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Just Other Articles - What Makes A Business Truly Successful And Special?
You’ve got a great product in fact better than most. In fact people really like what you have to sell. You’ve got excelle
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
nt prices competitive and reasonable. Your web site is up and running and says the things people need to know about your
; 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
product. You have a good marketing campaign that reaches the niche market you are targeting. You have learned about fa
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
ctoring and you are getting your money in a timely manner.
Yet something is wrong. Your business is not growing, not profi
Yet something is wrong. Your business is not growing, not profi
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
able or both.
However, when you try to approach your employees to discuss ideas and plans, they take evasive action (when
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
they see you coming they go the other way).
At meetings, getting answers and sharing information, is like pulling teeth.
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
Attitude starts at the top and you’re it. Perhaps the real problem is you.
Every company needs revamping, reworking, ne
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
w ideas and input without fear of reproach. Are they afraid of you? If am employee is overworked and stressed can they sh
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
re that with you without reproach? Or are you creating stresses in their work environment?
The companies that fail are th
The companies that fail are th
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 ones where the boss isn’t listening. He’s not committed to his people, and it shows. Or worse his over zealous commitm
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
ent to making things work is making him unwilling to hear any opposing views or enlightening ideas. Or possibly the boss’
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
great ideas are a daily or weekly flip from his last great ideas. It becomes a barrage of ideas and instructions, changing
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
daily, misunderstood, and at best poorly acted upon. Nobody knows what’s next and certainly doesn’t want to spend too muc
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
h time on something that will be pass? next week.
However there is hope for you and your company. Think about it. Consid
However there is hope for you and your company. Think about it. Consid
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
er the example below.
Have you ever been in a restaurant where the staff seems to ignore you? The greeting is lame if at
Have you ever been in a restaurant where the staff seems to ignore you? The greeting is lame if at
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
all. The service is lackluster and the wait staff is surly. But down the street or in another town, in a similar restaura
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
t, the smiles are everywhere; the door is opened for you with a big smile. You are given a choice of seating and the wait
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
staff is attentive and caring.
What makes the difference? Attitude starts at the top. Of course training your employees
What makes the difference? Attitude starts at the top. Of course training your employees
.
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
matters but a positive and caring attitude, starting at the very top, is not just good leadership, it will always allow a t
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
rue team effort with empowered employees, and will get any company on the road to profitability and a secure future for all
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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