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Digg It - Technology Help Small to Mid Size Companies Achieve Their Financial Goals
Today, IT solutions are aiding small and mid-sized companies alike, as they compete with Fortune 500 companies for a piece of the pie. We live in an age of fierce competitiveness, fiscal concern, and global turmoil and uncertainty. Companies are working hard to continually imp
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
rove operational efficiency. Many are looking to IT (information technology) to reduce operating costs and increase efficiency by automating and streamlining existing business processes.
Smart companies are achieving their business and financial goals by embracing and making t
Smart companies are achieving their business and financial goals by embracing and making t
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
echnology work for them. Porcelain Patch is one such small company that has embraced Internet Technology to help improve the bottom line while enhancing customer service. Since 1938, Porcelain Patch and Glaze has prided itself on offering the finest electrostatic painting and
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
orcelain reglazing services to homeowners, office managers and building managers all over New England. Porcelain Patch can point to over a half-century of experience and a long list of satisfied customers. At this time, the company employs 12 field technicians, 2 full time sale
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
s people and 2 customer service/marketing representatives. They have been in Watertown, MA since the mid 1960’s.
As the president and owner of Porcelain Patch, Jonathan Gleason is always looking for ways to further gain efficiency and maintain customer loyalty, while keeping o
As the president and owner of Porcelain Patch, Jonathan Gleason is always looking for ways to further gain efficiency and maintain customer loyalty, while keeping o
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
perating costs down. He is a technology buff and a true believer in utilizing IT to gain a competitive edge. As a starting point, Jonathan recognized long ago that in today’s Internet-driven business environment, a strong web presence is not only mandatory, but also it is the
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
ost valuable marketing tool that can set him apart from his competitors. He also understood that a web site can ONLY be effective if it is keeps up with the dynamic nature of the Internet and provides up-to-date information to its visitors. This, he realized, was the major ch
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
allenge – one that required a lot of resources.
To make the web site an effective marketing tool, Jonathan commissioned Blue Robin Inc., to build a new web infrastructure for Porcelain Patch – one that can be organic. The new platform was built with a powerful Content Managem
To make the web site an effective marketing tool, Jonathan commissioned Blue Robin Inc., to build a new web infrastructure for Porcelain Patch – one that can be organic. The new platform was built with a powerful Content Managem
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
ent System (CMS) through which authorized personnel can update the content of the site on-the-fly.
With its EZedit™, Blue Robin focused to deliver a robust, full-featured Content Management System to Porcelain Patch with a user-friendly environment that can accommodate multipl
With its EZedit™, Blue Robin focused to deliver a robust, full-featured Content Management System to Porcelain Patch with a user-friendly environment that can accommodate multipl
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
users at the company, with varying skill levels. The CMS provides Porcelain Patch with an easy-to-use, multi-level authenticated text and HTML editor with similar features and functionalities of popular word processing applications, which their employees were already familiar
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
with using. The company took to the implementation of the new web site with its CMS, like a duck takes to water.
As a result, in 2007, the company’s website has turned into one of the most cost effective and important lead generators and image builder. In such a short time fra
As a result, in 2007, the company’s website has turned into one of the most cost effective and important lead generators and image builder. In such a short time fra
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
me, Porcelain Patch has transformed its marketing from using a full page in their local Yellow Pages book to a cyber-based strategy to increase revenue by generating more traffic to its web site.
Another item that Jonathan had identified as a cost area was his company’s tradit
Another item that Jonathan had identified as a cost area was his company’s tradit
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
onal phone system. Beyond the cost, the phone system was posing all kinds of problems that impacted customer service and created a bottle neck. Jonathan wanted a sophisticated phone system similar to the one used by the fortune 500 companies, without the high price tag. Jonat
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
han began looking into Voice Over IP technology (VoIP) and did a significant amount of research into what companies could provide the most useful and cost effective solutions, before committing again to Blue Robin, Inc.’s Enterprise Voip™ phone system.
The most important bene
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
fit of VoIP is its cost savings for Porcelain patch. Blue Robin’s Enterprise VoIP™ has offered significant cost savings while providing numerous new features.
Jonathan had long ago understood that to compete effectively in the eWorld, his business infrastructure must have two
Jonathan had long ago understood that to compete effectively in the eWorld, his business infrastructure must have two
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
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
ssential components: A High-speed Internet connection and a sophisticated phone system. The arrival of VoIP technology makes it possible to say goodbye to traditional phone and PBX phone systems as well as the high cost associated with multiple phone lines. As a matter of reco
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
rd, the #1 reason Porcelain Patch adopted a VoIP phone system was cost, cost and cost. The Enterprise Voip™ system from Blue Robin is much less expensive to deploy than a traditional PBX and it has been far cheaper month-to-month than paying the large phone bills Porcelain Pat
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ch used to have. In addition to the reduced monthly cost of the Enterprise Voip™ phone system, the company also looked to keep the initial and any recurring charges down, as well as ensuring ease of implementation and use. Blue Robin was able to successfully meet and exceed all
.
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
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
of Porcelain Patch’s requirements.
Like many corporations today, Porcelain Patch is experiencing the advantages of IT first hand as a key component of its business strategies. Jonathan will continue to use new technology to drastically change their business functions and to sh
Like many corporations today, Porcelain Patch is experiencing the advantages of IT first hand as a key component of its business strategies. Jonathan will continue to use new technology to drastically change their business functions and to sh
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
ift cost structures resulting in what some call the, “information based organization.” Implementing today’s new technologies shows how a business can successfully grow from within, creating a cycle of cost control, leading to better products and services, leading to more growth
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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