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  • Main Subject - Finding Networking Opportunities Is Easy

    Business networking is all about forming strong relationships built on mutual respect and trust. Those relationships are the , The basis for the single most important tool that we all need if we want to survive in the com
    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
    petitive 21st century.

    I'm talking about referrals and today's savvy business professionals know that,just as night 
follows day,networking leads to referral business.

    Opportunities to network--to meet people for
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    utual support (and 
eventually referrals)--are everywhere. Here are just a few places to 
consider starting your networking efforts:

  • Professional Associations
    Join your professional associatio
  • lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    . It's a powerful source of 
richly rewarding contacts that can result in a tremendous number of referrals from people with a different specialty than yours. If possible, join the professional association of your t
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    rget market. 
Form networking relationships there. See and be seen among the members and before you 
know it, you will be considered the "go-to" person in your industry.

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

    Combination pro
    Whether you're interested in sports, the Internet, politics, crafts, 
poetry, theater, travel, or underwater basket weaving, there are other people who share your interests. Ask around, look at your local newspape
    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
    listings or search the Internet for groups you can join.

  • Newcomers Clubs
    If you're new to a city and haven't had the chance to meet many 
people yet, you'll be delighted to learn that a lot of com
  • 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
    unities all 
over the world have clubs for people just like you.

    Type your town or city and the term "newcomers club" into your 
favorite search engine and you'll be able to tap into people who can help you s
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    art networking in your area.

  • Networking Events
    Again, go to your favorite search engine. Type in your locale and 
the term "networking events."

  • Your Local Newspaper
    Review the bu
  • 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
    iness section of your local newspaper. Often they list upcoming events for the week in Monday's edition. If you can't find any networking opportunities listed there, call a business reporter 
and ask him or her to p
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    int you in the right direction. The call 
itself can be a very powerful networking moment.

  • Leads Groups
    These are structured networking organizations usually limited to one person per occupation. T
  • ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    he purpose is primarily to exchange business referrals, and the amount of business that comes from a well-run group can be staggering. I started and ran my own leads groups for over a decade and I know how powerful they c
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    n be in accelerating business growth.

    Again, ask around for a good group in your area or search the search engines under "business networks," "leads groups," or "referral groups" plus your town or city's name.

  • Wo
  • cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    kshops and Seminars
    These can be wonderful networking opportunities, especially the ones 
that run over several days. Take advantage of the interactive exercises and the breaks to get to know other partic
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    pants. Staying 
in touch after the event is over is key in deepening those 
relationships

  • Volunteering
    Do something good for others while creating lasting relationships with your volunteer col
  • 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
    eagues. Knock people's socks off with what 
you do as a volunteer and it will give people an indication of how you 
conduct your business. This will make you incredibly attractive to 
potential referral
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    artners in the group.

  • Chambers of Commerce
    Check out the networking opportunities that your local Chamber of 
Commerce offers. Also use them as a resource for finding other networking events in your
  • y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    community.

  • Parental Networking
    Opportunities abound to meet people through your children. Whether you're leading a Scout troop, chaperoning a dance, attending a soccer game, setting up carpools, or mannin
  • .

    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
    a booth at a bake sale, doesn't 
matter. What matters is that it's pretty well impossible not to create relationships with other parents when you are surrounded by them.

  • The Best Place to Network
    T
  • elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    e best place to network is always where members of your target market hang out.

    Bottom Line:If you want more business, you need referrals, and if you want referrals, you need to network.

    (c) Copyright Leni Chauvi


    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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