Articles for tag: Aims, Code, Devices, Eradicate, Imposing, Marketing, Medical, Penalties, Strict, UCMPMD, Unethical, Violations

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The new UCMPMD 2024 aims to eradicate unethical marketing in medical devices, imposing strict penalties for code violations.

The new UCMPMD 2024 aims to eradicate unethical marketing in medical devices, imposing strict penalties for code violations.

The new Uniform Code for Marketing Practices in Medical Devices (UCMPMD) 2024 aims to regulate unethical practices in the medical device industry. Under this code, Ethics Committees must be formed by device associations to address complaints within 90 days. The code prohibits medical representatives from using inducements to interact with healthcare professionals and restricts gifts ...

Market News

Byju’s defies auditor BDO’s resignation, alleging unethical demands for backdated reports amid ongoing insolvency proceedings. Tensions escalate dramatically.

Byju’s defies auditor BDO’s resignation, alleging unethical demands for backdated reports amid ongoing insolvency proceedings. Tensions escalate dramatically.

Byju’s, the troubled edtech company, has responded to the resignation of its auditor BDO, claiming that BDO made unethical requests, including asking to backdate reports. Byju’s insists it complied with all legal requests but refused to engage in any illegal activities. They also argued that BDO’s resignation came after the 45-day deadline for additional information, ...

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