Advice You - Business

A checklist is a valuable time management tool when used to organize projects or ta

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

sks. It allows you to take the guess work out of what is needed to complete a task

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

Examples of combination products may in

which then allows you to save time & eliminate the dreaded statement, “Oh, I forgot

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

!”

A checklist, when used consistently, streamlines your action “to-do” list immed

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

ately and it can also be used as a resource when work is delegated to an employee o

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

Combination pro

virtual assistant.

For example, a salesperson is completing cold calls for a new

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

service or product; her checklist may look something like this:

New Service / Prod

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

ct Cold Calls - Checklist

 Name & telephone number of prospects



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

Follow up Script – Answered Calls

 Voice Mail Script – Unanswered Calls

&

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

61454; Answers to most frequently asked questions

 Product Cost / Service

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

ees

This salesperson can create a file for this checklist and whenever she perform

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

Following aspects would a

s cold calling, she need only to follow the checklist to make sure she has all the

dd to the challenges in developing combination products:

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

ecessary tools to perform this project. This project is now automated.

Once each

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

line item of the checklist is checked, the salesperson can proceed with the follow

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

p calls with confidence & she is prepared to present herself professionally to the

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

rospective customer/client.

In summary, stop wasting time trying to remember every

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

Professional from academic institutions, pharmaceutical industries, health care indust

detail of a task, develop checklists for all your repetitive tasks. A checklist wi

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

l save you time, organize your tasks, develop a resource for delegating assignments

.

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

, automate your business, take overwhelm out of your head (which allows space for o

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

Companies that provide selfless information through particip

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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Advice You - Abolish Overwhelm Using Checklists!

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