Main Subject - Business

Networking is a productive activity. But to benefit the productivity to i

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

ts full extent you should network the way you would organize other activi

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

Examples of combination products may in

ties.

There is a difference between networking and selling. Networking m

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

ight be familiar to selling, but it is different in the fact that sales i

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

dedicated to a specific service (that you offer in this case). When you

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

Combination pro

network you do not sell something, but you rather match. Networking is a

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

bout exchanging information and knowledge. You could exchange information

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

about (other) people, about you, or even about information and knowledge

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

about specific topics.

The goal of networking is to find a match. And th

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

is always includes two sides: You and the group, or you and the other.

T

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

ink for this last example about dating someone, and you communicate about

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

Following aspects would a

mutual interests. The better the match, the more of a chance that both a

dd to the challenges in developing combination products:

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

gree in a next step.

So if networking is about matching, you should focu

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

s on moving in networks where your input is feasible to match.

If you en

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

er a business network that is focused on information and contribution of

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

specific knowledge and you are in for just knowing people and socializing

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

Professional from academic institutions, pharmaceutical industries, health care indust

, the match chances are poor.

If you enter a group or business network t

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

at is focused on referrals and your input is knowledge the chances are al

.

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

so minor.

Networking is possible at any time, but most networking events

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

Companies that provide selfless information through particip

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 - How to Increase the Chance of a Match When Networking

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