Main Subject - Business

If you often attend networking meetings sponsored by your local Chamber of

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

Commerce or some other industry group, perhaps after a trade show, conferen

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

Examples of combination products may in

e or on-going training requirement then I have some really good advice for

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

our about the name tags you will be wearing, you know those silly little; &

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

dquo;Hello My Name Is:” name tags? The ones you always forget to take

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

Combination pro

off and then someone you do not know after you have left the party says; &l

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

quo;HI, and your name!” and you look at them and think; Do I know thi

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

person? Yes those name tags.

Well there are some very cool things you can

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

do with your name tag and one that has always worked for me when I did not

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

now anyone is to simply write on it; “A New Friend” and let me

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

ell you people would laugh and joke and want to meet me and that in itself

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

Following aspects would a

ould be enough to break the ice and engage in a laugh or too followed by so

dd to the challenges in developing combination products:

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

e chit-chat and immediately leading into meaningful dialogue and communicat

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

on.

If you are single you can write; “Available” and that woul

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

get everyone laughing, guys would say to me; “Well, hell that ought

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

o work to get a date” or “What’s the matter you got the O

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

Professional from academic institutions, pharmaceutical industries, health care indust

line Dating Blues?” and the women would say; “OH, you are, are

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

ou?” or “So, how is it going so far?” Either way if you h

.

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

ve fun with your name tags at these types of events you will make instant f

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

Companies that provide selfless information through particip

iends and take off the edge; believe me it works. Consider all this in 2006

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 - Networking Name Tags and Ice Breakers

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