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Small and medium businesses tend to use information technnology for what they percieve as being absolute necessities. That's not a bad approach but it can cause you to miss opport

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

unities to grow your business and save money Without a budget that will support a chief technology office or experienced director of I.T. how do you know what you really need? We'

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

Examples of combination products may in

e here to help!

1. A reliable backup of your data

While it may seem obvious to most of the small and medium businesses we visit this is just not the case. Just having a tape dri

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

ve and backup software is not enough. You should test your backup on at least a monthly basis. It doesn't need to be a complete restore all of the time, just pick out a few files

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

nd see if your I.T. staff can restore them. If you use outside consultants it's worth the money to have them come in and test your backup on a quarterly basis. It shouldn't take m

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

Combination pro

ore than two or three hours and you'll sleep better.

2. Sales automation software

Not only does it allow your sales people to stay on top of potential leads, it helps you to sta

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

on top of your sales people. For the SMB market there are dozens of applications that you can run locally on your network or you can use one of the on-line providers like salesfo

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

rce.com.

3. A decent web site

It really doesn't matter if your business cuts grass or makes transmissions for tractors you should have a website. And don't let the secatary's si

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

teen year old son do it, get it done right. It doesn't have to be expensive. Sites like aliger.com have hundreds of templates specific to just about any business. They look great

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

and they're easy to use.

4. Accouting software

Ok this is pretty much a no-brainer for any medium sized business and most small busineses. But even the really small businesses will benefit greatl

dd to the challenges in developing combination products:

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

y from haveing an accounting package. Quickbooks is the old standard and still one of the best around. Your accountant will appreciate it too.

5. Computers less than three years

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

ld.

I know it may be running just fine but with the cost of new computers well below $1000 and the speed increases over the last few years you can't cost justify keeping around a

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

n old computer.

6. A document management process

This doesn't have to be a software application that costs thousands of dollars. But you should have a standard process for keepi

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

g critical or often used company documents in any easy to access location on your computer or preferably file server. It's one of the easiest ways there is to boost productivity a

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

Professional from academic institutions, pharmaceutical industries, health care indust

nd the bottom line. How many times have you spend searching for that old proposal to use as a template?

7. ERP Software

ERP is an acronym for Enterprise Resource Planning. What

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

hat really means is anybodies guess. For our purposes we're going to define it as software that is specific to your business and helps you to create and deliver your product or se

.

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

rvice. The reality of the situation is that it can be inventory management software, or a spreadsheet that shows the number of units shipped, or lawns cut. Be prepared to customiz

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

Companies that provide selfless information through particip

anything you buy off the shelf because it can be an aggravating process. But when you have it the amount of data available to you makes planning for the future a whole lot easier

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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Can a college student going for a top paying college degree really out perform a truck driver in a side by side comparison?

Time tracking is the act of tracing out the time spent on each activity in a particular period of time. With so much pressure on time these days, time tracking and management has become absolutely necessary. Though time tracking was initially just a method for keeping track of the way employees use their time, today it is a major program that is used for several other things like: payroll processing, employee productivity, revenue management, client management, invoicing, database management and project management.

If you believe you have the talent, skills and experience to be an IT consultant, you should go for it. But if your experience is limited it might be worth working for someone else for a while so that you equip yourself to better compete in the freelance market.

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