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Advice Pool - The Time To Start Working On Your Dream is Now - Not Later
Most of us are hesitant to start anything because we are afraid we might make a mist
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
ake or fail. Go ahead make mistakes! Don’t wait for more experience or to be good en
; 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
ough to start. You don’t have to be good to start, but you have to start to be good.
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
Some may tease and laugh at you. They will warn you, and recite all the reasons why
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
you shouldn't take the risk. These will be the ones to wait around patiently hoping
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
to say, “I told you so.” Brush them off. If you let these people influence you in a
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
y way, you will never, ever be ready to go ahead and start making your dream a reali
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
ty.
You will never have enough money, enough time, enough support, or experience to
You will never have enough money, enough time, enough support, or experience to
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
start. But once you muster up the courage to take that giant step forward and start
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
the rest will fall into place. But only YOU can make it happen! Start NOW with what
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
ever you know, whatever you have, and wherever you are.
Don’t let money be your han
Don’t let money be your han
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
dicap. You don’t need money to make the phone call, attend that networking event, or
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
go as a guest to an association meeting in your field. How about volunteering a few
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
hours a week to work for someone in the business arena that you're thinking about? D
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
o you see what I mean? You have so many opportunities out there. Do something!
Be s
Be s
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
re to keep a good database. Record your contacts and touch base with them every thre
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
e months. And guess how much that will cost you? Zero. Most computers already come w
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ith a database program. All you need is a little time which you can choose to create
.
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
right now.
Your assignment: This month, write down what kind of resources you will
Your assignment: This month, write down what kind of resources you will
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
need and which people can help you make your dream a reality. Be creative! Go for 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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