Main Subject - Business

The biggest mistake when business networking is to look for customers. No one knows you, no one trusts you and no one likes to be sold. So, wh

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

at should you do, ask for referrals? Nope. That’s the second biggest mistake. Why should I give you anything if we’re not friends?

Am I sayi

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

Examples of combination products may in

g you should business network to make friends?

That’s exactly what I’m saying.

Many salespeople are blabber-mouths. They tell you everything

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

they know about their products, as if they can talk you into buying right there at a networking meeting. Maybe it’s to be expected. In America

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 swim through an ocean of obnoxious sales messages all day long. Perhaps, when we sell for the first time, we can’t help but sound like all

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

Combination pro

he bad commercials we’ve absorbed throughout our lives.

Test this at your next networking meeting. See if people tell you everything they know

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

about their product when you ask them a simple question. More importantly, see if you do it, and watch how people respond when they are talked

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.

We are savvier than ever before and less tolerant of sales pitches. We can smell them a mile away. We run, we hide, we TIVO, we channel s

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

urf – we do whatever it takes to avoid all kinds of marketing. We have to. We are bombarded and we want peace.

I just had a woman come to my

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

oor, no joke, at 7:45 p.m., while I was writing this paragraph, to interest me in a free pizza from a new pizza place nearby. 7:45 p.m.! I tol

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

her, kindly, I am not interested in any marketing or advertising messages at my front door, thank you very much.

Want to push people away? Ta

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

Following aspects would a

lk at them about your product before they ask you anything about it. Want to make friends? Here’s how.

Love people. That’s right. Just love

dd to the challenges in developing combination products:

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

them. Love who they are. Love what they say. Give them 100 percent permission to do and say whatever they’d like. Just take them in. If 90

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

percent of success is to just show up, the other 10 percent is caring.

Your feelings about people can be felt. You hide nothing. That’s why t

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

e best thing to give when you network is a real liking, a real love, a real appreciation of people. When people talk, listen. When they ask yo

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

a question, watch out. Right there you might be tempted to say a lot. Don’t. Instead, give simple answers to simple questions and see if the

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

Professional from academic institutions, pharmaceutical industries, health care indust

person wants to know more. If they don’t, ask them a question about themselves.

I’ll repeat that in case you missed it. Ask them a question

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

bout themselves, not about their product or service. And don’t ask them questions to qualify them as customers. That’s the kiss of death. You

.

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

might as well reach in their pocket and pull out their wallet. Instead, engage, connect, and enjoy each person as an individual. Then, when y

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

Companies that provide selfless information through particip

u become friends, you’ll do what friends do naturally. You’ll help each other.

Now relax, pretend you’re at a party, and go network like a pro

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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Sometimes we say the most crazy things particularly when writing a snappy headline. Consider the following small collection of gaffes by intelligent people who meant well shame they really didn't take a closer look.

When you are looking at making money from taking online paid surveys, following tips can help -

Generally speaking, marketing inefficiencies are due to one or more of three reasons.

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