drug Administration clearance alone will separate any medical device into two categories:

·        those devices with FDA clearance appear legitimate to investors,

·        those devices without FDA clearance appear risky, speculative and uncertain.

 

 

copyright by Compliance Consultants, Stamford, CT USA, September 2001

 

 


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  Compliance Consultants
1151 Hope Street
Stamford CT 06907 USA
voice 203 329 2700
fax 203 329 2345