Digg It - Business

In a company of 25 people; putting on a marketing event and charging an entry fee could give the event administrator a severe headache. Patricia Thom

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

son was in this position only last week. Her “normal” job of Marketing Assistant still had to run while she organized the seminars and she realized s

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

Examples of combination products may in

he could be handling hundreds of enquiries over the period. This was their first venture into this type of event and the company's accounts departmen

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

t was not really set up for a mass influx of small payments.

The registration and payment procedure that you use should be as professional as you ca

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

n make it. This fairly small part of the overall event paints a very vivid picture to your delegates of your capability and will be their first evide

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

Combination pro

nce of how the whole event experience is likely to be. If you handle this phase flawlessly, you may be excused small hiccups along the way. Make a me

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

ss of things here and your delegates will start marking your report card with red ink. The registration procedure

Take some time with your administ

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

rative staff to draw up a detailed process that should be followed consistently by anyone who takes a booking. Please don't just hand them a procedur

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

e that you have designed because you will end up shouldering the responsibility for any mistakes that are made down the line. If the process is co-ow

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

ned by everyone involved, they will feel more motivated to change the process to ensure that the same mistakes are not repeated.

A typical procedure

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

will consider all of the following:

• How will bookings be taken?

• By mail

• By phone

• By Email

• Online

• What type of database will t

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

Following aspects would a

he administrators use?

• Spreadsheet

• Paper based system

• Relational database

• If an online booking system is to be used, will it be in-ho

dd to the challenges in developing combination products:

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

use or outsourced to an organization like mybookingmanager.com?

• If an outsourced online booking system is used how will you synchronize the data

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

and how frequently will you do this?

• Will payments be accepted using bank transfer, credit card, business and/or personal check?

• How frequent

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

ly will the event managers and the event caterers require updates on booking statistics and delegate details?

Patricia took one look at the checklis

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

t and started researching online booking agents immediately. She reasoned that the workload necessary to do a first class job would probably entail b

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

Professional from academic institutions, pharmaceutical industries, health care indust

ringing in a temp and training him/her to do the job that the online booking agent could handle easily. The cost of having a temp in their already cr

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

amped office and the thought of designing a system, training them to use it and finding work for them to do when the phone wasn't ringing was already

.

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

giving her that headache. She also decided that the cach ? of being able to offer round-the-clock facilities for credit card booking and also a 24 h

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

Companies that provide selfless information through particip

our telephone answering service would impress their intended delegates.

This week the bookings are rolling in.

Copyright 2006 - MyBookingManager.co

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.diggit.org.ua/article/28500/diggit-Managing-Registrations-and-Payments-for-an-Event.html">Managing Registrations and Payments for an Event</a>

BB link (for phorums):
[url=http://www.diggit.org.ua/article/28500/diggit-Managing-Registrations-and-Payments-for-an-Event.html]Managing Registrations and Payments for an Event[/url]

A business may like to get more information from the cash book, such as the receipts from different heads of income and payments on .different accounts. In this case book may be split into two parts, one for receipts-Cash Receipts Book and another for payments-Cash Payments Book.

If you turn on the T.V, or open up a newspaper you are likely to find an ad for a work at home company. These schemes are on the rise and you can find them almost anywhere, from the telephone pole flyers, to television commercials. Do these companies really deliver on their promises?

If you are upgrading or changing your service in ways that affect your customers, send them advance warning and acknowledge openly what everyone already knows: things go wrong, upgrades take time, it takes effort to locate and iron out the wrinkles.

Tags

Links

Digg It - Managing Registrations and Payments for an Event

Related Articles: