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Useful Advices - Dare to Dream by Day
Cruising along the highway in his white Taurus, our young salesman finds himself deep in thought. Although he is heading to his next sales presentation, he is not thinking of sales at
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
all. His mind is filled with thoughts of his family.
Flipping down the visor above his head, he looks at the picture he taped there almost two years ago. It is a picture of his dre
Flipping down the visor above his head, he looks at the picture he taped there almost two years ago. It is a picture of his dre
; 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
m house – a three-bedroom paradise in a wonderful neighborhood for his family. Looking at the worn picture, he imagines the day this house will be theirs. He can see the excitement o
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
his two daughters’ faces and the smile in his wife’s eyes.
Suddenly, the salesman’s daydream is interrupted as he pulls into the parking lot of his next client. He grabs the padfo
Suddenly, the salesman’s daydream is interrupted as he pulls into the parking lot of his next client. He grabs the padfo
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
io from the passenger’s seat, straightens his tie, and practices his smile in the rearview mirror. Completely relaxed from the morning’s drive, he confidently struts into the familiar
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
lobby, signs the guest log and takes a seat.
From down the hall, he sees his competitor leaving the conference room. He looks somewhat beaten and disheveled. “Good luck,” the compet
From down the hall, he sees his competitor leaving the conference room. He looks somewhat beaten and disheveled. “Good luck,” the compet
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
tor says with a cocky, sarcastic tone as he passes.
Our young salesman smiles, “Thanks.” His thoughts are already back to the picture taped to the visor in his car. Thinking of his
Our young salesman smiles, “Thanks.” His thoughts are already back to the picture taped to the visor in his car. Thinking of his
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
ream home and the opportunities it will bring his family always bring a smile to his face.
Within moments, the receptionist leads our salesman to the conference room. He is uncharact
Within moments, the receptionist leads our salesman to the conference room. He is uncharact
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
ristically calm as he shakes hands with each of the five suits seated around the large, mahogany table. Wasting no time, he leans forward, beginning his presentation. His excitement
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
evel rises as his enthusiasm and confidence drop from every pore of his body.
Our young superstar glides through the material like a well-choreographed figure skater, clearly outlinin
Our young superstar glides through the material like a well-choreographed figure skater, clearly outlinin
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
what doing business with him and his company would be like. On the opposite end of the table, the chief suit leans back in his leather chair, smiling. He is listening intently to ev
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
ery word our salesman uses.
Then, near the end of the performance, our salesman is interrupted with a single word. “Yes,” says the chief suit. Stopping his verbal melody, our salesm
Then, near the end of the performance, our salesman is interrupted with a single word. “Yes,” says the chief suit. Stopping his verbal melody, our salesm
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
n smiles and says, “Thank you, you’ve made a good choice.”
How could this salesman possibly win such a large account with so much ease? Was it his flawless performance? Was it his p
How could this salesman possibly win such a large account with so much ease? Was it his flawless performance? Was it his p
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
int-by-point presentation?
No. The truth is that our young salesman belongs to an exclusive club. It is a club made up of those who have a definite purpose in life; those who are no
No. The truth is that our young salesman belongs to an exclusive club. It is a club made up of those who have a definite purpose in life; those who are no
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
afraid to dream by day. Our salesman’s definite purpose is to make money to provide his family with a better life. His dream is so vividly etched in his mind that it lives in every
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
art of his being and is evident in his life. He knows that a dream is not just a secret wish; it is a lifestyle and a purpose.
When you dare to dream by day, you place your dream fac
When you dare to dream by day, you place your dream fac
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
-to-face with the everyday opportunities you have to help you achieve it. You realize that dreams are not meant to hide in the safety of an ephemeral sleep. You give yourself the stren
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
th and determination to transform dreaming into doing, and to make your dreams live in the unfolding of your life.
Have the strength to believe in your dreams – completely and continu
Have the strength to believe in your dreams – completely and continu
.
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
lly. As your dreams become internalized and mentally digested, your passion, determination and competence will be unmistakable to everyone you encounter. You will find that every wor
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
you speak, every step you take, and every hand you shake will sparkle with the magic of confidence. When you dare to dream by day, you will awake to a world of unlimited possibilities
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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