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Just Other Articles - Success - Three Questions to Choose Your Peer Group
Do you have the experience of being hanging around with the
wrong people? There is a strange feeling of known you are not
in the right place. Even if e
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
verything looks fine, you are not
satisfied enough. You are forced to go into activities you actually
don’t want to just because your friends do.
What
What
; 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
an uncomfortable feeling!!
Something that truly helps you to make your life simple, fun & efficient is your peer group. You could create one or join on
Something that truly helps you to make your life simple, fun & efficient is your peer group. You could create one or join on
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
e.
Before you join one you must answer some questions.
You cannot choose your family, and your options to chose your friends from childhood are very li
You cannot choose your family, and your options to chose your friends from childhood are very li
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
mited. Thus, you can choose
your Peer Group.
Looking into the dictionary “a peer group is a group of people of approximately the same age, social statu
Looking into the dictionary “a peer group is a group of people of approximately the same age, social statu
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
s, and interests.
Some groups are socialized by peers rather than by their
families or conventional institutions. They define themselves as
a gang.”
W
W
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
ell, forget about the gang. Concentrate on the same interest. I
must recognize it will be easier if they are of approximately
the same age and social st
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
tus, but those are not mandatory. In
fact, new rules are broking those walls.
Here we will focus on three main questions you should consider before to
Here we will focus on three main questions you should consider before to
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
join or promote to a peer group. I will talk you about
other interesting aspects of peer groups in others articles.
Three Questions to choose your Peer
Three Questions to choose your Peer
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
Group:
What are your peer group goals?
The mean of a peer group is give and receive support, advice, understanding, resources, etc. You want to be in t
What are your peer group goals?
The mean of a peer group is give and receive support, advice, understanding, resources, etc. You want to be in t
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
he right
place.
The right peer group is going to demand you as well as give to you.
Before to join a peer group you should consider if your goals are
The right peer group is going to demand you as well as give to you.
Before to join a peer group you should consider if your goals are
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
lined up with the goals of the peer group.
What do you want from your peer group?
There are a great variety of peer groups. You will find them under a
What do you want from your peer group?
There are a great variety of peer groups. You will find them under a
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
huge variety of labels. Not all of them have the same
structure. Some have not formal structure at all.
Clarify your needs and wants before to look for
Clarify your needs and wants before to look for
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
one. Ask to
current and former members. Look for an outside point of view.
Do you look for support? Are you asking for advice? Do you try to get refer
Do you look for support? Are you asking for advice? Do you try to get refer
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
nces?
Be honest. You could lie even to yourself. But you don’t want to waste your time and resources. Soon or later, true will come out.
What is the l
Be honest. You could lie even to yourself. But you don’t want to waste your time and resources. Soon or later, true will come out.
What is the l
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
evel of ACTION that your peer group is currently
having?
Is this group still alive? Or is just a name on a wall?
You are looking for an objective measu
Is this group still alive? Or is just a name on a wall?
You are looking for an objective measu
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
re. Do you have access to
their program of the last six months?
What the annual program? What are the activities they are doing?
How are they supportin
What the annual program? What are the activities they are doing?
How are they supportin
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
g each other?
This could not be easy to find talking to non-structure peer groups. Sometimes rules and program are not written. Thus, you could ask for
This could not be easy to find talking to non-structure peer groups. Sometimes rules and program are not written. Thus, you could ask for
.
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
testimonials and reference in an informal way.
Dear reader, may be you are not conscious of the important of the right peer group yet. I just wish you
Dear reader, may be you are not conscious of the important of the right peer group yet. I just wish you
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
to be aware of this
matter before is too late to choose.
We will talk about how to create a peer group next time.
I wish you the best.
Fernando Manzan
We will talk about how to create a peer group next time.
I wish you the best.
Fernando Manzan
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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