Tags |
|
|
Links |
|
|
Digg It - Pinch Dollars Not Dimes
Instinctively we are constantly looking for ways to cut costs, save here and there and run a tighter than tight ship, all
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
the while conducting our business in an effective and professional way. Sometimes it is not easy but if you want to surv
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
ve as a business and stay in business this is something we all must do.
Have you herd the phrase “stepping over a dollar
Have you herd the phrase “stepping over a dollar
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
to pick up a dime”? Well this saying typifies the plight of many small businesses today. I have consulted with many sm
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
ll business owners and have been a small business owner my self and I know how enticing it can be to try and make your cu
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
stomer base conform to your needs instead of vice versa. Let me give you an example I used to work in a large office wit
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
many employees. We started the tradition of all going to lunch together, sometimes choosing the location took longer th
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
an the actual act of eating. Many times we would vote unanimously for one of the great mom and pop places that had becom
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
a great diversion from typical lunch menus, unfortunately most of the time someone in the group would say I can’t go the
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
re because all I have is a card, and they don’t accept them. There were 10 to 12 people all ready and willing to spend m
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
ney at your place but you ran the numbers and decided you did not need credit card revenue.
We would all like to suppose
We would all like to suppose
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
that our products and services are so superior that we can set the rules. Just remember there are hundreds even thousan
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
s of businesses competing for that consumer dollar. Plastic has become the preferred form of payment in the United State
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
s and is closing in fast in all other parts of the world. Accepting credit/debit cards is not just important for larger
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
usinesses it is most important for the small business. You are establishing a client base, you are setting yourself apar
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
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
t from you competitors, and you are telling every patron or perspective patron that you want their business.
Statistics
Statistics
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
how that the average person has regular contact with 30 people a week, 30 people that they exert some type of influence o
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ver. Whether they may be family, friends co-workers or subordinates. An endorsement or a condemnation coming from this
.
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
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
erson has a much greater propensity to set the consumer’s mine ether for or against you than does untold dollars spent in
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
advertising.
If you follow this rule of thumb you will most likely come out on top, “never turn down a paying customer”
If you follow this rule of thumb you will most likely come out on top, “never turn down a paying customer”
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.diggit.org.ua/article/22962/diggit-Pinch-Dollars-Not-Dimes.html">Pinch Dollars Not Dimes</a>
BB link (for phorums):
[url=http://www.diggit.org.ua/article/22962/diggit-Pinch-Dollars-Not-Dimes.html]Pinch Dollars Not Dimes[/url]
Related Articles:
Payroll Service, Changing Providers - Chapter Two: What Should you Look for in a New Provider?
Printing Services for Booming Businesses
Medical Billing - GD0 Record Fields 41 Through 50
Bookmark it:
|