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In spite of the changes in business world, training is still viewed by many small bus

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

inesses to larger ones as an unnecessary expense. Yet, if a company or even an indivi

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

Examples of combination products may in

ual truly wants to grow to reach that next level of success, then training and develo

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

pment should be the number one item budget instead of the last one.

These 7 tips may

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

help you to keep training as the number one line item on the budget.

1. Think

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

Combination pro

about training dollars as being an investment not an expenditure.

2. Understand
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
b> that training is learning a specific skill or to acquire knowledge while developme
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
t is about enhancing and strengthening current skill levels.

3. Be able to an
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
wer the following question: After everything is said and done, what results do I want
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
?

4. Assess the situation to make sure that the training intervention is not
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
overing up a symptom of a greater problem.

5. Deliver training in shorter seg
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a
ents (no more than 2 hours) with time in between to allow for application and feedbac
dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod
k. HINT: Remember the brain only absorbs what the butt will endure.

6
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Include audio reinforcement to provide numerous opportunities to the learning
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
event. HINT: One time exposure to a learning event leaves 2% cognitive reten
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
tion after 16 days, but 6 times to that same event results in 65% long term memory. a
ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust
age “cutting off your nose to spite your face.”

7. Understand the difference
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
etween training, teaching and facilitating. These are three separate instructional s
.

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
trategies.

With these seven hints, training will deliver a positive return on your i
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip
vestment (ROI) and more importantly will help you double your business results

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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Just Other Articles - Training: 7 Tips to Guarantee that Your Training Dollars Double Your Business Results

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