Advice You - Business

Whether it is a formal presentation to a large audience or an informal briefing

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

, knowing your audience is vital to your presentation preparation and helps you

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

Examples of combination products may in

to relate it to them. Here are a few steps to making the actual presentation.

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

. Remember to use examples from everyday life or from past events to make your

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

point quickly understandable. These examples will immediately strike an accord

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

Combination pro

with your audience and hence getting their attention. But do not let examples o

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

ershadow your presentation.

2. Do not forget, your audience may have come fro

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

different walks of life. Each of them has different interests and different le

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

els of understanding on your topic. Strive to address the needs of the entire a

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

udience, not just a select few.

3. Learn to ascertain audience responses that

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

show whether and how much they like your presentation. Make mid course correcti

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

Following aspects would a

ns to the tone of your presentation if necessary. At certain point in time you

dd to the challenges in developing combination products:

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

an engage them, tell a joke, or ask a question to lift their moods or get their

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

attention back.

4. Extemporaneous presentation goes a long way to make it in

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

eresting as this obviously eliminates the 'report reading style' and gives your

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

presentation a natural touch. This "facade" exudes a sense of confidence and cr

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

Professional from academic institutions, pharmaceutical industries, health care indust

dibility with the audience. You can use note cards if necessary, so that you do

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

not forget them.

5. Using Body Language Effectively. Make eye contact with m

.

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

mbers of the audience. Make gestures like hand waving, nodding and voice. Using

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

Companies that provide selfless information through particip

body language in this way helps to break the monotony of a possibly long speech

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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Lean manufacturing refers to the ways of eliminating waste from the manufacturing process of any product. Lean manufacturing increases the quality of the product including the profit levels and helps in reducing production costs. A lower lead and set up time, low equipment costs and better position in the market can also be counted as the additional advantages of the Lean Manufacturing System. However, to implement a proper lean manufacturing system some basic principles are required to be followed or implemented.

The booklet is defined as a marketing material that is utilized by businesses to give life to their marketing campaign. Booklets are data sheets that come in various colors. They are available in different forms which include catalogs, pamphlets and annual reports.

This paper will examine different management styles and ideas that have come about over the last few decades and examine their effectiveness and relevance to managing a 21st century organisation. It is hoped that the views held and purported by recent business thinkers will be of assistance in understanding the pressures faced by contemporary companies due to the increased competition through the globalisation of modern markets.

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Advice You - 5 Proven Steps of Giving Presentations

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