Main Subject - Business

When asked to write a small piece pertaining to ethics and integrity in the business world, my first inclination was to draw on persona

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

l experience.

Everyone has bad experiences to relate. We deal with a business, determine that we were treated shabbily therefore that

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

Examples of combination products may in

business has no integrity. Or perhaps we disagree on the implementation of a refund, hence the business or owner has no ethics.

Rathe

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

than using ethics or integrity to describe business practices, a better definition might be "character".

My dusty old copy of Webster

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 New World Dictionary provides the following definitions for use in this context:

-ethics...the study of standards of conduct and mo

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

Combination pro

al judgment; moral philosophy.

-integrity...the quality or state of being of sound moral principle; uprightness, honesty, and sincerit

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

.

-character...an individual's pattern of behavior or personality; moral constitution. moral strength; self-discipline, fortitude, et

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

c. reputation.

If you will look at these definitions you can see that ethics relates to standards of conduct. Period. Ethics are...n

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

good or bad comes into the mix. Integrity either is or isn't. Sound moral principle is relative to the observer or end user.

It sta

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

ds to reason, therefore, that the best measure of good or bad practice falls to basic "character".

Okay, so what does all of this hav

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

to do with business. Well, I wish I had a nickel for every time someone has asked me the following questions:

"How do I tell

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

Following aspects would a

if a business is good or bad?"

"How do I know where to shop?"

"Are they a good business?"

My response is always the same...c

dd to the challenges in developing combination products:

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

eck the fruit on the tree. What is the pattern of behavior? What is the company's reactive personality? Is the moral constitution fl

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

xible rather than rigid? Check the reputation.

The offline world provides numerous resources to determine the patterns and trends of

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

businesses. Trade associations, chambers of commerce, better business bureaus etc.

In the online world, however, we are still treadin

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

murky waters when it comes to measuring the "character" of a business. By far, the best route to take are testimonials.

Testimonials

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

Professional from academic institutions, pharmaceutical industries, health care indust

on your website are powerful. But, they must be honest and sincere. Don't just make them up. Add a link back to the provider and it

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

will increase your credibility TENFOLD!

Now I know what you're thinking, "Who wants to be answering tons of email for ME?" Nobody. T

.

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

at's why you use the technology available at your fingertips. With the permission of the author, use a line or two of their testimonial

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

Companies that provide selfless information through particip

on your site with a link to an autoresponder for the full message.

Now, sit back and watch your credibility soar!

Patty Baldwin © 200

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.mainsubjects.org.ua/article/19047/mainsubjects-Ethics-How-To-Take-the-Measure-Business.html">Ethics? How To Take the Measure Business</a>

BB link (for phorums):
[url=http://www.mainsubjects.org.ua/article/19047/mainsubjects-Ethics-How-To-Take-the-Measure-Business.html]Ethics? How To Take the Measure Business[/url]

If you are opening a dollar store you will soon find that there are many little activities that must be routinely completed. Among those items is the need to complete routine store maintenance. While this is little fun to do it is important to the success of your business. In fact weekly store inspection and maintenance should be performed as a matter of practice.

Considering a new degree for a midlife career change? Education programs offer express lanes to find your dream career. But choosing the wrong program can land you on the wrong side of a Sixty Minutes Story. Discover how to tell the difference.

Toll free numbers are no longer only for big corporations. If you have a business today, and want to be seen as serious, you absolutely need a toll free number.

Tags

Links

Main Subject - Ethics? How To Take the Measure Business

Related Articles: