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Serviced and semi serviced offices have become increasingly popular over the last 5 years, with more and more businesses deciding that serviced offices provide the best space solution for their company. If you ha

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

ve think that serviced offices are right for your business, or are unsure of what they can offer you, then read on for insider knowledge!

So many different types of businesses locate in serviced office facilities

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

Examples of combination products may in

that the Business Centre often make provisions to provide services for most eventualities. This means you can take advantage of those that suit your needs when you need to.

Serviced Offices - Explained

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

Serviced offices are offices available to rent on short term flexible licence agreements from as little as 1 month up to 12 months. You will pay a single monthly licence fee which is inclusive of rent, rates, ser

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

vice charges, furniture and services such as reception facilities.

Serviced Offices are located in Business Centres, which may occupy a whole building, or one or two floors in a large multi storey office building

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

Combination pro

(this is common in London and the other major cities).

Benefits of Serviced Office Space

Serviced offices would prove an ideal office space solution for you if you are looking for the following:

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

i>Low set up costs

A simple tenancy agreement that is easy to understand and does not require legal involvement

One inclusive monthly payment that covers rent, rates and service charges

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

li>A professional, fully furnished private office that is available immediately

Competitive telecoms and internet deals, ready installed

Well maintained reception areas for your guests to wait

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

in and professional receptionists to assist in the daily running of your business

No long term commitment

Ability to take more or less office space when you need it

Moving into yo

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

ur Serviced Office

Furnished office or Unfurnished office?

With a fully serviced office you will find your office space is furnished and ready to move in to. With a semi serviced/managed office space

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

however, you may have the choice of whether to go furnished or unfurnished.

If you do not already have your own furniture, why not take advantage of the furniture offered to you? It will be ready positioned in y

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

Following aspects would a

our office, you won't have to maneuver it into space or sit for hours looking blankly at flat pack instructions, and if in a few months time you no longer need the office, you don't have the worry of selling/dispo

dd to the challenges in developing combination products:

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

sing of the furniture. Often, if in the future you did want to change to your own furniture the Business Centre will be happy to remove the furniture you had been using.

Reception Facilities

You will oft

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

en find within the Business Centre is a centralised reception area, which is manned by centre staff who will answer your phone calls, take messages and meet and greet your guests.

Serviced office customers will a

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

lso have the chance to use secretarial and administration support services at an extra charge. Instead of taking on more staff, why not use these services for when you need report typing, envelopes stuffing or pi

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

es of photocopying or faxing completing? As it is on a pay as you use basis this can be easily budgeted for.

Meeting Rooms

With a serviced office space you will have enough space as you need to work comf

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

Professional from academic institutions, pharmaceutical industries, health care indust

ortably on a day to day basis. If ever you need to have a meeting or have any guests, why not hire one of the Meeting rooms available? These are usually available by the half or full day are can often be fully e

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

quipped with video conferencing or overhead projection facilities. Catering services are sometimes available at an extra cost.

This means that you are only using meeting rooms when you require them, and are not

.

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

paying on a monthly basis for constant access to extra square footage that you may only use once a month.

Multiple Office Sites

Larger office space providers have office buildings all over the country. S

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

Companies that provide selfless information through particip

o why not get out and about and use the facilities available in the other buildings owned by your space provider? This can be especially useful if you travel frequently but still need facilities for meetings, 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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Learning to market your product, business or business opportunity online can become quite enjoying and profitable. Those that blindly search online and pick a company to assist in online marketing, in most cases, really have no idea what they could be getting themselves into, not to mention damaging your bottom line.

While adult consumers have the disposable income to spend, consumers under the age of 18 are big marketing targets for companies and the millions of products and services offered. There’s no denying the influence a child has on the spending habits of a parent, and advertisers are aware that pulling in the kids pulls in the parents – and their money.

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