when someone asks you what you do, don't ignore the problem! Immediately after reading this post, visit
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
>www.toastmasters.org and search for a ToastMasters Club near you. This not for profit was started in the 1920’s with the mission to assist anyone to learn
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
better communication and leadership skills.
Learning to speak publicly is an emotional journey for most. Statistics rate public speaking as the second most c
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
mmon fear – surpassed only by death! Therefore, it helps to feel comfortable with those in the room. That is why ToastMasters encourages guests to sit in on an
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
actual meeting or two – with no pressure to join or fee of any kind.
Each ToastMaster Club is run by volunteers and each Club has a different meeting schedul
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
e and for lack of a better term, style. All Toastmasters Clubs, however, have the same goal and that’s to help each of their members become better communicator
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
s.
For those of you who are fully capable of standing before a live audience and comfortably presenting your topic for 45 minutes, bravo! Now keep your hands
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
up if you have actually spoken before a live audience within the last year. Bet that one got a few of you! ;)
You would be surprised how many experienced spea
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
kers fall back on umms, ahhs and other filler sounds. Even if you can present like a pro, you should still join ToastMasters as each Club is made up a willing
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
audience of at least 20 ears – all there to help you improve your presentation by supplying constructive feedback as part of ToastMasters’ positive learning ex
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
erience.
There is no cost to visit a ToastMasters Club and if you do join, there is a one time fee of about $20.00 for the manual and semi-annual (every six m
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
onths) dues of around $30.00 (Club costs vary).
For your $20.00 you will receive a manual developed by ToastMasters International which is used by each of its
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
10,500+ Clubs worldwide. This manual contains ten (10) speech projects, each with a different objective and time requirement. For instance, the first Speech i
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
s known as the “Ice Breaker” and it is 4-6 minutes presentation about yourself. Other objectives include information organization, vocal variety, use of visual
.
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
aids and so on. Upon completion of the 10th speech, you are awarded your Competent Speaker pin and are then able to move on to more specialized Advanced Cours
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
es.
Truly, if you wish a positive learning experience while you develop or hone your presentation skills, look not further than your closest ToastMasters Club
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
