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Christmas parties are a great time to get everyone together, and have a great time, imbibing massive amount of liquor, destroying piles

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

of food, and dancing enough to kick up a storm. When it comes to setting the party up, there is the debate of whether to let the guest

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

Examples of combination products may in

sit down and be served, or to give them a buffet line.

Each has its pluses and minuses. The buffet allows people to serve themselves

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

nd decide what they want with little waste on their plates. They can decide their portions, and how much they wish to eat. Also, set 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

can be as little (just put plates and silverware in a central location), or as much (with full setting) as you like. Drinks are also de

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

Combination pro

atable, as you can have a central location, wait staff to serve drinks, or just have drinks available on the table. A good compromise,

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

especially if you are serving champagne, is to have drinks available at a central location, and a bottle or two of champagne at each ta

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

le.

From a cost perspective, you do save some, as the waiting is not necessary and you only need a clean-up crew late in the meal. How

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

ver, clean-up can take longer, as thee various chafing dishes need to cleaned up at the end of the night, and the various dishes may ne

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

d to be checked for how long they have been out (some foods have a limit as to how long they can be in an open-air dish). Also, if you

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

ave a large number of people walking around, this may be preferable as otherwise they will be running into wait staff constantly.

Serv

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

Following aspects would a

ing your guests, however, adds a certain level of elegance to the affair. Although the wait staff will definitely earn their money, esp

dd to the challenges in developing combination products:

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

cially when it comes to refilling drinks, a sit-down dinner is definitely more elegant. Although will try to get larger or smaller port

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

ons, there will be enough variety that most will be happy, especially if they are given a choice of entr?e and salad dressing. Also, yo

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

will have fewer accidents and spills.

The basic two considerations are if you expect the crowd to do a lot of walking around, and if

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

ou want to do something truly special. If you expect a lot of walking around, the buffet is obviously superior, as otherwise there will

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

Professional from academic institutions, pharmaceutical industries, health care indust

be a lot of crashes between the wait staff and the partiers. However, a sit-down dinner is better if there will be a lot of speeches a

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

d toasts given. Also, the sit-down is generally considered classier, and that may be a consideration with the right crowd.

Regardless

.

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

f which method you choose, do see what preferences people have as to what you will serve. Always make sure that there is a vegetarian d

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

Companies that provide selfless information through particip

sh, especially as vegetarianism is on the rise. Otherwise, choose which method would seem to fit your crowd better, and enjoy the party

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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More than a few people prefer to form corporations to protect their businesses, but look for a more favorable tax situation. The answer, of course, is the S-corporation.

E-procurement helps companies cut costs and increase productivity by implementing automation in purchase process. This automation reduces overheads and wastages that usually occur in traditional purchases. In spite of the slowing global economy, more and more companies are awakening to the benefits of automation. Numerous software companies cater to the procurement needs by providing quality e-procurement services. A good software managing online purchasing handles all aspects of the purchase process, ranging from the requisition to the arrival of goods. Standard e-procurement software features RFQ (Request For Quotation), automatic bidding and automated negotiation tools.

The process for a private company to go pubilc can be complex and time consuming. This article details some of the top-level factors that affect the timing.

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