Advice You - Business

Every small business knows that you participate in the community, then the commun

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

ity will shop in your store. In a franchise business, the franchisor should also

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

Examples of combination products may in

encourage, if not require a franchise outlet to do community service and stay inv

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

lved with the community that will support them.

It is for this reason that in my

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

company, we required as per the franchise agreement, as well as the confidential

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

Combination pro

perations manual, that each franchisee perform fund-raising events for local char

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

ties. It may seem all odd that a franchise or would have required as of their fr

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

nchises, but I don't see it that way. I wanted to be known up front in prior to

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

he commencement of the franchise operation that he franchisee is required and mus

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

help the community. Below is the clause I've put into each and every franchise

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

greement;

3.16.5 Community Events

Franchisee must perform twelve (12) car wash

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

Following aspects would a

fundraisers, one for each month, for their local community(s) each year.

During

dd to the challenges in developing combination products:

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

ainy months in your Marketing Area and with our prior written approval Franchisee

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

may substitute one community service project per quarter in lieu of three car was

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

fundraisers as outlined in the Confidential Operations Manual. All community eve

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

ts are to be performed no further than fifteen (15) miles from any border of thei

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

Professional from academic institutions, pharmaceutical industries, health care indust

Marketing Area or within their Marketing Area.

--- --- --- ---- ----

As your f

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

anchising company considered requiring community service and community involvemen

.

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

? If not, perhaps you will contact your franchising attorney and ask them if thi

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

Companies that provide selfless information through particip

makes sense for your franchising company. I hope you will 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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Hotel staff all over the world do this every day and turn their biggest opportunity into their worst nightmare. Guests often arrive at your hotel with anything but the best of moods. Today’s air-travel experiences can do this. The problem is that most hotel staff decide not to actually help these guests, but shut them out, give the attitude right back and quickly brand the guest “the enemy”. The message about the “enemy” will spread faster than a virus throughout the hotel, resulting in misery for the guest and a bad day for the staff. The author describes this “enemy guest” mentality and how to overcome it.

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Advice You - Community Involvement and Franchising

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