Useful Advices - Business

All of us go to meetings regularly and have experienced long, drawn out meetings w

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

here issues are discussed inefficiently at best. Meetings do not have to be like t

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

Examples of combination products may in

at. Here are some of tips to make meetings more proactive, productive, and efficie

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

t.

Do not call unnecessary meetings. Instead of calling all the managers or maybe

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

even the whole workforce to discuss a small issue, send out email or instant messa

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

Combination pro

es. This will save time because everybody will not have to waste time walking over

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

to a boardroom. Instead, they can simply read an email at their desks.

Get to th

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

point. Explain the issue and immediately say what you want others to do about it.

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

Listen to their thoughts and work their opinions and recommendations into the prop

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

sed solution. This will create an atmosphere for efficiency and cooperation. Meeti

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

gs do not have to be hour long affairs. You can easily cut long meetings down to 1

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

Following aspects would a

5 minutes if you are quick and productive.

Only meet with the necessary people. M

dd to the challenges in developing combination products:

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

etings do not have to include everybody everybody in your organization. A sales re

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

ort meeting does not require the presence of your public relations officer. If you

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

feel that other people need to be aware of what was discussed, send them the minut

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

s and summary of the meeting.

Have a goal for every meeting. You cannot go into a

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

Professional from academic institutions, pharmaceutical industries, health care indust

meeting without knowing exactly what you want achieved or changed. Inform people

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

n the meeting of the agenda and stick to it. Do not get sidetracked.

Meetings are

.

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

often tedious, stressful affairs. However they do not have to be like that. Meetin

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

Companies that provide selfless information through particip

s can be short and productive if you meet with the right people and maintain focus

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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