Top Adding - Home Based Business

We have all seen a rose bush. That beautiful rose, all closed up. We are waiting fo

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

r it to open up, watch it blossom and grow.

When I saw one the other day, it start

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

Examples of combination products may in

d me thinking. That roses are like many new businesses. A new business starts out

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

s one of many, like our rose is one of many on that bush. Some roses blossom and so

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

e don’t. Some last longer than others, and some just drop off, break or die just li

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

Combination pro

ke businesses do.

The first rose is the beginning ( a chance for our business to g

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

ow). In the beginning days of our new venture everything is wonderful, fresh, we se

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

all the possibilities. However, as we move along (down the stem of our rose) we en

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

ounter some thorns. The thorns are the things that can go wrong. They are the littl

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

e bumps and problems we all encounter in our business. However, we continue to move

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

down the stem and grow our business.

Every business has it thorns. Moving down th

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

Following aspects would a

stem is moving forward and growing the business, letting it blossom and open, util

dd to the challenges in developing combination products:

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

zing all the petals. Realizing that some petals are going to fall off, but the rose

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

is still there.

Some people will insist in their business things are always rosy,

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

that there are no thorns. Come on, no thorns, no problems. Sorry, I can’t believe 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

at. All of the various businesses I’ve both run and worked for had there own set of

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

Professional from academic institutions, pharmaceutical industries, health care indust

problems.

However, if you nurture and take the steps to take care of the rose, it

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

will blossom and renew itself on a yearly basis, just like our businesses which con

.

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

inue year after year, with something new happening each year.

So let today be the

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

Companies that provide selfless information through particip

ay you allow your business to start blossoming!

Copyright 2007, DeFiore Enterprise

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.topadding.org.ua/article/149677/topadding-How-Our-Business-Is-Like-A-Rose.html">How Our Business Is Like A Rose</a>

BB link (for phorums):
[url=http://www.topadding.org.ua/article/149677/topadding-How-Our-Business-Is-Like-A-Rose.html]How Our Business Is Like A Rose[/url]

Malcolm Muggeridge is quoted as saying that only dead fish swim with the stream. I was reminded of this truth yesterday as we enjoy the beautiful summer day by taking a walk for the neighborhood.

For parents having sons or daughters graduating from high school, the costs related to entering college is indeed scary - so then most parents save in preparation for college but most too, often overlook the costs related to high school graduation resulting at times, to using the college fund for high school graduation.

General tips when applying for a mortgage, personal loan, refinance or consolidation. Read this article...You will thank me...don't get tricked!

Tags

Links

Top Adding - How Our Business Is Like A Rose

Related Articles: