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  • Digg It - How to Avoid A Corporate Event Nightmare

    It's like the old dream where you're delivering a speech to a packed house - and suddenly realize that you're standing there with your trousers aro
    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
    und your ankles. You've planned the perfect company dinner - and the caterer got the date wrong. Your keynote speaker didn't show up because his tr
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    vel tickets were never confirmed. And the napkins at the tables don't match the tableskirts. Are your guests going to think 'Oh, their corporate ev
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    ent planners let them down? Of course not! When you plan a large scale corporate event, your company's reputation is on the line. Why would you lea
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    e that in unskilled hands?

    The most successful corporate events are those that are well-planned and flawlessly executed. If your company is hostin
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    g a customer appreciation event, a team building day or any other type of corporate event, it pays to hire the best corporate event planner you can
    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
    find to take care of all the details. But how do you choose the best event planners? Here's a checklist of criteria to help you narrow down your ch
    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
    oices to those corporate event organisers that will deliver an event that your customers and employees will enjoy.

    1. If you're new to planning co
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    porate events, ask around among your business colleagues for recommendations. If you attend a grand opening or company dinner that impresses you as
    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
    well-planned and well-organized, make a note of whether an event planner was used, and which one it was. Excellence has a way of being noted, and
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    ord of mouth is the best recommendation you can find.

    2. When you interview a corporate event planner, pay as much attention to the questions that
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    they ask as to the answers that they give. A professional will ask questions designed to gauge exactly what YOU want to accomplish with your event
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    so that they can translate your vision into the spectacular event that you have in mind.

    3. Ask the right questions to get the information you nee
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    d to know. How often do they handle events similar to yours? What other corporate events has the firm planned lately? Do they have experience with
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    the type of event that you want to run? How will they approach your goals for this event?

    4. Always ask for references. A professional event plann
    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
    er will be happy to provide you with the names of other clients that you can contact. Just as importantly, they can provide a list of vendors with
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    hom they've worked and have relationships. As in any other business, successful event planning is based on who you know as much as it is on what yo
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    u know. An expert corporate event planner will have worked extensively with vendors and services in your area. They'll know which companies are rel
    .

    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
    able and which to avoid.

    No matter what the event you're planning, it makes sense to turn to a knowledgeable professional for help with the detail
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    s. A professional corporate event planner can make running your event painless - so that you can relax and enjoy the evening as much as your guests


    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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