Stearns details risk management

Published: November 14, 2012 6:00 am ET

Rick Stearns of Keller and Heckman LLP

Related to this story

Topics Medical

WESTLAKE, OHIO (Nov. 14, 9:45 a.m. ET) — Biomaterial suppliers need to take measures to minimize liability exposure during the design and production of medical devices, legal expert Rick Stearns told the audience at the Plastics in Medical Devices 2012 conference in Westlake.

Stearns details risk management in this latest Experts Speak video.

Stearns, a partner at Washington-based law firm Keller and Heckman LLP addressed liability issues, as well as Food and Drug Administration regulations and risk management during the conference.

Despite a supplier’s desire to take a hands-on approach in the design and production of a product, Stearns cautioned that becoming too involved those processes increases a firm’s exposure to risk.

“The more you as a supplier become involved in the designing of the finished device, the weaker your argument that you’re just supplying the material,” he said.

Stearns urged suppliers to develop supply agreements that clearly outline responsibility.

“Leave no questions in the contract,” he said.

The conference, hosted by Plastics News, was held June 12-13.


Comments

Stearns details risk management

Published: November 14, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Wisconsin mold maker doubling facility size

July 16, 2014 2:05 pm ET

A Germantown, Wis. toolmaker is planning to more than double the size of its facility.    More

Image

Hong Kong's Karrie develops own brand, looks into medical molding

July 14, 2014 4:28 pm ET

Hong Kong-based plastics molder Karrie International Holdings Ltd. plans to develop its own brand of household products and diversify into medical...    More

Market Reports

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Plastics Recycling Market Review & Outlook 2014

This special report from Plastics News examines the North American plastics recycling industry and provides insight into indicators that impact market viability, including Resin pricing trends for virgin and recycled market material and historical Resin production trends for post- consumer and industrial waste.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events