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Advice You - Your PR Doctor's Ten Top Reasons To Tell You It's Time To Hire A Publicist or Public Relations Firm
Today’s businesses and business professionals wonder how they can possibly know if they 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 need to hire a publicist or a public relations firm. Obviously there are many factors t ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in consider when making this decision. To provide some guidance to businesses, here are t lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. n top reasons that provide confirmation you need to hire a publicist or PR firm. 1. Th here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe e news releases you have prepared and submitted never or very rarely are used by the med d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro a. 2. There is a significant lack of PR savvy internally within your company. 3. You 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 media kits are not designed to be consistent with the firm’s image and are not designed 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 with the flexibility to be tailored to varying media needs. 4. There are no significa nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically t relationships established with the media and therefore you are easily ignored. And th 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 re are no solid media contacts lists. 5. There is no real strategic communications and ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi public relations plan for the company. 6. The efforts put forth in opinion pieces, “pit ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a ch letters” and actual media kit content are totally ineffective. 7. There is no follo dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod -up on any news releases, story pitches, etc. 8. Your competitors are constantly in th cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin print and electronic media and you are nowhere to be found in the media. 9. You are t tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen urning down interview opportunities because you are not prepared and do not have someone 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 to manage the interview requests. 10. You are not benefiting from increased awareness ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust f your business, products and/or services through exposure in the media. If you and you y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products r company identify with these reasons and are unsure of what to do, how to do it, when t . 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 do it, and who to do it with, please contact Glenn Ebersole through his web site at www elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip prdoctor4u.com or email at jgeprman@aol.com to learn more about working with the media 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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