Useful Advices - Business

One day, in the distant future, someone with more money and time than I shall conduct an experiment on waitering staff across the planet.

From Rio de Janeiro, where waiters pe

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

er over one’s shoulder studying the menu with morbid fascination; to London, where staff glare at you for rudely interrupting their analysis of who was sleeping with whom on C

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

Examples of combination products may in

rossroads; to India, where wallahs bring you exactly what you didn’t order, cold and an hour later when you have already succumbed to starvation; to Cape Town, where servers g

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

lide effortlessly past you as you wave your arms about like the nearly drowned attracting a life-guard. Each a microcosm of business disregard for their patrons.

"I wonder if

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

it’s on purpose?" I asked myself as I mopped up the water dammed behind piles of my clothes. The flooding was caused by a plumber who opened the main tap without first emptyin

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

Combination pro

g the geyser. He built the dams to prevent the water escaping into the rest of my flat. Then he fled.

It can’t be that every business owner embarks on a quest to make life u

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

npleasant for their customers. Certainly there are those who despise their clients but most are genuinely shocked when you have had an unpleasant experience. Their complaint

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

is usually that they did not know.

This is wilful ignorance on the part of business owners. They are fully aware that clients are getting a shoddy deal but - for as long as c

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

ients don’t make a fuss - they are able to ignore the problem. People tend to avoid confrontation and business owners are happily capitalising on our fears.

But businesses, a

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

t least, suffer the frequent indignity of having their crasser habits exposed in local newspapers or blogs. Development organisations can get away with even lower standards of

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

care since their clients, on the whole, are desperate and uneducated (otherwise they wouldn’t be in need of charitable services) and hardly likely to complain. The donors don

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

Following aspects would a

’t experience the service directly and have no idea what should be done either.

In this organisations are doing themselves a disservice. It is not just that clients have no l

dd to the challenges in developing combination products:

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

yalty for their service providers. It is also that organisations are losing a wonderful opportunity for innovation and product development.

Clients do know what they like and

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

don’t like. When offered a reasonable choice they will switch to the service that offers them the most reward for their investment of time, energy and (occasionally) money.

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

If the relationship has become confrontational - one of complaint and apology - then it is unpleasant for both sides. If clients are considered a component of business develop

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

ment and improvement then they become part of the overall strategy.

People change their preferences on a daily basis. The changes are subtle, but they are there. They change

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

Professional from academic institutions, pharmaceutical industries, health care indust

the amount of sugar they consume in coffee. They prefer it slightly stronger, or weaker. McDonalds was caught completely by surprise by the obesity movement and has had to la

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

unch a dramatic turn-around, introducing salads and low-fat alternatives. Yet the discussion over increasing obesity has gone on for over a decade.

The low grumble of clients

.

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

is not a personal attack on the organisation. It is the gentle murmur of consumers hungry to be part of the development of their favourite products. It is an opportunity for

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

Companies that provide selfless information through particip

business owners to listen and remain a part of the economic landscape of winners.

And, when they do get round to testing those waiters, I hope it involves lots of electricity

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.usefuladvices.org.ua/article/14614/usefuladvices-May-I-Put-My-Hand-In-Your-TeaA-Lesson-In-Wilful-Ignorance.html">May I Put My Hand In Your Tea-A Lesson In Wilful Ignorance</a>

BB link (for phorums):
[url=http://www.usefuladvices.org.ua/article/14614/usefuladvices-May-I-Put-My-Hand-In-Your-TeaA-Lesson-In-Wilful-Ignorance.html]May I Put My Hand In Your Tea-A Lesson In Wilful Ignorance[/url]

If your fiscal goals are not being met it is possible that the problem is not in your ad copy, media mix or sales force but in your brand permissions.

No one in his right mind would start out on a journey without having a destination in mind and a map as to how to get there. This truth applied to careers as well as the trip across town. There are four crucial step to creating and following a road map to success.

Often overlooked, these 5 simple steps can speed up your job search and encourage more executive recruiters to....

Tags

Links

Useful Advices - May I Put My Hand In Your Tea-A Lesson In Wilful Ignorance

Related Articles: