Main Subject - Business

Team building has become somewhat of a buzz word in corporate circles

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

over the past few years. Many corporate event planners toss the term

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

Examples of combination products may in

'corporate team building' around willy-nilly as part of their market

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

ing talk - but their events don't always live up to the team building

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

promise. For an event to actually transform and cement new ways of w

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

Combination pro

orking together, it has to offer more than just lip service and a gro

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

up trip to go fly-fishing.

Successful corporate team building events

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

have a number of elements in common:

1. The opportunity to see the

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

roadblocks to successful communication and teamwork

2. The chance to

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

see co-workers in unfamiliar roles and situations

3. The necessity

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

to work together toward a common goal

4. The support needed to forge

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

Following aspects would a

productive new ways of working together

Good corporate event planne

dd to the challenges in developing combination products:

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

rs take those cut-and-dried concepts and turn them into a fun learnin

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

g experience. The true geniuses in the corporate event world can crea

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

te amazing and transforming events that will shake up your organizati

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

on and wake up inspiration that you never knew existed in your compan

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

Professional from academic institutions, pharmaceutical industries, health care indust

y. Experienced planners of team building events know how to bring you

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

r coworkers and employees together in new ways that highlight the str

.

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

engths you know they have, and show them how to use those strengths t

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

Companies that provide selfless information through particip

o build a solid service or production team that simply can't be beat.

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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