Hardware Podcasts

Managing Business Risk as a Medical Device Company

Global Medical Device Podcast · 3 May 2021 · 34m · Episode 201

What this episode covers

Michael Cremeans, Life Sciences Industry Practice Leader at Hylant, joins host Jon Speer to discuss how medical device companies can manage enterprise business risk beyond just product safety. They cover the importance of engaging insurance experts early to navigate complex contractual liabilities, such as those found in term sheets and group purchasing organization agreements, and how robust quality systems like those in Greenlight Guru can improve insurance outcomes. Cremeans emphasizes that companies should not treat insurance as an afterthought but rather integrate risk management into their overall business strategy to protect against financial and legal damages.

Most relevant to

early-stage companies

Topics

Mentioned

Companies
Hylant, Greenlight Guru
Also
ISO 14971, ISO 13485, FDA

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