Advice You - Business

You get what you pay for.

There is much truth to this statement. If you buy a used watch on Ebay for $10, consider yourself lucky if it comes with a wristband- or hands. If you buy a j

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

alopy for a hundred bucks from a used car salesman named Guido, cross your fingers before you turn that key. And how about that 6-day, 5-night getaway cruise to the Bahamas, for $200? I

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

Examples of combination products may in

is probably nothing more than a ferry boat ride and a tour of roach motels. In one sense, you do get what you pay for. But there is also truth in the statement that "the best things in

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

life are free." Watching a sunset, receiving a compliment, or seeing your firstborn child take her first step are all priceless moments. Free conference calling services can be one of

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

ife's priceless moments, too.

How It Works
After singing up for free conference calling services, you get your own conference number. You can use this number for any conf

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

Combination pro

erence calls within the United States, and sometimes around the world as well. Companies can afford to offer free conference calling services because they charge for other services. Nat

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

onwide long distance carriers cover the fees. Sometimes, however, extra charges are required to avail of special services, such as downloading files or adding more conference participan

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

ts, the number of which exceeds the maximum presently allowed.

No Free Lunches
These extra charges prove that nothing in life is really free, including "free" lunches. So

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

eone pays for them. Likewise, free conference calling services are not totally free, and in the long term, traditional conferencing services could save your company more money. In fact,

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

participants can avail of free conference calling services by paying the local or long distance charge to access the company's service computer. The exception is only when the conferen

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

e organizer pays a small fee per minute per caller, to provide truly toll-free calling service to the caller.

To Free Or Not to Free - That Is the Question!
When choosing

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

Following aspects would a

a conference calling service, find one that best meets your business' needs. Factor in such considerations as budget, scope, and size. To begin with, determine if free conference callin

dd to the challenges in developing combination products:

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

g services is what you really need. A "Fortune 500" company that needs audio and web conferencing should go with a non-free conference call service provider. However, free conference ca

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

ling services are generally ideal for small to medium-size businesses that can live without the extra services and features that full conference calling companies provide. Furthermore,

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

if your company realizes that free conference services do not include toll-free calls and if they only need audio conferencing, then "free is key."

Benefits, Benefits, Benefits
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

When considering free conference calling services, it is wise to look at the features that may be included.

* No waiting and no reservations
* Digital fiber-optic lines

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

Professional from academic institutions, pharmaceutical industries, health care indust
* Support for Voiceover Internet Protocol, or VOIP, services
* Use of your conference number at any time and for an unlimited time
* Participant capacity ranging from 100 to
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ore
* MP3 recording for archiving, sharing, and playback
* Support of any calling device, such as a cellular phone, broadband phone, traditional phone, desktop softphone, an
.

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
d many others
* Unlimited international conference calls using traditional calling tools, or VoIP
* Computers are unnecessary for audio conferencing

Free conference calling s
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip
rvices are not perfect for every company. Neither do they come completely for free. They have their uses, however, and when utilized well, they can prove to be the best deal of the year

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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