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Digg It - Win-Win in Networking (The Networking Factor)
When it comes to networking, there is a common statement about “Win-win situations!” What is win-win when it co 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 mes to effective networking? Believe it or not... it’s about giving. Really, it’s no more or any less. If in f ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in ct, I am looking forward to meeting you, and helping you win is what I’d like to do then it goes without saying lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. “That it is better to give than to receive.” However, it is important to understand that when we help others here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe in; we ourselves will win by default because you can not give without receiving. It’s a universal law. “The mor d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro you give, the more you will receive.” Let your satisfaction come from knowing that you can only give from a pl 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 ce of plenty. Those of us that feel limited or feel as if though we are limited on resources we will not and ca 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 not give freely. It is such a wonderful opportunity to give information, resources, and access to others to h nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically lp them win at this game of life, and this game of business. By the way, do not underestimate the gift of your 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 resence or the gift of your smile. We will not always receive from the same person or people that we help, but ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi others will be lined up to assist us and to give back to us as well. It is important to remember that as trite ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a s it sounds, “Nothing can be accomplished without the help of other people!” I’d like to submit to you that yo dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod change or rid yourself of the expectancy of “win-win” but remember that real success comes from people helping cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin people. Sure we can call these people mentors, angels, coaches or counselors… but nothing happens nor will anyt tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen ing happen significantly until we make up our minds to support others. Networking, effective networking is abou 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 people helping people help people not because of what they do but because of who they are… we are all people! ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust As you network effectively remember, the concept of banking, “One must make deposits before making a withdrawal y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products ” Of course, the more deposits you make into the lives of others, the more withdrawals can be made by you when . 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 ou need the help of others, and you will need the help of others if not now, you will need the help of others i elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip the near future! The only way to make sure of having sufficient resources is to give, give, and give some more 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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