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Digg It - Business Architecture & Management - What You Need to Know
Architecture is (normally) about buildings, cities and infrastructure (and the 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 like). You can see it around you and everybody has an opinion about it. You e ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in ther like the style of that building or you don’t and all the nuances in betwe lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. en. Business is less visible but also there – everybody has an opinion about here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe t. You should make more profits, cut your costs, build an infrastructure and c d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro onstruct an organization that formalizes the (human) interaction, etc, etc. I 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 we do all that, why bother about calling it business architecture? Well you s 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 houldn’t but some concepts will help you with issues that most managers are de nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically ling with:
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 e end will fit with a solution at the other end.
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi now whether we are using all our talents and not only a small part of them. ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a >
dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod o complex that I’m wondering if all elements point in the same direction to me cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin t that goal. So architecture can help us. The nice thing about arch tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen itecture is that you can look at one company and discuss about STYLE, FUNCTION 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 and MATERIAL or construction. Three elements you continue to see (in recurring ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust patterns).
Style is the most important, because it drives your business. It y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products s not only the driving force behind marketing, but also behind, sales, product . 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 ion, human resources and IT. So if you have found your style, the first proble elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip - of coherence - has being dealt with. Up for the next one. © 2005 Hans Boo 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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