Main Subject - Business

Did you know that one of the most common dreams is about being naked at school or in public? For most of us, that's a pretty scary thought! Well, don't worry. "Networking in the Nude" has nothing to do with being naked in public. The point of the title of this article is that you can do effective networking from the comfort 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

your own home – in your pajamas, your underwear, or even your birthday suit!

Networking can be broadly described as exchanging information with others.

Effective networking involves exchanging useful information that leads to mutually beneficial relationships.

Traditional

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

Examples of combination products may in

networking means doing that systematically and with intent: you determine your goal and objectives, plan your activities, take specific actions, and (if you do everything right), you reap the rewards.

Traditional networking also involves meeting people in person.

People who love traditional networking

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

may try to convince you that nothing is more effective than face-to-face communication. In many regards, that's true. It's natural for us to put more trust in people when we can look them in the eyes and see their smile.

That's why traditional networking focuses on face-to-face contact. In a perfect world, that 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

s the most effective way for everyone to build relationships.

But it's not a perfect world. And not everyone is comfortable with in-person networking.

Luckily, there are nontraditional networking activities that can be nearly as effective.

These nontraditional networking activi

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

Combination pro

ties might appeal to you if:

You don't enjoy talking to strangers or "schmoozing."

Your schedule doesn't allow you to attend networking meetings and events.

You don't want to bother with everything associated with traditional networking, such as: figuring out which events to attend; decidin

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

g what to wear; coming up with a clever "elevator speech"; hearing sales pitch after sales pitch from dozens of unskilled networkers interested only in promoting themselves and their business; handing out and collecting business cards; slapping a sticky nametag on your nice clothes; trying to figure out later which (if a

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

ny) of the people you met are worth following up with.

Addressing all forms of nontraditional networking is beyond the scope of this article. So we'll concentrate on one of the most powerful: virtual networking.

This is the kind of networking you can do in the nude (unless you use a web cam, then it

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

might not be such a good idea). It's done through your computer and the Internet.

Besides not having to deal with people face-to-face, virtual networking allows you to create contact lists and join online communities comprised of people from all over the world. Most of these people you would never meet in any other

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

way.

Your virtual network can grow larger and faster than any form of traditional network.

Other benefits of virtual networking:

You can get to know people without having to meet or exchange contact information. Remaining anonymous, you can visit their websites or blogs, subscribe t

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

o their electronic newsletters, read their comments in online forums, etc. If these activities convince you that they are people you’d like to get to know better and perhaps do business with, you can then initiate contact and start to build relationships with them.

Many websites, such as www.Ecademy.com, www.Linke

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

Following aspects would a

dIn.com, www.Ryze.com and others, are set up specifically to promote virtual networking. They offer simple ways to build contact lists and find people with whom to network, they provide information on effective networking strategies, and so forth.

Managing your list of virtual contacts is easier than organizing a

dd to the challenges in developing combination products:

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

stash of business cards. Many email programs include electronic address books or other contact management features that allow you to store (and quickly retrieve) information about the people in your network.

In other words, virtual networking eliminates the discomfort of meeting strangers and worrying about firs

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

t impressions; it enables you to network whenever you want, regardless of your location; it makes information exchanges faster and easier; and it allows you to more easily manage of large numbers of contacts.

Virtual networking can be done in many ways:

Participate in virtual networking events suc

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

h as webinars, teleseminars, and live online chat sessions. As technology improves, the need for in-person training events is disappearing. A great way to get to know the movers and shakers in your industry is to attend their virtual workshops and seminars. Ask questions, make comments, and get noticed (in a good way). After th

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

e event, send them a thank-you email with your feedback.

Become a member of online discussion forums that focus on your area of expertise. Most of them allow you to use an alias if you want to remain anonymous. Most of them also allow you to include information in your “signature block” (such as a link to your web

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

Professional from academic institutions, pharmaceutical industries, health care indust

site) that will enable readers to find out more about you. When joining a forum, be sure to read previous posts before making your own comments or asking questions. Once you’re familiar with the forum environment and its members, start participating by offering advice in response to questions. The more valuable your contributio

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

ns to the discussions, the better. Do NOT sell yourself or your services. Allow people to get to know you, like you, trust you. Then when they have a need for what you offer, they’ll seek you out!

Create your own website that offers valuable free content and showcases your expertise, services or products. Encourag

.

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

e interaction with your site visitors by inviting comments in response to a helpful blog or electronic newsletter. Let your personality show, so people will want to get to know you better. Remember, once they know you, like you and trust you, they’ll be more inclined to do business with you.

In Summary

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

Companies that provide selfless information through particip

R> Virtual networking, just like traditional networking, is all about getting people to know you, like you and trust you. It's all about building mutually beneficial relationships. Put other people first, find ways to help, and give whenever you can. Do this, and you'll reap the rewards – even if you're networking in the nude!

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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