Advice You - Business

Can we get the United States of America to run like a perfect w

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

atch and then take this system of government, checks and balanc

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

Examples of combination products may in

es and systems of civilization and franchise it the world over

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

in a secondary system called the World Franchise System? Is it

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

possible to Franchise a perfect Government models to All Nation

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

Combination pro

s? Recently this topic came up between some thinking people and

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

one stated;

"The while we might be able to get the US to run

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

like a perfect timepiece, franchising it to our neighbors means

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

overcoming the inherent religious and political boundaries tha

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 we are facing today."

Regional variation in franchising is d

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

ly noted and McDonalds is in 165 countries. I think I can handl

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

Following aspects would a

e that, Ray Kroc did it without the knowledge base and in hinds

dd to the challenges in developing combination products:

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

ight I see any errors, which were made, no problem. We franchis

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

e the "System" not the flavor or exact menu. Each area will kee

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

p its culture, but the SYSTEM running the civilization will be

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

set up to run perfectly with triple redundancies in place to ha

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

Professional from academic institutions, pharmaceutical industries, health care indust

ndle the needs of human civilizations.

Imagine franching a Gov

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

ernment Model to all emerging Nations and calling it the World

.

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

Franchise System, such a scenario could finally unite the world

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

Companies that provide selfless information through particip

in a common cause. So, perhaps we should consider this in 2006

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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Mastermind group is the getting together of two or more minds for one common purpose. They work in harmony to give support to each other through ideas, encouragement, insights and resources in a non-competitive environment.

Come on. How many of those business cards actually get referenced? Not many; in fact you and I have a few littering the bottom of a desk drawer right now. Would you like to find ways to really grab a clients attention? Would like to turn more contacts into customers?

Currently in United States of America we are worried about high oil prices, Middle Eastern politics, our national debt and illegal immigration; so what else is new? You know I always find interesting is that the United States of America's government keeps doing the same things and keeps getting the same results.

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Advice You - Franchise Government Models to All Nations; World Franchise System Scenarios

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