Useful Advices - Business

So you're looking for a conference venue? Not the size of the Taj Mahal, but something just as impressive. A venue with the right amount of space, fle

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

xible catering, including accommodation and the right facilities.

This is where the elegance, style and the intimate nature of an independently owned

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

Examples of combination products may in

hotel works well as a conference venue. These venues add their unique character and extraordinary service to your event. Finding the perfect environme

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

nt sets the necessary tone, playing an important part in achieving your desired outcome.

Whether you're hosting a meeting, conference, workshop, trai

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

ing course or social occasion here are a few things to look for in a hotel venue.

Space,

Does the hotel have the space you require? Whether t

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

Combination pro

e focus of your event is a meeting, banquet or an exhibit, space can be the a factor that is usually underestimated.

Avoid hiring a venue that is big

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

enough to seat 200 when you're only hosting a 20-person meeting. You only want to consider venues that can handle the event you’re planning. It is ad

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

isable to schedule a visit with your potential host prior to the event ensuring the venue meets your space requirements.

In the case of an event wher

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

e the number of guests is uncertain, make sure there are sufficient break-away rooms to avoid congestion.

Catering

Bear in mind that catering

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

needs to meet the special dietary requirements of your guests. Hotels have a flexible menu and unlike a catering company, the kitchen is at hand when

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

ou need it.

Conference Styles

Check to see if the hotel can host various conference styles including a theatre for presentations, a classroom

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

Following aspects would a

with a blackboard, a reception area and of course a boardroom.

Location

Find a centrally located venue, close to stations and some of the ar

dd to the challenges in developing combination products:

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

as main attractions as well as being within easy reach of the airport. With easy access by rail, tube or road, your guests will arrive for your event

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

in good time and ready for the day you have planned.

Equipment

Small details like air-conditioning make a huge difference. It helps a great d

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

al if the hotel is equipped with latest audio-visual facilities, this way you can avoid lugging around your own equipment or having to rent from a sup

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

lier.

Another thing to check for is high-speed Internet or wireless Internet.

Accommodation

The one drawback with venues like convention or

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

Professional from academic institutions, pharmaceutical industries, health care indust

conference centres, is that you would need to use a nearby hotel for accommodation. If your event is extended by more than one day, a hotel becomes ra

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

her convenient. Depending on the number of guests, most hotels will provide a discount on accommodation.

The hallmark of an independently owned hotel

.

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 the unique ambience provided by the venue. Staging an event in the right setting is conducive to a receptive audience. The wrong venue, whether in

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

Companies that provide selfless information through particip

ppropriately large, under serviced or under equipped, can have undesirable results.

Consider one of your local hotels the next time you host an event

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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