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Main Subject - Russian Roulette: Or Doing Business in Eastern Bloc Countries
Your plane ticket may cost $1500.
As a Westerner, the risk of being kidnapped by fanatics is always p
As a Westerner, the risk of being kidnapped by fanatics is always p
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
resent.
You may want to read a few current books about the Art Of Negotiation before even contemplati
You may want to read a few current books about the Art Of Negotiation before even contemplati
; 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
ng a business venture in an Eastern Bloc country.
Your family, friends, boss or business partner may
Your family, friends, boss or business partner may
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
be hit for a million dollars or more to ensure your release and freedom, which is, without doubt, pric
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
eless.
On a monetary level, entering foreign markets and becoming an investor for the first time can
On a monetary level, entering foreign markets and becoming an investor for the first time can
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
be extremely daunting.
It is imperative that investors formulate a detailed plan prior to making thei
It is imperative that investors formulate a detailed plan prior to making thei
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
r first dollar of investment into Russia.
It is essential to gather advice and business people, attor
It is essential to gather advice and business people, attor
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
neys, tax advisors and other key advisors together in order to analyze your investment in its entirety
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
.
The one certainty in Russia is that over a period of time, the rules of the game will change. Be pr
The one certainty in Russia is that over a period of time, the rules of the game will change. Be pr
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
epared.
The investor may have to walk away, not every battle is worth fighting, although some battles
The investor may have to walk away, not every battle is worth fighting, although some battles
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
are necessary to fight in order to establish a precedent and the notion that the investor will not be
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
bullied.
The key is to take the time and energy to learn and understand what works and what doesn’t
The key is to take the time and energy to learn and understand what works and what doesn’t
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
work in Russia before entering the market and to stay on top of business and political developments th
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
roughout the life of a project.
More importantly, if you choose to work in a high-risk business world
More importantly, if you choose to work in a high-risk business world
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
and want to have the success without personal risk, follow a few simple rules.
Before even stepping
Before even stepping
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
foot on a plane to any Eastern Bloc country, organize security for your business trip.
Your personal
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
safety is of paramount importance.
Do not leave your hotel in Russia without a bodyguard.
Make sure
Do not leave your hotel in Russia without a bodyguard.
Make sure
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
the eyes in the back of your head are in perfect working order!
For business tactics take a pocket gu
For business tactics take a pocket 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
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
ide regarding Russian business, customs and etiquette.
In today's Mother Russia, kidnappings are a co
In today's Mother Russia, kidnappings are a co
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
mmon occurrence.
They are done in the name of religious fanatics and that evil commodity called Money
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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