Useful Advices - Business

There are always two sides to every conversation or presentation. Both are equally important, but one always comes easier

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

to us than the other.

Often, in conversation, we use the time when another individual is speaking to formulate our next re

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

Examples of combination products may in

ponse or consider completely unrelated topics. It is rare for our attention to be focused intently on the other person’s w

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

ords. Similarly, when in attendance at a presentation or meeting, it is easy to allow our minds to wander or become engros

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

ed in minor details and distractions, therefore missing the full import of what is being presented to us. But really, if o

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

Combination pro

e is not listening intently to what is being said, what is the point of being present?

The following list of points is vit

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

al to learning how to listen effectively:

· Concentrate on Concentration: It may sound strange, but it is no

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

only possible, it is vital to consciously focus our mental energy on the information being presented, or on the words of t

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

he associate we are conversing with. It has been estimated that the average speaker speaks at 125 words per minute. At th

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

same time, our mind can comprehend approximately 400 words per minute. That leaves a lot of room for wandering if we allo

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

it. We must pull down a mental curtain that blocks outside thought from interfering with our listening.

· Take Not

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

Following aspects would a

e: If listening to a presentation, brief notes can serve to keep our ears and mind focused on the material at hand,

dd to the challenges in developing combination products:

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

as well as provide a beneficial means of review later on. Be sure to keep them brief, however, as extensive notes can serv

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

e as more of a distraction.

· Question and Answer: A good indication of one’s ability to listen in conversat

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

on is the ability to ask intelligent questions or give appropriate answers when requested. The desire to do so will spur u

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

to remain focused on what is being said. Similarly, when listening to a presentation, the mental questioning of a specifi

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

Professional from academic institutions, pharmaceutical industries, health care indust

c point, and subsequent search for the answer in the speaker’s further presentation, will demand our listening skills remai

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

sharp.

· Look the Part: Appropriate eye contact with the speaker is not only polite in personal conversatio

.

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

n, but also serves to keep outside visual distractions from impairing your ability to listen.

Certainly, our focus on trul

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

Companies that provide selfless information through particip

listening to the other person, rather than merely hearing them, will go a long way in improving our ability to communicate

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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