Useful Advices - Business

While London is undoubtedly one of the areas that is first considered when hosting a large conference, the lack of a large enough venue c

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

an put off many people. This is particularly the case where the number of attendees exceeds 5,000 people at any one event. There is a dea

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

Examples of combination products may in

th of venues that can accommodate that number of people in a conference situation, let alone the additional facilities that would be need

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

d. The number of conferences with that number of people is increasing each years and a city that is unable to cater for that can become l

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

ss popular as a venue for conferences. This is why the new ICC has been proposed for London.

There has been a lot of debate about whethe

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

Combination pro

the ICC is really needed and what impact it can have for the city. The feasibility study was undertaken and the result showed that the c

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

ntre would give great benefit to the city as a whole. These benefits could directly affect the accommodation industry, the tourism indust

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

y and a host of related industries. The new conference venue will be able to offer facilities that are otherwise inaccessible for people

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

osting conferences in London. The attraction of London as a premiere destination for conferences will be enhanced through the new facilit

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

es that will be available at the ICC.

The capability to host over 5,000 delegates will be one of the biggest advantages of the new ICC i

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

London. The largest area can be used for hosting the main events of the conferences while the smaller areas can each serve different pur

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

Following aspects would a

poses. To help increase the productivity of the conference, there will be rooms known as ‘breakout’ rooms for people to utilise during th

dd to the challenges in developing combination products:

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

course of the conference. These will each have different have different capacities so that different sized groups can all be accommodate

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

. This allows small, related meetings and events to take place in tandem with the main events of the conference.

There will also be larg

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

meeting rooms capable of holding a few hundred people for smaller events in the conference to be hosted. This will allow a greater numbe

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

to attend conference events than if there was only a single auditorium. This can allow multiple different conferences to take place at o

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

Professional from academic institutions, pharmaceutical industries, health care indust

e time, depending on size of each of the different conferences. The facilities that are available will help to provide delegated with cat

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

red events, which is often impossible in other facilities. The situation of the ICC in London means that a range of different accommodati

.

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

n will be available in the immediate area so that transport for delegates will not be a problem. The situation of accommodation on the si

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

Companies that provide selfless information through particip

e will also help to reduce travelling and logistics problems for those attending the conference as well as those that plan the conference

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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