Advice You - Business

BPO (Business Process Outsourcing) has become a dirty word in the west. It signifies loss of jobs. It means some n

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

ondescript, incapable, dumb, less-than human creature sitting somewhere in the third-world is eating steadily into

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

Examples of combination products may in

the innards of a white-collared worker in the US or UK. Perhaps, there is some truth in that. Or, may be not. Ther

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

is another side to the whole controversy.

For hundreds of years the west has held economic and military sway ove

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

most of the world. It's another matter that, for a period before that, the east was more advanced culturally and

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

Combination pro

economically. Over the past hundreds of years, those from the west looted, pillaged and exploited most of the worl

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

, especially the eastand Africa, in particular. But, fortune has wheels that turn and the wheel is turning and onc

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

again - economies of the east are poised to prosper.

The populace from the east faced its unenviable fortune wit

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

grace and fortitude during the dark days when they were enslaved, exploited and treated with utmost contempt.

If

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

things are changing and some in the US or UK or other parts of the west, are losing jobs to ‘cheap’ labour from t

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

e east, then let them look for sources of strength within their culture and, if they can, in their spirituality. T

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

Following aspects would a

ere are millions of people starving across the world and there are consumers of useless drinks and junk food who s

dd to the challenges in developing combination products:

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

are no thought for the hungry or lift a finger to help. Why, then, this sudden concern and paranoia?

Are jobs and

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

employment, comfortable living and human rights the sole preserve of those from the west? Just because one belong

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

to the west does it give one an intrinsically more sacred or holy right right or privilege - a previlege just for

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

them and not others? These rights are equal to all the people of the world.

The thus-far privileged ones need to

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

Professional from academic institutions, pharmaceutical industries, health care indust

ake up and grow up for the wheels are turning and nothing will stop the turning wheels of fortune...

Those that s

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

poke of the mantra of free markets must now believe in it. Those that spoke of the right of might, must now accept

.

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

the might of cheap labour that is equally or, maybe, more effective. Those that believed in the God of Laissez-Fai

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

Companies that provide selfless information through particip

e must know that the God is smiling upon their erstwhile poor brothers from the east - now, don't forsake that God

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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All businesses should volunteer to help out in the community especially to help youth organizations. But what happens when you help a youth organization like the Boy Scouts and find that it is not politically correct?

When a key performer decides to leave, it shouldn't be a surprise to you. Here's How To Stop The Surprises: Use this simple Employee Retention Risk Analysis process to prompt your managers to regularly assess the 'retention risk' of key performers, and report back to you regularly.

We all have information for each other that can help to improve the quality of our lives. Clarifying what we need and communicating it to a receptive community can make the difference between a comfortable prosperous life and a struggle to keep up. It helps to change the way we communicate what we are looking for. It can be very helpful to define clearly your perfect client or customer and then share this description when you network.

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