Main Subject - Business

For some people, a networking event is excruciating, intimidating and even feels physically and emotionally painful. Some people consider networking to be a waste of t

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

ime, because they don’t see immediate results.

To others, networking is fun. It is something they look forward to. These people are the ones you see who look like na

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

Examples of combination products may in

turals. They are visibly enjoying themselves and look as though they are spending time with old friends.

So, what’s the difference between the two? Is there a secret

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

to successful networking?

There are no secrets for successful networking, but there are some very valuable and simple steps to follow to make your networking experienc

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

e something that is both enjoyable and profitable for you.

Businesses have found that networking can be one of the most efficient, effective and cost-effective ways of

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

Combination pro

marketing your business, your products and your services. Networking is a great way for you to become known within a community of individuals who are also coming toget

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

her for the purpose of marketing themselves and their business.

So, if everyone goes to a networking meeting to become known, how could networking possibly work? The

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

answer lies in the INTENTION of the attendees.

You see, the most successful Networkers know that networking is not all about them. It’s not about handing out and coll

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

cting as many business cards as possible in an hour and a half. It’s not about continually talking about them and being the center of attention.

The most successful N

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

etworkers know that networking is ALL about creating relationships. It’s about making connections, showing up and being fully present. It’s also about consistency.

Y

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

u see, networking is not a one-shot deal. Networking is a process. And great relationships don’t happen in a single meeting… they grow over time.

The purpose of netw

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

Following aspects would a

orking is to be with groups of people often enough so that you get to know them and they get to know you. Great relationships occur over a series of conversations, not

dd to the challenges in developing combination products:

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

just a 30-second introductory “commercial”.

This is not to say that you can’t go to a meeting one time and meet the exact person who has the perfect contact for you t

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

expand your business. What is true is this: If you are meeting the perfect person with the perfect contacts for the first time, will they feel comfortable referring

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

you? Will they be willing, on the first time meeting you, to refer you to their long-time colleagues and associates, family and friends?

Think about it… When you refe

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

someone, your OWN reputation goes right along with that referral. If you refer someone and it works out, then you’re a hero and the person you gave the referral to wi

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

Professional from academic institutions, pharmaceutical industries, health care indust

ll trust your judgment in the future. If it doesn’t work out, then they might be less likely to trust your referrals and you. Therefore, it is important to get to kno

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

w the people you will be referring and to let them get to know you. This way they feel good about referring you and you feel good about referring them. This is what c

.

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

eating relationships is about. This is what great networking is about.

It’s not about selling. It’s not about you. It’s about the group. It’s about getting to real

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

Companies that provide selfless information through particip

ly know people and letting them get to really know you. It’s about consistently showing up, and especially, successful networking is about creating great relationships

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.mainsubjects.org.ua/article/32081/mainsubjects-How-to-Make-Networking-Work-For-You-Part-1.html">How to Make Networking Work For You, Part 1</a>

BB link (for phorums):
[url=http://www.mainsubjects.org.ua/article/32081/mainsubjects-How-to-Make-Networking-Work-For-You-Part-1.html]How to Make Networking Work For You, Part 1[/url]

Paper shredders work by cutting sheets of paper into many very small pieces, making it difficult for thieves or corporate spies to reassemble the documents and gain private information. Some shredders cut the paper vertically into ribbons, while others cut the paper in a cross cutting motion, making it much harder to reassemble the page.

Do you want to change your job but don’t know the right way to go about it? Are you vacillating between waiting for your dream job or accepting the first one that comes your way? Or are you a fresher falling in line with what your parents wish you to be rather than what you wish to be? If this is the kind of situation you find yourself in, then the next few minutes will help you get a clearer picture. Here is our bowl of chicken soup for the job seeker’s soul. Read on...

Tags

Links

Main Subject - How to Make Networking Work For You, Part 1

Related Articles: