Main Subject - Business

What is B2B?

B2B stands for Business to Business. B2B e-commerce is 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

e most cost effective way for sellers to reach buyers around the globe.

B2

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

Examples of combination products may in

Marketplace

A Business to Business (B2B) marketplace is an Internet mark

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

tplace where exporters, importers, traders, traders, brokers, manufacturers, w

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

olesalers, retailers, and other business communities from around the world mee

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

Combination pro

for buying and selling. From meeting the customer to fixing the deals along w

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

th the payment is held online with no physical interaction. This is the bigges

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

advantage of a B2B marketplace. So a B2B marketplace is a place where B2B tra

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

e is carried on. Visit our Home page to have a look at such a marketplace.

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

B2B trade

B2B trade includes posting an offer (trade offer) by company to

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

find buyers for their products. This trade offer includes the details of produ

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

Following aspects would a

ts that a company is offering and is posted. Then an interested buyer replies

dd to the challenges in developing combination products:

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

o this offer and the online B2B trade is completed with payment from the buyer

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

and delivery of the product from the selling company.

B2B Auctions

Th

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

s is done in the same way as Trade Offers companies post their products to sel

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

them through an Online Auction. Interested buyers place their bids for the pr

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

Professional from academic institutions, pharmaceutical industries, health care indust

duct. When the bidding time closes, the buyer with highest bid gets the deal a

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

d the Online B2B Auction is completed with the payment from the buyer and the

.

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

elivery of the product from the company.

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

Companies that provide selfless information through particip

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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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A lean manufacturing system is a system that meets high throughput or service demands with very little inventory. The lean manufacturing system contains several important principles as well as a collection of tactical methods for achieving them. The key principles of lean manufacturing are discussed below.

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Main Subject - What is B2B?

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