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Useful Advices - ICT Opportunities in the Philippines - Also for Fil-Ams
The Philippines today has reached global recognition in the “back office” service provisioning such as “Business Process Outsourcing” (BPO) of IT enabled services.
Third party expatriates who have first hand knowledge and experience of doing business in the Philippines as c
Third party expatriates who have first hand knowledge and experience of doing business in the Philippines as 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
ompared with other outsourcing destinations attest to this. Expats observe that doing business in the Philippines is very positive and encouraging. This acknowledgment needs to be brought forward to the attention and awareness of our Global Filipinos abroad.
Last December 1
Last December 1
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
th-15th 2006, the Philippines USA Business Club (PUBC) of the Philippine Chamber of Commerce and Industry (PCCI) participated in the 100th Centennial Celebration of Filipinos in Hawaii. It was a great opportunity to share the good news to Filipino Americans in the US attendi
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
g the summit about the positive news US CEOs have been experiencing in doing BPO services in the country.
As Chairman of the Committee on ICT of the Philippines USA Business Club (PUBC) – I would like to bring the news to the summit and share with them the favorable respons
As Chairman of the Committee on ICT of the Philippines USA Business Club (PUBC) – I would like to bring the news to the summit and share with them the favorable respons
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
s of US companies so that they will know how good we Filipinos are “world class” and globally acknowledged. All praises!
The PCCI ICT Domestic Strategy – is to report to the local businessmen about the prospects of entering into the “services exporting” business, as an alte
The PCCI ICT Domestic Strategy – is to report to the local businessmen about the prospects of entering into the “services exporting” business, as an alte
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
native to the waning traditional exports business, which are now moving to China. This allows them to invest in a lucrative and promising industry, which is providing “back office” support services to US companies willing to outsource
their services to the Philippines.
Bu
Bu
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
t the common issue that crops amongst local businessmen is their inability to penetrate the US market where 50 percent of the global outsourced services comes from.
Yes, marketing is a key ingredient to the success of our BPO to our local businessmen. Filipinos are perceive
Yes, marketing is a key ingredient to the success of our BPO to our local businessmen. Filipinos are perceive
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
weak in marketing. We need to strengthen our promotions and marketing to the US market. Tapping the rich networking potentials of our Filipino Americans who are by now in the middle management or decision level of most US companies can also facilitate in the marketing
eff
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
rts.
Hence, the PCCI ICT -International Strategy -- to communicate, convey and express the positive news to all Filipino Americans living in the US about the prospects of the Philippines being the number 1 outsourcing destination in the world. India is “king” in outsourcing
Hence, the PCCI ICT -International Strategy -- to communicate, convey and express the positive news to all Filipino Americans living in the US about the prospects of the Philippines being the number 1 outsourcing destination in the world. India is “king” in outsourcing
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
today because of the successful networking and marketing that they did in the US. We Filipinos can unite and increase
our business activities, eventually making us the number 1 outsourcing destination in no time.
Our friends from India are threatened by this potential phe
Our friends from India are threatened by this potential phe
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
omenon.
Gatherings such as the December Fil-Am summit allowed me to inform our kababayans about the ICT opportunities that await them. Filipino Americans who have long stayed abroad have now disposable incomes, which they can invest wisely into “services exporting” initiati
Gatherings such as the December Fil-Am summit allowed me to inform our kababayans about the ICT opportunities that await them. Filipino Americans who have long stayed abroad have now disposable incomes, which they can invest wisely into “services exporting” initiati
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
ves which has tremendous rippling effect to our country and people if maximized to its fullest.
Two incentives await Filipino Americans who decide to go into ICT opportunities in the country.
The first is by just providing “market lead” referrals, of potential back office
Two incentives await Filipino Americans who decide to go into ICT opportunities in the country.
The first is by just providing “market lead” referrals, of potential back office
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
equirements of US companies. Fil-Ams will receive a “finder’s fee” out of any outsourcing contract signed out of the referral. This strategy is a good step for replicating potential long-term business continuity for those who are convinced about the prospects of services exp
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
rting.
The second incentive is they can enter into “joint venture” agreement or invest with Local Filipino businessmen who have decided to enter into the “back office” services. By entering into a Joint Venture Agreement, co-investing with local businessmen are assured of p
The second incentive is they can enter into “joint venture” agreement or invest with Local Filipino businessmen who have decided to enter into the “back office” services. By entering into a Joint Venture Agreement, co-investing with local businessmen are assured of p
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
tential long-term market coming their way, as Fil-Ams will act as their guarantor in sustaining the viability of the Joint Venture. Besides it encourages synergy for overseas Filipinos helping their local kababayans in doing business in the country.
The event last year was
The event last year was
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
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
ust a first step towards networking with our Filipino Americans in the US.
We hope to do a 10 major city caravan in the US by 2007 and the years to come. What we need to do more is to perk up the awareness level, do extensive dissemination information promotions campaign to
We hope to do a 10 major city caravan in the US by 2007 and the years to come. What we need to do more is to perk up the awareness level, do extensive dissemination information promotions campaign to
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
all the forty three (43) Filipino American Chambers of Commerce in the US.
As of this writing, the PCCI/PUBC initiatives have successfully conducted business opportunities with the Philippine American Chamber of Commerce of Hawaii (PACCH), The Philippine American Chamber o
As of this writing, the PCCI/PUBC initiatives have successfully conducted business opportunities with the Philippine American Chamber of Commerce of Hawaii (PACCH), The Philippine American Chamber o
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
Commerce of Oregon (PACCO), which just had a successful trade mission to the Philippines last Feb 17-22 2007.
Discussions are ongoing with the Philippine American Chamber of Commerce of Chicago (PACCO), Dallas, Texas, Orange County California, Denver Colorado, Orlando Flor
Discussions are ongoing with the Philippine American Chamber of Commerce of Chicago (PACCO), Dallas, Texas, Orange County California, Denver Colorado, Orlando Flor
.
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
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
da and Las Vegas Nevada. The PCCI through PUBC hopes to continue its networking business discussions with other Filipino American Chambers of Commerce within the US.
At the end of the day, Filipino Americans are now actively involved in trade and business activities towards
At the end of the day, Filipino Americans are now actively involved in trade and business activities towards
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
helping the mother land, local Filipinos transformed to think as entrepreneurs “more jobs are created”, Filipinos having strong purchasing power, encouraging them to stay more in-country thus addressing the alarming brain drain syndrome. It’s a win-win strategy for all of us
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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