Main Subject - Business

When you work for a small IT company, you will have each tech invoice at the clie

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

nt's site when the job is completed. This may not have worked very well for you.

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

Examples of combination products may in

Often jobs span many visits, the tech needs to run out for an emergency, etc., et

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

c. As you may guess, you often run behind in invoicing. I personally believe that

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

we should invoice on-site for small jobs (like one time clients), but invoice on

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

Combination pro

a monthly basis for those clients that do not have a monthly service plan with y

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

ou, but still require steady IT service throughout the year. Is this how most sma

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

ll IT companies do it, or is there a better way?

In order to accomplish mont

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

hly invoicing, you need to have our techs consistently and accurately record thei

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

r time for each job. Would this be best done via a printed out weekly time sheet?

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

Well, once you have this, you then need to aggregate all time sheets into one da

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

Following aspects would a

tabase.

The easiest option considered is using an Excel file to track your

dd to the challenges in developing combination products:

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

techs' time? Design the file to meet your requirements, including one for time ac

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

counting and one for providing call details (actions taken, parts used, etc.). We

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

may not be familiar with how the data is entered into the pay system at corporat

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

e, but a CSV export imports into almost everything.

This is merely an exampl

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

Professional from academic institutions, pharmaceutical industries, health care indust

e from a small industry of this various infrastructural setup across the globe. E

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

veryone talks about employee time tracking. Here is an example of organizing the

.

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

time tracking systems that fits the job profile as well. Small areas of wide indu

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

Companies that provide selfless information through particip

stries, however can easily turn a successfully implemented system a total failure

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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