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Is Your Corporate Wellness Program Floundering?

Companies are instituting corporate wellness programs, often with mixed results. The idea behind a cor

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

porate wellness program is actually quite solid: these programs are opportunities for employees to get the help they need to prevent illness.

The gene

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

ral idea of a corporate wellness program is that since as many as 80% of illnesses can be avoided with some preventative care, more attention to corpor

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

ate fitness can improve productivity, reduce company costs, and can result in happier employees.

While some corporate wellness programs seem to be doi

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

ng just fine, they are the minority. Some studies have suggested that only about 1 out of 9 corporate wellness programs are seen as successful. This me

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

ns that many corporate wellness programs are costing money but not producing desired results.

In fact, some employers report that expensive employee e

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

xercise and employee wellness programs are used by only a tiny minority of employees - usually those employees who are already fit. Many companies 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

at have invested in a corporate wellness program find that their workers are as unhealthy as ever!

What is behind this alarming trend in corporate wel

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

lness programs? Research by Golding Corporate Wellness, Inc (http://www.corporate-wellness-mistakes.com/) has revealed specific factors that lead to u

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

nsuccessful corporate wellness programs:

1. Not investing in corporate wellness programs. Even today, many companies simply do not pay enough attentio

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

to worksite wellness to institute a corporate wellness program. The first step to a successful corporate wellness program, then, is to create a solid

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

one. GCW, Inc. can help if you are having trouble getting started.

2. Investing only in employee exercise facilities. Many companies mistakenly assume

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

that building employee exercise rooms or getting employee gym memberships means a corporate wellness program. This is not the case. The key to corpor

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

ate wellness programs is to have a whole-health approach that makes it easy for employees to get fit and stay healthy. Your corporate wellness program

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

should appeal to all workers, not just to the athletic. This means setting up programs that are attractive to employees and it means doing research ahe

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

d of time to find out which corporate wellness programs may appeal to the company's employees.

3. Having a corporate wellness program that does not pr

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

ovide education. Any corporate wellness regimen should include easy access to information. Employees should know all about the benefits of corporate w

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

ellness programs, should know how to exercise and should have all the information they need to make healthy decisions on the job and at home. This part

.

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

of corporate wellness programs can even include workplace safety information.

If your corporate wellness program is not working, it is the approach a

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

nd not the corporate fitness philosophy itself that may be to blame. A few simple changes may be all it takes to start seeing some smiles at the office

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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