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Main Subject - Networking: Breaking into the Buzz
Breaking into conversational groups is one of the things people ask me about when I'm conducting networking sessions. Th 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 ere's a buzz that hovers over a crowded room that comes from all those people conversing. You need to break into that bu ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in z to be a great networker. Let's face it, looking at a room full of people you don't know can be intimidating. At firs lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. t glance, it appears everyone knows everyone else — except you! The first thing
you need to remember is that this is no here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe true. The only difference between you and
all those others is that they have been in the room five minutes longer tha d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro n you
have. They have had an opportunity to begin a conversation with at least one
person, so they appear at ease. 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 ll you have to do is find one person to speak with,
and you will be just as at home. Ah, but that's the problem. How 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 do you break into the buzz? Here are a couple of
ideas. First, find the refreshment table or the bar, depending on th nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically time of day the event
is being held. Now you are going to make your way over there, but don't make a
mad dash with 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 your eye firmly locked on the coffee pot. Instead, walk over in a
leisurely way, looking over the people as you go. 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 may notice someone you
know, or someone you have been wanting to meet. If you note where they are
standing, you ca ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a n move in that direction once you have your coffee. A common mistake of neophyte networkers is to concentrate on picking dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod up food
and drink, ignoring the other networkers in the line. Don't do that, as they
represent your first opportunit cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin y to make a connection. You can make casual
conversation about the food, or even just introduce yourself. In either tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen ase, by the
time you both reach the end of the line you will have someone to converse with as
you move off into the r 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 oom. When you find yourself alone in a crowded room, practise the art of "hovering". Move towards a small group of peo ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust le who are having a conversation, but rather
than push right into the group, "hover" a yard or so outside the circle. y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products Someone will
invariably notice you and invite you in. If someone happens to be speaking at the
time, say something l . 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 ke, "Don't let me interrupt your story — it's interesting."
When they finish, that's the time to introduce yourself to elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip the rest of the group. If you use these ideas, you'll find it's not so hard to become part of that happy, noisy crowd 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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