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Just Other Articles - Knowledge IS Power - Information Is King
As we move through life we acquire knowledge and skills from our experie 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 nces. To put this acquired knowledge and experience to use in a business ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in can be a great opportunity. Looked at simply if you have more knowledge lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. on a topic than someone seeking information on your subject you are in a here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe position to offer consultations. One of the great features of consultin d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro g is that it helps if you can write. Preparing proposals, reports, prese 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 tations and even creating a web site all involve the process of writing. 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 In creating such material you are also creating your products, products nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically that you can sell at seminars or even by doing business online. If you 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 are interested in starting a business online you can use your experience ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi knowledge. Now you may be thinking; "This writing is not for me and w ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a at experiences and knowledge do I have?" "It's difficult and what about dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod writers block, what do I write about?" "I used to sit in class and cou cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin d not get going!" Yes we all did but it can be overcome. You can do it. tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen To create written material becomes a very satisfying activity and it b 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 comes possible to start to enjoy the writing process and relating your e ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust xperiences. With modern computer equipment it is possible to create pro y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products essional materials of many types. If you have experiences to share this . 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 may be a route you could consider. If you give it a try you will be ama elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip ed at what you know. Knowledge IS power - we live in an information age 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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