Advice You - Business

This condition has applied to all of another or us at one time. Admit it. There are times when you have thought about doing something b

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

ut never got around to doing it. You are not alone. Many people spend a considerable amount to time thinking, but not doing. The proble

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

Examples of combination products may in

here lies not in the thinking, but in the lack of action. It doesn't have to be that way. You can change if you learn to think and pla

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

your next steps so you know what to do.

Thinking and not acting on your thoughts can be habit forming and often leads to what I call

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

hronic procrastination. That is when you put off doing most things instead of doing them when they need to be done. This leads to alwa

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

Combination pro

s being late, often being behind and to being in a constant state of trying to catch up. You know who you are. You are not alone and th

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

re is something you can do to change your situation. Here are some tips for how you can go from thinking to doing.

- Get in the habit

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

of writing down your thoughts about things you want to do or that you think you ought to do. Keep a pad with you wherever you do. Write

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

down even your random thoughts that you may not spend much time on.

- Review this list at least once each week and remove any items th

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

t no longer appeal to you.

- Choose an item from the list and make a plan for how you will get it done. Set a time line, make notes on

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

who and what you will need to take that thought and turn it into action.

- Don't be afraid to cross items off the list if they cease t

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

Following aspects would a

appeal to you after a few weeks.

- After a few weeks you should be seeing a pattern, as you will begin to get a sense of what is real

dd to the challenges in developing combination products:

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

y worth thinking and acting upon.

- Look for any connection that might exist between the thoughts you have collected.

After a few wee

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

s, if you are faithful to this process you will find that you are actually spending more time doing than thinking. Over the weeks you w

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

ill have disciplined yourself and taught yourself to organize your thoughts and to create a plan of action.

You will be amazed at how

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

uch you are getting done. You will find that procrastination is much less of an issue because you will know what to do and when. You w

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

Professional from academic institutions, pharmaceutical industries, health care indust

ll be surprised how productive you can be and how much time you will have for other things. The items you cross off the list over and o

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

er and the items you don't write a plan of action for, help you to determine what is really important in your life. Concentrate on the

.

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

hings that matter and you will be motivated to set goals, plan and carry them out.

You can go from thinking to doing. Your thoughts to

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

Companies that provide selfless information through particip

ay can become your successes tomorrow. Use the tips in this article to think, plan and then act. Take some time now and think about 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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Advice You - How to Go From Thinking To Doing

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