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  • Advice Pool - Top 8 Reasons to Use a Site Selection Company for Your Next Meeting or Retreat

    Picture this…

    It’s a typical Monday morning…you’re swamped, it’s 11:00am and you are just getting through the projects on your desk that didn’t get finished from last week. It’s almost time for lunch and you haven’t even started today’s list yet. And then your boss walks in
    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


    1. He just told you that he wants to conduct an offsite meeting to talk about increasing sales for next year. He has great vision, but no concept of what planning this meeting takes.

    2. He wants the meeting to be held next month over specific dates, needs a general
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    conference meeting room, breakout meeting rooms, extra space for exhibit tables and a separate room in close proximity for dining and breaks.

    3. There is a budget that doesn’t seem nearly enough to cover lodging, let alone the entire program. You don’t have a meeting site
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    or lodging or menus yet, so how do you begin to know how to start budgeting?

    4. All 200 global sales representatives are required to be present which means you need to plan their air transportation, airport shuttles, figure out lodging and who can room with whom, arrange
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    special dietary menus, and respond to countless e-mail questions that will inevitably come your way.

    5. The meeting needs to be at a unique and inspiring venue that is easily accessible to global flights, preferably not in a downtown location and hopefully somewhere that t
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    he participants have not been as a group so they will be excited when they arrive.

    6. Team-building needs to be included in the agenda which means you either need to find a property that has their own team-building or recreation department that facilitates team-building, o
    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
    r you need to outsource this to a vendor (more research and work).

    7. Recreation options also need to be easily accessible and affordable – the only thing you can think of is golf, but that is so traditional, and not everyone plays. If the properties you research don’t ha
    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
    ve recreation on-site, that means more research and more work.

    8. Although you are very detail-oriented and organized and are accustomed to working long hours, you can see that this task is too much for you to handle alone. You need help, but it’s not in the budget to hir
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    e an assistant.

    What if there was a company out there that could help you with the time-consuming, tedious task of finding just the right property that meets all your criteria and using them doesn’t compromise or threaten your job? What if they work in tandem with you and it
    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
    ’s a free service? You are no longer set up to fail – you are the hero…with their help, you have found just the right property, you have spent little or no time doing so, which means you have just saved the company time and money.

    Finding just the right property for your off
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    site meeting is the most time-consuming task of the entire planning process:

    *Placing numerous phone calls

    *Repeating the same questions to each property you are contacting (are you even asking all the right questions?)

    *Collecting proposals

    *Evaluating all the proposals

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

    Following aspects would a
    *Making more phone calls because the proposals are unclear

    *Making the right recommendation (and decision)

    A skilled site selection company will work with you to determine your program’s lodging, meetings, meals and recreation requirements. They will take that information a
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    nd contact numerous properties on your behalf, analyze the information for you and give you recommendations. The site selection company does the leg work; the property knows you are the decision maker which keeps you in control.

    The site selection company is compensated by a
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    placement fee from the property that earns your business, so there is no cost to you for these services. The hotel’s focus is getting your business – it is an industry-wide practice to pay a commission to site selection companies for helping them fill their rooms. Propertie
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    s know they are competing for your business and provide the best rates without regard to any fees or commissions.

    If you want help with event planning once you have contracted the property where your meeting will be held, ask your site selection company. Often times they wil
    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
    l offer a full array of planning services including pre-event planning and on-site event management. These services can be provided in an hourly format: you only pay for the work that is needed, and you remain in control of your budget and the planning process.

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

    Professional from academic institutions, pharmaceutical industries, health care indust
    u have help with these services? Planning and overseeing a meeting requires valuable time and attention before the event takes place, as well as once you are at the meeting location. By hiring a meeting professional to plan and manage your meeting, you can confidently leave
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    all the details to them, freeing up yourself and your staff to focus on growing your business, and knowing that the meeting will be handled in a professional and knowledgeable manner.

    Remember, the site selection company is compensated by the property that earns your business
    .

    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
    , so there is no cost to you for site selection services. There is absolutely no risk to you…you do not need to have the site selection company on retainer or under contract for site selection – these services are free of charge to you. You have nothing to lose…get rid of the
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    pressure and still be in control of your program – contact a site selection company for your next offsite meeting or retreat. Plan a professional event AND save your company time and money! Once you’ve done it, you’ll never go back to planning a meeting alone.

    Warm regards


    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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