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Going through the exercise of setting goals may seem like a task or even at its worst dudgery. The problem in the past has been that most organizations set goals based on sales

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

for each quarter of the year. This means goals are usually set for financial reasons and the goals are generally for one year at a time. The goals also tend to tied into budge

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

Examples of combination products may in

ts and quotas. But what happened to setting goals that incorporate the entire business and the direction it is taking?

Goals need to thread through every fiber of the business

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

. The starting point is to do a 26 point gap analysis of the organization. This means taking a look at every department and analyzing how they are conducting business, what pro

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

esses are in place, and looking to the future at how that department would be perfectly run. Does this sound like a lot of work? Yes, and it is after the initial analysis.

Let

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

Combination pro

's examine what is involved in doing the 26 point GAP analysis and how you can get started for your own business. If you do not want to do this analysis on your own, call or em

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

ail Dr. Daoust for assistance.

HR - there are at least three areas that need to be examined - hiring policies, advancement policies, and benefits. You need to take a look at 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

e systems used for each of these areas including an analysis of the time it takes to perform each task. Getting down to the details becomes increasingly important if goals are

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

to be set for improvement.

MANAGEMENT - take a look at the vision, mission, and objectives that have been set for the organization. Do these reflect what the customers thinks

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

about your organization? Do they also reflect the direction the company is taking at the present moment or are the statements where the company would like to go?

DECISION MAKI

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

G - examine all the places your organization makes decisions. Who has the final word? Does the process impede growth? What processes are in place to make sure the decisions are

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

Following aspects would a

not delayed so there is a loss of business?

RELATIONSHIP BUILDING - determining how people interact with each other internally and externally. Is there a sense of community?

dd to the challenges in developing combination products:

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

Do customers form relationships with the staff? Does the staff form relationships with prospects or clients? How does your organization provide ways to nurture positive relatio

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

nships.

MARKETING - analyze what marketing tactics are currently being used and how effect they are. Take a look at the current measurement and tracking methods. Are there pla

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

s for additional tactics if the current ones are not producing results. What would be the ideal marketing campaign?

SALES - are the pipelines for each salesperson appropriatel

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

y filled. What systems are in place to aid the sales team so that their time is well used. How much paperwork is required and how much time does it take to complete? What would

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

Professional from academic institutions, pharmaceutical industries, health care indust

be the ideal sales environment?

PLANNING - how much time does it take to do planning for each project the company works on? How are products planned and produced? Does your c

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

mpany use well-known processes such as total quality management or just-in-time manufacturing?

COMMUNICATIONS - is there an awareness of the flow of information within the org

.

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

anization? Is it easy to communicate across departments? Do customers get instant responses? How can you improve on internal and external communications?

Overall, a GAP analys

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

Companies that provide selfless information through particip

is will give you the starting point for setting goals and action plans. If you do not know where you are right now, it is impossible to draw a map of where you would like to be

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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You've been in your job for a few years. You get a decent paycheck and your benefits are helpful. You try to tell yourself you should be happy you have such a good job, but some days you have to face how unhappy you are at work. Read this list of ten clues and count how many fit your situation. Is it time for you to explore your options for your next job or career?

If you're going to setup and run a medical billing company, the main thing you need to do is distribute the duties. This review will cover the basics of what should be done when dividing up the various tasks.

Die cutters include all the components required for fabricating materials such as metal, paper, leather, rubber, vinyl, plastic, fabric, wood and magnetic strips. The components include sharp steel stamps and rollers called dies and die cutting machines. These are used to cut the material into the desired shape and size.

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