Main Subject - Business

Fall is in the air – soon leaves will be changing and the weather will be crisp and clear. This is the time for football, bac

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

k to school….. and back to the arts.

Fall and winter comprise what is known as high season for many different types of perfor

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

Examples of combination products may in

mance and exhibition organizations – Ballet, Opera, Theater – all are in full swing, taking advantage of the increased audienc

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

s during the school-year routine schedule and holidays.

Even though directors and producers may be swamped with all of the de

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

tails of planning for and producing shows, you should also remember to organize all of your attachment information for next ye

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

Combination pro

r’s fundraising campaign.

This is absolutely the best time to gather and organize everything you will need to make your grant

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

writing campaign a success for next year:

• Keep plenty of samples of your most impressive programs to use as grant attachme

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

nts. This goes for brochures, newsletters, advertisements, and email campaigns too.

• Gather all of the wonderful press you

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

eceive – news stories, mentions on websites, reviews. This is terrific support material for showing community support and art

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

istic growth.

• Keep all letters that you receive – even emails – from patrons who enjoyed your spectacular production.

• Ge

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

the stats – how many people attended each show or exhibit, how much did you earn, who performed, tickets sold, waiting list t

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

Following aspects would a

hat could not be accommodated – this is great justification for increased funding for a larger venue or additional performance

dd to the challenges in developing combination products:

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

s.

• Make sure to collect each and every email address, phone number, and address that you can from anyone attending – then c

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

nduct that fundraising drive in the off season using all of this information.

• Keep track of expenses – advertising, space r

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

entals, etc. – for each performance and revise your operating budget for next year accordingly.

File and track all of this in

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

ormation by show, event, or exhibit. Then for each grant application, you can combine it accordingly –by venue perhaps if you

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

Professional from academic institutions, pharmaceutical industries, health care indust

want to prove that you need extra nights in smaller venues, or by type of programming if you want to approach a children’s fu

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

nder, or by type of artist if international programming proved particularly successful. Think of new types of funders to appr

.

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

ach for your basic programming. Or ask your grant writer for advice.

It may be hard to plan ahead, but it is easier to keep

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

Companies that provide selfless information through particip

track now than it will be to try to recover lost information later, in the middle of a grant request and up against a deadline

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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Marketing is one of the most important factors facing your business each day. When you think about it, marketing has a direct impact on every factor involved with your ultimate success or failure. With this in mind, it becomes obvious that a healthy advertising strategy is vital to the health of your business.

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