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Main Subject - 3 Tips on IIM CAT GD/PI Preparation
Now that you have cleared the written CAT and
have received interview cal 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 ls, most of you may be
wondering what is the smartest way of CAT
GD/PI ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in reparation. Always remember that at this
stage the competition is tougher lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. as the chaff has
been separated from the wheat, so you can't afford
to here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe e lax. Here are 3 tips that will aid you in the CAT GD/PI preparation: d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro ) Keep it simple: You cannot remember each and
everything about the econo 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 y, trying to do so will
make you feel overwhelmed and under prepared.
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 ways pick an issue and choose the 3 most
important aspects of that issue nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically nd prepare that. For
example suppose you are reading about the Growth
i 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 Indian aviation sector. Pick issues such as (a) The
need for mergers (2) ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi Allowing domestic airways to
fly international routes (3) Need for upgrad ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a ation of
airport facilities. Sticking to just 3 issues gives focus
and dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod confidence 2) Become a rainmaker: Try to come up with possible solutions cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin If you go to the IIM Group
Discussion and Personal Interview and the top tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen c was
"Infrastructure in Mumbai" and all you did was crib
about how bad 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 it is. Then guess what - you're out.
You are supposed to think how to imp ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust ove, leave the
cribbing to your 75 year old uncle across the street. 3) y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products he 2 minute approach: You are not there to read
an essay, no one will giv . 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 you that much time.
Whatever points you have prepared - time them to
f elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip nish in 2 minutes or less with all the important
points well said in time 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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