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Video teleconferencing is gaining popularity by the minute. Gone are the days when business people have to go to the other end of the world just to meet up with a client or attend a meeting. With today’s computer technology,

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

the hassle and expenses of business traveling can now be overcome.

What is video teleconferencing?

Video teleconferencing is a communication tool where a number of people are being held together for a meeting, seminar or

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

Examples of combination products may in

onference. It is somehow similar to teleconferencing, but this time, you would not only get to hear the people you are talking to, but you would also see them face to face, virtually that is!

Industries where video teleconf

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

erencing is popularly used - Video teleconferencing is a very versatile technology that can be used in different fields. Here are some of them:

• Business

By far, the business industry has the most number of users of vide

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

teleconferencing. It proved to be a cost-effective way of gathering staff and managers from all parts of the world. Travel tickets and hotel expenses can now be avoided. That means more savings for the company, more profit!

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

Combination pro

• Education

A lot of people are discovering the method of education through distance learning. Video teleconferencing made this learning strategy even more beneficial to at-home students. Teachers can teach lessons and pr

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

vide instructions as if in a school set-up. What more, you can interact with your teacher or with other students.

• Health Care

A number of medical institutions are also using video teleconferencing to their advantage. The

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

y can conduct seminars or instructional meetings and get in touch with medical experts from all over the world.

• Security

A lot of security agencies use video teleconferencing to conduct their surveillance. They would oft

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

n use a hidden or spy camera then transmit the images to the host. Features and benefits of video teleconferencing The reason why video teleconferencing is becoming more and more popular is because of the number of feat

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

ures and benefits that it offers. Here are some advantages of video teleconferencing that would definitely entice you to use it for yourself.

• No-hassle preparation

If you would do a traditional conference, you would have

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

to allocate a venue and cover for the travel expenses of your staff. With a video teleconferencing, this is no longer needed. You can conduct meetings at the comfort of your own office seat plus you really do not need to res

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

Following aspects would a

erve as there are video teleconferencing providers who offer very versatile packages.

• Simultaneous Conferencing

With video teleconferencing the host can handle more than one meeting in one day. For instance, he can condu

dd to the challenges in developing combination products:

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

t a sales meeting in the morning and talk about exporting issues at night to a different audience. There is no limit to the purpose, audience and number of video teleconferencing that you can do in a day.

• Simple to use

V

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

ideo teleconferencing really doesn’t need any amount of technical skills or knowledge. Virtually anyone can use it. It has a simple procedure to operate, with no real technicalities. Your provider should take care of the set

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

up and all you have to do is talk and communicate with the people you need to get in touch with.

• No special equipments required

You really don’t need to have a big technical set-up to begin with a video teleconference. T

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

he duo of a television and camera would do the trick. Other providers may also use Internet technology to connect you with others.

• Seamless communication

With video teleconferencing, most providers would guarantee their

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

Professional from academic institutions, pharmaceutical industries, health care indust

sers a smooth-flowing, no- interruption communication. They are responsible for ensuring the efficient operation during your conferences.

• Playback options

A lot of companies would like their conferences and meetings reco

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

rded so that they can go back to it anytime and use it for references or simply keep them for filing. With video teleconferencing you are given the option for future playbacks so that you can keep a record of what transpired

.

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

during the conference.

• Low-cost

The amount of money that can be saved from video teleconferencing as opposed to traditional meetings and seminars cannot be overemphasized. The company would no longer shoulder plane ticke

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

Companies that provide selfless information through particip

ts to send their staff to other parts of the country. You can also forget about hotel costs and other living expenses that go along with traveling. With video teleconferencing, you get seamless communication at minimum cost

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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If you run a business, you are sure to have some customers who require a lot of follow-up before they pay you. Often you spend too much time and energy to collect money that is rightfully due to you. Giving this task to a collection agency will help you:

The use of repetition can also be very effective when telling a story. Repetition creates familiarity with your ideas, which in turn builds positive association. Repetition also makes a message more memorable. You need to repeat your message several times so your audience understands precisely what you are talking about and what you want them to do.

So you've decided to go into business for yourself on the internet. You've heard it's the perfect way to supplement your income with little or no investment. But what will you market to achieve fam...

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