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Main Subject - Offshore Outsourcing Destinations - You Should Consider Brazil?
When you look around the world for likely IT offshore outsourcing destinations you may want to open your view a little to the south toward Brazil. Software programming is becoming a global commodity and Brazil offers
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
the clear advantage of time zone, easy travel, and low cost IT professionals. Imagine skilled English speaking IT professionals at 50-70% less, working in the same business day as the Eastern U.S.A. The bill rate
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
may not be as low as India and China, however, your ability to benefit from joint creativity during all parts of the development life cycle will far out weigh the difference. Top people in all countries seldom work n
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
ights. With Brazil's time zone, the best and brightest are working in the same work day that you work. Even with well documented requirements, if your team can’t communicate often and freely due to time zone, you may
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
not end up with what the user really wants?
Yes I know, you are probably wondering why you seldom hear of Brazil. This country hardly ever hits the radar when the decision is made to start looking offshore. And th
Yes I know, you are probably wondering why you seldom hear of Brazil. This country hardly ever hits the radar when the decision is made to start looking offshore. And th
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
ose U.S. companies that find Brazil seldom flaunt it, keeping it a best kept secret. Companies like AGCO, Alcatel, American Express, Blue Cross Blue Shield, Caterpillar, Citibank, Deutsche Bank and the list goes on.
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
Brazil unlike India, has a huge domestic IT market that has only recently looked offshore for opportunities.
One good reason to consider doing business with Brazil is security. They respect your patent, copyright,
One good reason to consider doing business with Brazil is security. They respect your patent, copyright,
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
nd trade mark under penalty of law. Enforcement of intellectual property laws should be a major concern of businesses that venture offshore for IT development. Brazil has intellectual property protection legislation
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
that is substantially similar to that of the United States which should put you at ease. Brazil enacted its first intellectual property law in 1887 and has current laws that are in line with international standards.
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
Legal penalties for infringement can be civil or even criminal in Brazil.
In today’s world, data security is very important. Brazil rates better (62)on Transparency International’s Corruption Perceptions Index for
In today’s world, data security is very important. Brazil rates better (62)on Transparency International’s Corruption Perceptions Index for
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
2005 than India (88), Russia (126), China (78),Saudi Arabia (70), and the Philippines(117) to name a few.
Some other reasons to consider Brazil for your next offshore outsourcing project include:
1. Brazil is an $18
Some other reasons to consider Brazil for your next offshore outsourcing project include:
1. Brazil is an $18
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
billion IT industry and one of the largest IT industries in the world. It has a large and experienced work force.
2. Billing rates in Brazil are very competitive. They come in less than Canada and slightly more th
2. Billing rates in Brazil are very competitive. They come in less than Canada and slightly more th
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
an those of India.
3. This is a highly educated professional work force. Brazilian Universities are very competitive to get into and very inexpensive to stay in. Expect to find professionals with advanced degrees.
3. This is a highly educated professional work force. Brazilian Universities are very competitive to get into and very inexpensive to stay in. Expect to find professionals with advanced degrees.
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
4. Brazil has 1-3 hours different in time with U.S. Eastern Standard Time. Time zones do matter if you are traveling or trying to collaborate with someone long distances away. You can easily call your Brazilian pr
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
ject team during your work day.
5. English is a very popular skill and not hard to find with technical professionals in Brazil. English language capability is expected of young and middle aged high tech professionals
5. English is a very popular skill and not hard to find with technical professionals in Brazil. English language capability is expected of young and middle aged high tech professionals
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
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
in Brazil.
6. Air travel to Brazil is convenient and affordable. Sao Paulo is a 10 hour direct flight from Atlanta, Ga.
7. Good industrial infrastructure and low cost telephony service.
8. Brazil has excellent ho
6. Air travel to Brazil is convenient and affordable. Sao Paulo is a 10 hour direct flight from Atlanta, Ga.
7. Good industrial infrastructure and low cost telephony service.
8. Brazil has excellent ho
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
tels and restaurants also at a low cost.
9. Brazil offers a friendly culture with similar racial diversities, religions and family life styles as in the U.S.A. This similarity facilitates remote cross cultural team
9. Brazil offers a friendly culture with similar racial diversities, religions and family life styles as in the U.S.A. This similarity facilitates remote cross cultural team
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
building.
10. Brazilian women play a leadership role in business and in government. Traveling female executives are no surprise in Brazilian conference rooms or leading negotiations.
If you consider Brazil remember
10. Brazilian women play a leadership role in business and in government. Traveling female executives are no surprise in Brazilian conference rooms or leading negotiations.
If you consider Brazil remember
.
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
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
that it is as large as the Continental United States. Just as the salaries of IT professionals varies between a high in New York and fall as you travel south, salaries vary in Brazil as well. Professionals working
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
in Sao Paulo or Rio may well garner a higher wage than similarly skilled professionals in Curitiba or Belo Horizonte. Your business stay in either of these smaller cities would be cheaper and have a comfortable tempo
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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