Advice You - Business

Outsource Architectural Design Services to India

Engineering services outsourcing in India has the potential to grow to $10 billion in three to five years, from its current level

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

of $3.5 billion, according to NASSCOM, India's apex body of the software and services sector.

India with its wealth of expertise in Architecture, Engineering & Construction (AEC) is in a

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

Examples of combination products may in

strong position to give you solutions that combine aesthetics, functionality and cost. Such like 3DCities India (www.3DCindia.com), are one of the leading company in India and having ve

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

y good experience in Architectural and Civil field since 1999

Value in Outsourcing Architectural Design Functions

Outsourcing important Architectural Design services like Buildi

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

ng and Structural Design, Exterior/Interior 3D Rendering, Plans, Elevations & Sections, Cost Estimation and so on makes good business sense. Company can maximize profits as you save on ti

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

Combination pro

e and human resources. Your key personnel can focus on the critical design phases of your project, or even begin on your next project!

India - The ideal KPO watering hole

With i

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

ts firepower of engineers, chartered accountants, doctors, MBAs, lawyers, research analysts, scientific researchers and PhDs, India is well positioned to address the global KPO need. The

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

ready access to a large intellectual pool with domain expertise in specialized areas, coupled with operative English language skills.

The Mainstay – The Indian Education System

T

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

e ideal KPO employee possesses domain specialization, computer skills & English proficiency. With the Indian way of education which lays great emphasis on higher education & specializatio

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

n, a talent pool with specialized knowledge in any field is readily available. There is also tremendous emphasis on mathematics and science, resulting in a large number of science and eng

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

neering graduates.

The Indian Ivy League

The Government of India set up IITs (Indian Institute of Technology) and IIMs (Indian Institute of Management) across the country in the

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

Following aspects would a

50s & 60s. These ivy-league institutes of formal education are centers of excellence competing with the best institutes worldwide.

India's Higher Education System

India has mor

dd to the challenges in developing combination products:

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

e than 250 universities (over 900 colleges) and engineering colleges providing computer education at the degree / diploma level. The output of trained human power at the degree / diploma

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

evel has been consistently increasing since 1985 and touched 130,000 during 2000. The formal education system is augmented by thousands of private training institutes providing computer e

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

ducation. By mid-2002, India had 840 business schools, which churned out 65,000 MBAs.

Indian Institute of Information Technology

Another milestone was the establishment of IIIT

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

Indian Institute of Information Technology) as a joint initiative between the government and industry. Apart from producing B.Tech / M.Tech / PhD graduates, it also trains professionals a

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

Professional from academic institutions, pharmaceutical industries, health care indust

nd industry-sponsored candidates.

The English Advantage

In all good educational institutions, from kindergarten to graduation & beyond, the preferred medium of education is Engl

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

ish resulting in a significantly large population of educated & qualified professionals being conversant if not proficient in the English language.

Government Policies that will aid K

.

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

O

The Indian government has recognized that knowledge processes will influence economic development extensively in the future & has taken remarkable measures towards liberalization

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

Companies that provide selfless information through particip

and deregulation. Recent reforms have reduced licensing requirements, made foreign technology accessible, removed restrictions on investment and made the process of investment much easier

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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