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Main Subject - Electronic Commerce - An Overview
The benediction of science and technology are so many to describe. But the invention and application of internet services deserve special mention. Internet services are being randomly used throughout world. Right from shoppin
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
g to fixing a business deal, everything is being done with the click of a mouse. People have become computer savvy. Their lives have been shaped by various electronic gadgets. With their dependency of electronic gadgets, 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
Examples of combination products may in
like e-book, e-cards, e-commerce etc. have evolved.
The term ‘e-commerce’ is now a very well-known word. The word ‘e-commerce’ itself signifies ‘e-commerce through electronic medium’. It can also be described as the selling
The term ‘e-commerce’ is now a very well-known word. The word ‘e-commerce’ itself signifies ‘e-commerce through electronic medium’. It can also be described as the selling
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
and buying of goods and services on the internet. A new term e-business has also evolved to mean the same thing. We can say it is commerce conducted electronically or simply interpret as an online business. It includes custom
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
r service functions, sales, marketing, advertising and many more. It also conducts exchange of goods, information, products or services via electronic medium.
Through this medium a buyer can make his purchase just with a cli
Through this medium a buyer can make his purchase just with a cli
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
ck of a mouse, sitting at home but the seller had to crack hard nuts. So conducting e-commerce is not that easy as the word sounds. To start an online business a big and proper planning is the first thing. There should be an
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
dequate source of production. Proper funding also plays a crucial part in any kind of business to keep it going. But that’s not all. To create markets for the products and to collect customers for selling those products are 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
so vital points to remember. To taste the pinnacle of success, a strong customer service should be there.
E-commerce is also advantageous to other traditional businesses in many respects. If an e-commerce site is implemented
E-commerce is also advantageous to other traditional businesses in many respects. If an e-commerce site is implemented
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
well, the cost of transaction is quite lower than others. Moreover an online shop never closes. They always remain open and this provides the customers the opportunity to shop anytime of the hour. With the advent of e-commerc
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
e, the concept of shopping from home has emerged. Information about any article is available on the net. Customers can search and gather knowledge according to their needs. Before making any kind of purchase, the customers co
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
ld widen their frontiers of knowledge so that they did not repent later. Geographic limitations are no more a hindrance in commerce. E-commerce makes the products and the services easily available to the customers without any
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
geographical hurdles. Through this type of commerce the sellers of the goods and services are reaching easily to a wide range of customers, both inland and abroad. The buying process in this type of commerce is also advantage
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
us. It provides the customers with a platform to search product information through global markets with a wider range of choice. They can tally the prices also to buy the cheap but the exclusive article. Delivery time and cos
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
ts are saved when such purchases are made like e-books, audio clips, software games etc. Distance education is delivered via internet. Global reach of internet able different organizations to send messages worldwide, explorin
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
new markets that traditional markets have difficulties accessing.
But there are also various disadvantages in this kind of commerce for both the buyers as well as the sellers. Expenses of getting popular server for the orga
But there are also various disadvantages in this kind of commerce for both the buyers as well as the sellers. Expenses of getting popular server for the orga
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
ization are very high. It is difficult enough to get people know about the product of the company and to made them visit the site. The demerits involved from the buyer’s angles are mainly the touch and feel factor. You cannot
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
smell the product, nor can you take its warmth. You are only guided by feature list and the visual impression. Above all to get all these, rather to enjoy the beauty of the product you have to count days for its arrival. If t
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
he shipping is lengthy, certainly it will take the test of your patience. And when you come to realize what you purchased is not what you were looking for or the quality is not at par, there is no easy way to get it exchanged
.
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
or return it to the seller.
With all these merits and limitations, E-commerce is here to stay. Because it is powered by the most precious thing in modern world, yes, it is time. In future it may change its color, can shift o
With all these merits and limitations, E-commerce is here to stay. Because it is powered by the most precious thing in modern world, yes, it is time. In future it may change its color, can shift o
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
penetrate into a different media, but the purpose will never be eradicated. In this fast paced world, people want to buy time so that they can invest it in earning money and E-commerce targets that. So, you know who will win
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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