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Advice You - But No One Else Is Doing It!
No one else is doing it? Great! In business, sometimes we have to do things differently than everyone else in order to succeed or excel.
A friend of mine, many years ago, worked in an offic
A friend of mine, many years ago, worked in an offic
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
e where there were dozens of typists typing on manual typewriters. One day, they were all informed that they would have to learn to type on electric typewriters – NOW – because every manual w
; 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
as about to be replaced by an electric typewriter. No one else was doing that, and those typewriters were probably an expensive investment. Eventually, though, the office needed fewer typist
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
, which saved them money. And the typists all learned to type even faster on electric typewriters than they had on manual ones. Other companies were not doing this, but this company decided
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
to be one of the first.
In a company where I worked – again quite a few years ago – there was a graphics department where important work was designed and printed. There was also a typing poo
In a company where I worked – again quite a few years ago – there was a graphics department where important work was designed and printed. There was also a typing poo
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
where the overflow from department secretaries was sent. And then someone got the bright idea to install some word processing machines in still another room, where projects that were more co
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
mplex than typing form letters, but didn’t have to look like professionally bound books could be created. Soon, those word processors took over many of the jobs that the graphic design depart
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
ment had been doing. And the company saved money, even though they were doing something new and different.
One company I know of was among the first to give every executive a computer of his
One company I know of was among the first to give every executive a computer of his
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
her own. They were expected to send routine memos themselves, rather than dictating them to a secretary or asking said secretary to write them. What a unique idea that was at the time. But
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
now in most companies, people of all levels have computers on their desks for that very thing.
Still another company urged every employee to think of ways to improve the company in every way
Still another company urged every employee to think of ways to improve the company in every way
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
customer service, production, productivity, public relations, whatever. They installed suggestion boxes on each floor and actually read each and every suggestion with open minds. They often
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
called employees to the executive offices to discuss the suggestions they submitted. And if an idea was implemented and actually saved the company money, the person who submitted the suggest
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
ion was given recognition in the company newsletter and given a bonus for helping save the company money.
A few years ago, a major retailer decided to empower every employee to make decisions
A few years ago, a major retailer decided to empower every employee to make decisions
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
about refunds and adjustments, rather than always having to call a manager to help. Employees were given information that had been held back from them before – about overhead costs and the re
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
al costs of theft and shoplifting, among them. The changes in employee attitudes was immediately noticeable, even if the general public didn’t know the reason. Employees walked through the 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
ores showing confidence in themselves and pride in their stores.
Having employees who are brave enough to suggest innovative ideas is something every company should desire and cultivate. Emp
Having employees who are brave enough to suggest innovative ideas is something every company should desire and cultivate. Emp
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
loyers should want employees who care about their jobs and their companies. And yet, every day companies are experiencing declining profits because they refuse to listen to employees who actu
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ally perform the work. Companies refuse to be among the first to try new ideas, preferring, instead to keep doing what has always been done before.
New ideas can fail. But nothing that was
New ideas can fail. But nothing that was
.
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
ried and failed was truly a failure, if lessons were learned from the mistakes.
Sometimes the only difference in two otherwise identical companies is the way they treat their employees and th
Sometimes the only difference in two otherwise identical companies is the way they treat their employees and th
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
e way and whether they institute change and take risks. And yet one will thrive and one will fail.
Does your company foster creativity? Or does it go about business every day mocking change
Does your company foster creativity? Or does it go about business every day mocking change
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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