Followers | 34 |
Posts | 2681 |
Boards Moderated | 0 |
Alias Born | 10/28/2013 |
Thursday, August 14, 2014 9:13:17 AM
Such a policy ignores important truths in development. Engineering is about doing very quickly things you have done before. It is about using your training and experience. R&D is not just engineering. It usually has a scientific element which is more about speculation on how things that have not been done before are likely to work. The best of scientists do not do a perfect job predicting such things. To have to toss a project and start over because it did not meet the original marketing goals just doesn't make any sense. This begs for scientists to lie about data. And I am sure it goes on all the time.
It seemed to me that under-performance relative to marketing goals, in some aspect of a device, is likely common. And my experience is that it is very common.
After getting scrwd at that MRI company (that I talk about all the time) I was cast out into the temporary workforce. A common job available to temporaries with Validation and Verification background is the testing of devices that don't quite make the marketing requirements in some way. It is the job of the temporary to make the device pass. If you don't, they can get another temporary. And if you make waves, they can ruin you. Blackballing is very real.
How do they just get a new temporary. You can do V&V testing on a device at one of the companies and there will be no record of you working there. If things go badly, you worked for the temporary agency (who typically knows nothing about the work you perform for the client). If things go well you worked for the client.
The point is that the rigidity of the FDA in this regard creates horrible situations in industry. It should be fairly standard to simply modify the original marketing requirement. The FDA review of those changes should be reasonable and take a reasonable amount of time.
Here, it appears the FDA has finally taken that attitude. While LP's connections may have helped, there has been a great deal of pressure for the FDA to be a cooperative body rather than a competitive body in the development and approval of new drugs, such as cures for cancer. In this case it is not a change to the marketing requirements, but it is a similar change in attitude by the FDA that is required.
Recent NWBO News
- Investors Watching Two Small-Caps for News on Potential Major Advancements in Cancer Treatments • AllPennyStocks.com • 01/13/2025 01:56:00 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 12/26/2024 10:07:47 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/26/2024 09:29:14 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/12/2024 09:10:53 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/01/2024 09:24:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 08:01:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/13/2024 08:01:24 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/09/2024 09:06:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/08/2024 08:30:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/02/2024 02:42:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/30/2024 11:49:38 PM
- Biophma Announces Exclusive In License for Dendritic Cell Technology, Sending Shares Higher • AllPennyStocks.com • 06/17/2024 04:40:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/04/2024 09:11:16 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 06/03/2024 09:22:55 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 05/22/2024 08:13:36 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/10/2024 09:04:57 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 03/01/2024 10:04:38 PM
Swifty Global Announces Signing of Share Purchase Agreement to be Acquired by Signing Day Sport (NYSE AMERICAN: SGN) • DRCR • Jan 29, 2025 11:19 AM
UAV Corp. Revolutionizes Surveillance with AI-Powered Skyborne enhanced WAMI Technology • UMAV • Jan 28, 2025 1:30 PM
Should Bitcoin be added to the Dollar Index? Does Irrational Exuberance prelude a Bubble? Do Investors love Crypto or just the money? • BEGI • Jan 28, 2025 11:00 AM
Unitronix Corp. to File Patent to Secure Blockchain Innovation and Increase DeFi Adoption • UTRX • Jan 28, 2025 7:30 AM
LaFleur Minerals Provides Updates on Exploration at Swanson Gold Deposit and Plans to Restart of Beacon Gold Mill • LFLRF • Jan 27, 2025 9:47 AM
Avant Technologies to Play Key Role in Ainnova's U.S. FDA Clinical Study for Its Vision AI Platform • AVAI • Jan 27, 2025 8:00 AM