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Advice You - Event & Meeting Planners: Did You Know? Collaboration Is No Longer A Luxury, It Is A Necessity
There is one powerful strategy all event and meeting planners use to reach the level of success they really dream about. It has nothing to do with event themes or locations, or your budget. It has nothing to
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
do with your training in the industry. What I am talking about is much more powerful, and has the potential of positioning you as #1 in your industry and to generate business you never thought possible.
Let
Let
; 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
me explain.
When I first started my business, I felt very much alone. I had this feeling of pulling all the weight by myself, very limiting. As soon as I started collaborating with other people, I began feel
When I first started my business, I felt very much alone. I had this feeling of pulling all the weight by myself, very limiting. As soon as I started collaborating with other people, I began feel
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
ng like nothing was impossible! I would come up with an idea, pitch it to one of my partners, and we would almost immediately turn it into a new revenue source. It took me a while to understand how to approac
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
h new partners, where to find them, and what to say to get a "yes."
What I've learned is that collaboration is a very powerful business building strategy. Collaboration, when done right, makes everything eas
What I've learned is that collaboration is a very powerful business building strategy. Collaboration, when done right, makes everything eas
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
ier. Everyone can collaborate. Collaborating is the "extra" in every extraordinary event and meeting industry professional I know. If you're like many other event and meeting industry professionals, you might
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
find yourself overwhelmed and unable to grow in the business, or grow your business, without putting in more time and effort doing the same old things. Collaboration will allow you to multiply your efforts, s
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
ave time and money, and uncover the resources and opportunities you need to become extraordinary.
You may think collaboration is an advanced strategy but actually a lot of people who are new in this business
You may think collaboration is an advanced strategy but actually a lot of people who are new in this business
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
get big through collaboration. A lot of people who do collaborate do it on a subconscious level. Collaborating is inherent in the event and meeting industries. You do it every single day in some way. Think a
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
out your events and meetings, the companies behind them, the vendors and suppliers you use.
The biggest most successful projects I've seen come to life are the direct result of two or more people coming toge
The biggest most successful projects I've seen come to life are the direct result of two or more people coming toge
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
ther. Combining their unique talents and creating something extraordinary. Collaboration happens every day, in every industry, in every area of our lives.
I want to help you realize your desire to become acc
I want to help you realize your desire to become acc
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
omplished in the event or meeting industry. There are 7 powerful lessons which will take you there through the power of collaboration.
Lesson 1 - Through collaboration you can accomplish more than ever befor
Lesson 1 - Through collaboration you can accomplish more than ever befor
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
and liberate yourself from your time and resource constraints. You need to be able to share risks, costs, and resources.
Lesson 2 - You can accelerate your success in the industry by knowing "how to" form w
Lesson 2 - You can accelerate your success in the industry by knowing "how to" form w
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
inning partnerships.
Lesson 3 - Expand your event and meeting career and business more rapidly than you thought possible by collaborating with others. This will allow you to think bigger, compete for bigger
Lesson 3 - Expand your event and meeting career and business more rapidly than you thought possible by collaborating with others. This will allow you to think bigger, compete for bigger
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
events and meetings and create more memorable events.
Lesson 4 - Gain recognition and higher credibility in the industry through focused networking.
Lesson 5 - Create your ideal partnerships and be more com
Lesson 4 - Gain recognition and higher credibility in the industry through focused networking.
Lesson 5 - Create your ideal partnerships and be more com
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
etitive in the events and meeting industries.
Lesson 6 - Creating memorable events and meetings is all about having more skilled resources at your disposal. Create a winning team of experts and professionals
Lesson 6 - Creating memorable events and meetings is all about having more skilled resources at your disposal. Create a winning team of experts and professionals
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
to work collaboratively on the same project.
Lesson 7 - Build winning customer relationships by offering your customers more, solving customer's problems faster, improving your services by collaborating wit
Lesson 7 - Build winning customer relationships by offering your customers more, solving customer's problems faster, improving your services by collaborating wit
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
h others.
Call for Action
Move yourself into the collaborative mindset and into action by taking a step today by answering the following questions:
> What do you believe is the greatest single advantage or
Call for Action
Move yourself into the collaborative mindset and into action by taking a step today by answering the following questions:
> What do you believe is the greatest single advantage or
.
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
benefit your customers gain by working with you?
> What are the 3 top pitfalls you're concerned about in your work as an event and meeting professional right now?
> How could you collaborate with others to
> What are the 3 top pitfalls you're concerned about in your work as an event and meeting professional right now?
> How could you collaborate with others to
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
overcome these pitfalls?
> Among people who have the power to help you succeed through collaborations, identify who you know personally and/or who could introduce you to the people who could help you succeed
> Among people who have the power to help you succeed through collaborations, identify who you know personally and/or who could introduce you to the people who could help you succeed
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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