Main Subject - Business

Have you ever considered offering an informational or instructional seminar to attract more clients or customers? If you have, what kept you from following through with it? If yo

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

u haven't considered it, why not?

The benefits you’ll receive—in both income and future opportunities--far outweigh the time and effort it will take to prepare a workshop or any

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

Examples of combination products may in

public speaking anxiety you may feel.

Here are five reasons why you should offer a workshop or seminar to promote your business.

1. To position yourself as an expert in you

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

field - People like to work with experts. The news media consults with experts. How do most people earn that designation? Through education and experience, certainly.

But

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

how do people become recognized as experts? Oftentimes it's through writing and speaking on their field of expertise.

When you lead a workshop or seminar,
people aut

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

Combination pro

omatically see you as an expert!

2. To learn more about your customers wants and needs – It’s easy to focus so much of your time on running your busine

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

s that you forget why you're in business: to provide a product or service to your customers.

When you offer a instructional workshop or informational seminar you can find out wh

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

at your customers really want or need. You can identify gaps in their understanding of your products or services. Then you can find ways to fill or close those gaps.

Semin

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

ars and workshops provide a low-cost,
informal way to update your market research!

3. To increase awareness of your business - Workshops offered

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

hrough adult education centers are typically listed in a catalog that is mailed to every home in the community. Current customers, potential clients, or media people will flip th

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

rough the catalog, see your workshop description and instructor’s bio (a short blurb about you and your business) and gain a new or better awareness of how you can help them. The

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

Following aspects would a

y may not take your class, but they may suggest it to a friend or colleague.

Workshop descriptions and word-of-mouth referrals
help you promote your business!
dd to the challenges in developing combination products:

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

4. To develop informational products as another income stream - As you prepare for your seminars and workshops you’ll probably create handouts, worksheets, a
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
nd resource lists that will help participants during the course. These items can be combined and retooled into booklets, books, and workbooks. You can record your presentation in
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
to audio or video format. These items will all help promote your business and produce additional income.

Informational products are always in demand by consumers
who
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
want to learn more in less time.

5. To keep your knowledge fresh and current - When you offer informational seminars or instructional workshops you'll
ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust
always be on the lookout for the latest improvements or advances in your field. You’ll be aware of how current events impact your industry. You’ll be on the cutting edge; but you
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
’ll also know when and why the old ways are the best ways.

Customers remain loyal when they believe
you can provide them with all the options
and then offer gu
.

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
dance on the best options!

There you have it--five reasons to promote your business with seminars and workshops. As you can see, the benefits are tremendous.
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip
If you're looking for a way to reach more people, with less effort, and with better results, consider developing your own informational seminar or instructional workshop.

~~~

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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Main Subject - 5 Reasons to Promote Your Business With Seminars & Workshops

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