Digg It - Business

Are you able to get the most out of your conversations? Especially when you o

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

nly have a few minutes of the other person's attention?

Well, to do this, yo

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

Examples of combination products may in

u must be focused.

Here's what I mean:

Several years ago, I attended a netw

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

orking event at which there was a speaker who quite impressed me.

I went up

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

to speak with him afterwards. There were many others who also wanted to speak

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

Combination pro

with him, so my time with him was limited.

I did manage to have a brief con

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

versation with him, but I walked away feeling disappointed.

As I drove back

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

home, I wondered why I felt this way.

I realized that it was because I didn'

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

t get the information I wanted from him.

"What did we talk about?"

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

I wondered.

That's when I realized that I had wasted my precious minutes wit

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

h him.

Although I had a specific question I wanted to ask him, I didn't actu

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

Following aspects would a

ally ask it!

Instead I meandered around, hoping he would understand what I w

dd to the challenges in developing combination products:

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

anted to ask him. Well, he didn't.

So our conversation ended and I lost my o

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

pportunity.

Ever since that incident, I am very particular about formulating

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

my question or simply making sure I'm clear about why I want to tal

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

k with a person, before I start any conversation.

It helps me focus.

And it

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

Professional from academic institutions, pharmaceutical industries, health care indust

helps me get what I want from the conversation.

When I work with private cl

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

ients, we can spend months on such topics.

However, this is one very sim

.

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

ple thing you can do to get started right away, towards getting the most

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

Companies that provide selfless information through particip

out of any conversation, no matter how brief.

Try it out. See what happens.

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/31817/diggit-Effortless-Networking-Getting-the-Most-out-of-your-Conversations.html">Effortless Networking: Getting the Most out of your Conversations</a>

BB link (for phorums):
[url=http://www.diggit.org.ua/article/31817/diggit-Effortless-Networking-Getting-the-Most-out-of-your-Conversations.html]Effortless Networking: Getting the Most out of your Conversations[/url]

Here finally a business directory with the needs of businessman in mind. A venture of a Business to search for information, and the venture of Netlink Solutions India Limited to provide the information via easy2source.com with no occurrences by co-incidence. The divisions namely, Gifts & Accessories Magazine, Aditya Infotech, and gnaol.com along with easy2source.com form an enviable combination of information providing entities.

The starting point, we believe, for anyone trying to get their head around how and why franchising works, is to read everything you can get your hands on before parting with your life savings! Do not believe what franchisor's advertisements say. Try to be as unemotional as possible as to what you really want from a franchise relationship. Like most things in life that look simple on the surface, franchising is a complex Pandora's Box, as often it is not the obvious stuff, you really need to understand.

Many people only network when they're looking for a job. However, finding a job is the result of good networking rather than the immediate outcome. Instead, business professionals should concentrate more on building relationships with people no matter what their immediate needs may be. By taking this approach, you will then be able to contact people in your network for needs such as jobs, sales leads and partnership opportunities.

Tags

Links

Digg It - Effortless Networking: Getting the Most out of your Conversations

Related Articles: