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Digg It - Employee Time Clocks
An employee time clock is a device that monitors the starting and quitting time of employees. In th According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product e olden days, punch cards were normally used for this purpose. The worker had to punch his arrival ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in and departure time on his card using a punch device. Slowly this system became obsolete and it was lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. replaced by computer based tracking systems. On these systems, the employee had to enter his employ here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe ee number and swipe a magnetic card for identification purposes. He then had to enter other details d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro such as the reason for leaving early or any other such information as might be required of him by ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc the employer. Nowadays the entire picture has changed and magnetic swipe cards are no longer in vo easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi gue. They have been replaced by biometric time systems. A biometric device analyzes the biological nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically observations. The employee needs to just place his hand on the device and the system takes care of and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ the rest. The biometric device stores about 96 discreet images of the hand and generates a correspo ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi nding numerical template using an algorithm. Each time the employee scans his hand, a number is gen ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a erated and is compared to the one in the records. The device then exactly identifies the individual dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod . Face recognition technology and iris recognition technology are also used to identify individuals cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin . Major players in the manufacture of biometric systems include ATRx, Lanthem Time Cooperation, Ac tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen roprint and Time Clock Plus. The advantage of the biometric system is that they reduce errors and t? As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel eliminate ?buddy punching? where one employee punches the time card for another. It saves time and ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust there are no cards to create or administer. The instance of an employee failing to carry the card i y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products s also eliminated. A computerized time clock provides various information for the employer like th . As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de e employee time card report, summary of hours worked, holidays reports, shifts reports, employee pr elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip ofiles report and overtime reports which cannot be provided by the traditional employee time clocks tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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