Useful Advices - Business

If you're not global, you're not going to be competitive. You're no

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

t getting the benefit of the best people no matter where they are.

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

Examples of combination products may in

hat's why there is a need to be in India to build your business.

T

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

at's why there is a need to learn Hindi language.

Professor David

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

rystal, Author of the "Cambridge Encyclopedia Of The English Langua

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

Combination pro

e" predicts that Indian English (or, Inglish) will soon become the

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

ost widely spoken variant of English as a result of India's economi

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

rise and the sheer size of it's population. When 300 million India

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

s pronounce an English word in a certain way, he says, "it will be

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

he only way to pronounce it."

Whether or not that prediction becom

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

s a reality, the reasons quoted by the professor - economic rise an

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

Following aspects would a

d population size - are certainly there for all to see.

And if it

dd to the challenges in developing combination products:

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

an have such a profound effect on English language, can one deny th

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

influence of Hindi language which is mother tongue of a majority o

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

Indian population and national language of India.

There was a rec

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

nt article- "Wikipedia Plans More Indian Languages on Its Website".

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

Professional from academic institutions, pharmaceutical industries, health care indust

The reason quoted is that Hindi, though a very large language, has

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

nly 1,500 entries in it and they want more contribution from Hindi

.

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

anguage writers as they have realized the importance of Hindi.

I g

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

Companies that provide selfless information through particip

ess it is the right time to learn this language and benefit from it

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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Useful Advices - Learning Hindi Could Set You On Your Journey To Your Global Business

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