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Useful Advices - Annual General Meetings (AGM)
When you are looking to hold an annual general meeting (AGM), there are a variety of things to consider when selecting an appropriate venue to host the gathering. Not only will you be looking for a suitable professional venue to reflect the image and purpo
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
se of the company or trust, you will also need to consider the availability of professional and business support services, location and accessibility, comfortable accommodations for meetings that last days rather than a few hours, and the size of venue that
; 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
can hold your attendees.
Annual general meetings (AGM) for many companies and trust organisations are major highlights of the business year requiring a great deal of logistical organisation. These meetings also provide an opportunity to demonstrate to sha
Annual general meetings (AGM) for many companies and trust organisations are major highlights of the business year requiring a great deal of logistical organisation. These meetings also provide an opportunity to demonstrate to sha
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
eholders and investors the results of business performance over the last financial year as well as management plans for the future. It is essential that the right venue be selected, as proper consideration in choosing the venue to hold your annual general
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
eeting will pay good dividends.
Consider the number of attendees you are likely to expect, and bear in mind that if you are a publicly listed company, this may run into hundreds or thousands that may or may not decide to turn up on the day. You may be loo
Consider the number of attendees you are likely to expect, and bear in mind that if you are a publicly listed company, this may run into hundreds or thousands that may or may not decide to turn up on the day. You may be loo
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
king to combine your annual general meeting with other company related events such as a product launch, PR event, or training courses that shareholders and staff may participate in, and this also needs to be factored into your decision for hosting the event
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
. Once you have a realistic estimate of the number of attendees, consider the ability of the venue to handle spillover numbers, not just for seating capacity but also parking, food services, and overnight guests.
The geographical location of the venue for
The geographical location of the venue for
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
the annual general meeting (agm) also must be seriously thought through. Many meetings take place in London every day; however, before you decide to follow the herd or hold a meeting at the main operational location, take some time to look at where your sh
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
reholders and stakeholders are actually located. Some organisations deliberately host their annual general meetings at different locations around the country in order to be able to show off differing parts of the company or geographical divisions and dovet
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
ail this with what the change of scenery has to offer. The National Trust for instance, holds its annual general meeting at a different venue each year to provide management and stakeholders with the opportunity to sample first hand the efforts of the Trus
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
.
The availability of overnight accommodations is also an important factor to consider when selecting your venue for hosting the annual general meeting. In this instance, the cost is primarily borne by the guests attending and not the company itself, so t
The availability of overnight accommodations is also an important factor to consider when selecting your venue for hosting the annual general meeting. In this instance, the cost is primarily borne by the guests attending and not the company itself, so t
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
e ability to offer a range of accommodations to suit the varying budgets of your attendees becomes a good plus point. Bear in mind that quality accommodations will be required for company guests such as potential major investors and business partners who w
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
ll be attending. These are likely to be required to be close at hand in order to facilitate business meetings and negotiations outside the main event.
It should go without saying that communication and transport links are essential, particularly for meeti
It should go without saying that communication and transport links are essential, particularly for meeti
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
ngs that will only be held for the day. Proximity to rail and road links that will allow travel to and from the venue comfortably will go some way to ensuring that attendees arrive fresh and able to conduct the business of the day. Consider what shuttle t
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
ansport services the venue is able to provide to collect and return attendees to the train station or airport, bearing in mind that attendees will be voting on company resolutions such as director's remuneration and their ability to serve on the board for t
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
e forthcoming year and to an extent they need to be catered for.
The ability to provide a wide variety of services such as corporate hospitality and business support services will also mark out those venues that are suitable for hosting your annual general
The ability to provide a wide variety of services such as corporate hospitality and business support services will also mark out those venues that are suitable for hosting your annual general
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
meetings (agm). Asking your prospective venue providers what experience they have in hosting PR events, corporate hospitality provision, training, and team building exercises will help you gain an idea of the professional capability of the venue. Combinin
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
g these ancillary factors together with the more obvious considerations such as hotel size and location will help you narrow down the choices available to you for hosting the meeting.
Whatever the choice you make, it is important to keep in the forefront o
Whatever the choice you make, it is important to keep in the forefront o
.
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
your mind what the annual general meeting (agm) is for and who will be there. This is the meeting where management and shareholders meet and vote on issues facing the company for the immediate future. How well the shareholders are catered for is a direct
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
reflection upon how important management considers shareholders to be. The image that is projected by the selection of the venue will also reflect directly upon how the company is perceived by the shareholders themselves, and it is they who own the company
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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