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To increase your money making opportunity you may use employees’ suggestions. You may well believe you ha

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

ve a better one, but keep your goal in mind. You want to encourage risk taking as well as solving money m

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

Examples of combination products may in

king problems. The path employees choose to reach the goal may be different from the one you would select

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

– however, if their money making method solves the problem, let them try in their way. Work together to f

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

oresee the possible results if the money making idea is put into action. Share some standards for what yo

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

Combination pro

consider a good money making idea.

Insist that employees contribute their money making ideas. If your 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

ployees respond with shuffling feet, averted eyes and a mumbled “I do not know”, let them know that you a

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

re really want their help. Make them believe this is the case by not answering your own question, even if

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

the silence gets uncomfortable.

Agree on the money making business. Ask your employees what they will do

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

that will be different next time. When employees make choices, they select the option they see as the bes

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

at the time. Your job as coach is to help them see other money making alternatives.

Follow up the resul

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

Following aspects would a

ts. After employees have had time to put money making solution in place, follow up to see how it’s going.

dd to the challenges in developing combination products:

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

You want to follow up to make sure things are going the way you want them to go. If they are not, you nee

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

further money making problem solving. When employees put forth the effort to solve money making problem,

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

they are changing their behaviors and may be even their habits. By noticing that money making problem ha

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

been resolved through employees’ efforts, you help them keep that change in place. Without follow-up emp

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

Professional from academic institutions, pharmaceutical industries, health care indust

oyees reason that you probably don’t care whether the situation changes or not. Just notice and say somet

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

hing to the effect of, “I see you are working on changing – I appreciate the effort. Keep up the good wor

.

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

.”

Change doesn’t happen in quantum leaps. It starts small and grows as employees get used to operating

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

Companies that provide selfless information through particip

ifferently. Help them to make the complete change by recognizing their money making efforts along the way

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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