Digg It - Business

Meteorologists claim, you can tell when you’re about to get hit by

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

lightening: The little hairs on the back of your neck stand strai

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

Examples of combination products may in

ght up, a sure sign that the air around you has become electricall

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

y charged.

Ditto for the workplace. You can tell when your compan

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

y is about to go into a downsizing storm and start zapping employe

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

Combination pro

es (although by the time the little hairs stand up on your neck, y

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

ou’re probably already in the middle of your exit interview), Here

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

are ten sure-fire ways to predict that your company is about to i

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

gnite the firing fireworks.

You go out to dinner and s

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

ee one of your company’s investors waiting tables.

You’re of

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

ered a lateral promotion to open an office in Haiti.

You get

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

Following aspects would a

a call from a recruiter who says he was referred by your ‘boss.

dd to the challenges in developing combination products:

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

Last year’s holiday party was at The Inn at Little Washington

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

. This year: The Vienna inn.

Your CFO went to the Grand Caym

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

ans on business six weeks ago and hasn’t been heard from since.

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

Your face is removed from the company group photo.

The v

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

Professional from academic institutions, pharmaceutical industries, health care indust

enetian blind cords in the HR office have been made into little ha

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

ngman’s nooses.

The company starts charging for coffee.

.

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

i>People start measuring your office and trying out the furniture.

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

Companies that provide selfless information through particip

Your intern is given your seat at the staff meeting.

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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Digg It - Tittle's Top Ten: Signs Your Company Is About To Downsize

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