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You are here: Home > Business > Networking > Effortless Networking: Can You Network In Your Sweats? |
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Useful Advices - Effortless Networking: Can You Network In Your Sweats?
A few years ago, someone asked me whether it was OK to network if she was not "dressed up" f 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 or it. For instance, she said, if I'm at the checkout line at a grocery store in my sweats ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in and a networking opportunity arises, should I go for it? I remembered this question recentl lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. because I found myself in a very similar situation. I was at the local public library with here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe my kids, and one of the staff members started chatting with me. She wanted to know what lan d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro uage I was speaking with the kids (I speak with them in Bengali), how many languages my son 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 speaks (the answer is 3), where I was from, and so on. From there we moved on to other topi 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 s. On a whim, I decided to ask whether the library carried books by local authors. I had re nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically cently published my book, and I was curious. (By the way, I was dressed in sweats at the tim 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 !) She said yes, they did. Could I drop off a copy for them to look at? So the next time I ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi was at the library, I gave them a copy. The library called me later that day saying they'd ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a buy it. A few weeks later, I was at the library (again in sweats) when the same staff membe dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod asked me whether I'd like to do a presentation. They could help me promote the book, she sa cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin id. Was I interested? Of course I was! And all this happened while I was dressed like a ha tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen ried mom, chasing after a toddler while clutching an infant. So what's the point of 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 my story? I have 3 points actually:
ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust ll the time -- be alert. y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products ou can recognize it and take advantage of it when it does show up. . 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 o be dressed in any particular way to network or take advantage of opportunities.
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip > I hope this inspires you to "go for it", the next time an unexpected opportunity shows up 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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