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Main Subject - E-Commerce and E-business What is the Difference?
The term e-commerce and e-business may sound same but technicall
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
y they are different. Many people assume that ecommerce and ebus
; 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
ness are same. Read the following to clear the misconception
In
In
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
both the cases the letter e indicates electronic which include
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
internet and EDI (electronic data interchange) to improve busin
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
ess processes.
Ecommerce is narrower than ebusiness. It is a su
Ecommerce is narrower than ebusiness. It is a su
ucts have become life saving products for the pharmaceutical companies who doesnt have many innovative molecules in their product pipeline and have been inc
set of ebusiness. Whereas Ebusiness is very broader, it refers t
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
using of the internet technologies to conduct business which in
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
return provides the great impact in the overall business process
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
.
Ecommerce refers to the using of internet for Online Shopping
Ecommerce refers to the using of internet for Online Shopping
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
i.e. to buy a product or service. For Example: Ecommerce occurs
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
hen a customer orders a ticket or book or gifts or any tangible
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
r intangible product through internet. It occurs when an organiz
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
ation or individual pay money to another organization or individ
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
al via internet.
The term Ebusiness is covers all the areas of
The term Ebusiness is covers all the areas of
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
usiness. Ebusiness occurs when a company or individual communica
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
e with their clients or customers or suppliers through email. Ma
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
rketing done through Internet, Sell Products or Services through
.
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
internet, Use internet to conduct market research, use internet
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
o hire people, use internet for product or service promotion etc
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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