Useful Advices - Business

While price might be the number one consideration, there are a lot of other factors you should investigate when cho

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

osing to rent a training facility.

First there is the obvious question: do the specs of the computers meet the tec

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

Examples of combination products may in

nical needs of the training? You will want to check that the CPU speed, the memory, and the size of the hard drives

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

. You will also want to make sure that the type and size of the monitors meet your needs.

Next you need to ask abo

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

t technical support. Is there a dedicated technical expert support person onsite who has the expertise to install a

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

Combination pro

d support the software you will be using? Be sure that the technician will be on site the entire time that the clas

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

sroom is being utilized to handle any problems that might pop up.

You also need to check the physical characterist

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

cs of the classroom. Make sure it is large enough so that each student has adequate space for monitors, manuals and

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

room to take notes. Make sure the projector is high quality and that there are whiteboards, flipcharts or other med

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

ia for the instructor to use.

An often overlooked aspect is HVAC. You don't want your classroom to be freezing or

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

verheated. The ideal configuration is for the classroom to have its own controls so that heat and air conditioning

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

Following aspects would a

an be adjusted according to the number of students present.

Be sure to check on other amenities that you want for

dd to the challenges in developing combination products:

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

your students. Are beverage and snacks included? If not, is there a per person charge for catering? Is there a brea

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

room available to the students? Can lunch be brought in? If people are traveling, how close is the nearest hotel?

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

s the hotel walking distance or is other transportation needed? Is there a negotiated rate with the hotel for your

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

students?

A last consideration is the building itself. Is it modern and attractive? Is the location centrally loca

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

Professional from academic institutions, pharmaceutical industries, health care indust

ed and easy to find? What about parking? You will want to find out if free parking is available at the venue for st

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

dents, and if not - find out where parking can be found and what fee the student can expect to pay. If there is a c

.

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

harge for parking you may want to make arrangements to cover the cost for the students.

By following these guideli

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

Companies that provide selfless information through particip

es you will ensure your ability to provide a comfortable and hassle free environment for your training presentation

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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