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    In our current world of rapid and amazing technological advances, many entrepreneurs have managed to dramatical
    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
    ly limit the need for staff in highly profitable operations of all kinds.

    It is therefore tempting and believa
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    le to imagine that with every passing day, the need for people skills is diminishing. In fact most entrepreneur
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    s are convinced that one no longer requires people skills to run a highly profitable enterprise. After all tech
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    ology can do it all for you.

    This is both an unfortunate and inaccurate view that can cause a great deal of tr
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    uble.

    While it is true that technology has resulted in much leaner staffed enterprises, the truth of the matte
    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
    r is that businesses still need people. They need people to run the technology and more importantly to make imp
    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
    rtant decisions that will impact on the company and its products and services for years to come.

    Although the
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    numbers have drastically been reduced, the role of workers and staff in companies has dramatically risen in imp
    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
    rtance. The fact that you have fewer people running a multi-million dollar operation means that human checks an
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    balances are virtually non-existent. So in effect you will need more reliable and dedicated staff members. The
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    re is no way you can achieve this without actively promoting people skills in your organization.

    It is actuall
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    scary that much more power has been put in the hands of fewer people. Meaning that disillusioned and unmotivat
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    ed workers can cause great damage to any enterprise if they choose to throw a monkey wrench in the works.

    Whil
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    a business may at first seem to be hugely successful and profitable, even without the active promotion and nur
    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
    uring of people skills, this is definitely not a situation that can be sustained for long.

    The correct long-te
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    rm approach would be to actively nurture people skills in the top echelons of the business and to promote activ
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    staff participation in the management and operations of the business. Nurturing highly motivated workers who w
    .

    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
    ill actively contribute creative ideas for improvement in the enterprise is an investment that will pay big for
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    years to come for any management team that makes the effort.

    Copyright © 2005 Chuck Yorke - All Rights Reserve


    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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