Advice You - Business

Many business owners take basic steps to protect their business from break-ins—but most don’t think a burglary is really likely until it happens to them. Don’t wait for a break-in to put a solid business security plan in place. Here are a few

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

tips on how you can protect your business, your employees, and your livelihood from robbery.

For retail: Make sure you know when someone enters the store. Many retail businesses install a chime over the door so that employees know whenever s

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

Examples of combination products may in

omeone enters or leaves. This allows for better customer service—if your employees know when a customer is coming in, they’re more prepared to help. It also ensures that nobody can sneak up on you or your employees.

For office space: Install

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 swipe-card system. If you don’t have a way to ensure only employees enter your office space, anyone could come right in. Office intrusions are more common than most people realize—and an intruder could get a look at sensitive documents or

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

steal expensive equipment before anyone realizes what’s happening. Your employees shouldn’t have to be on the lookout for intruders—it could possibly put them in danger. Take the pressure off yourself and them by locking all your doors and gi

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

Combination pro

ving card keys to your employees.

Light your car park. Does your business have a big car park or garage? Do any of your employees leave after dark? If so, it’s crucial to ensure that your parking area is brightly lit and that employees can wa

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

lk safely to their cars. Crimes are common in dark car parks and garages, particularly late at night. Many concerned employers encourage their workers to ask security for a walk to their car. If you employ security personnel, make sure your

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

employees know that they’re ready and available to accompany them across the car park or through a garage.

Use a safe. No security system is foolproof. If an intruder does get past your security measures, make sure your important documents o

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

r most valuable items aren’t easily accessible. Keep them in a strong, high-quality safe, either bolted to the floor or installed in a wall or floor so that burglars can’t remove the safe from the premises. Many businesses choose a fire safe

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

to protect their most crucial documents, so that they’re protected from fire as well as intruders. If employees handle large cash deposits, install a drop safe.

Watch your employees. Many crimes against businesses are perpetrated from withi

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

n. As an employer, you want to trust your employees—but as a realistic business owner, you must take some precautions. Install cameras to keep an eye not just on your customers, but also on your employees—there should be a camera at the cash

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

Following aspects would a

drawer as well as on the sales floor. Keep your most important documents in a safe, and keep the combination to yourself. In addition, make sure employees are aware of proper cash-handling procedures and have a firm policy regarding petty cas

dd to the challenges in developing combination products:

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

h.

Keep your business well lit. There should always be perimeter lights around your business—whether a motion-sensor light at the doors and windows of your city storefront, or security lights all around your building. Burglars choose the eas

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

iest and safest buildings to break into—and can be easily scared away in most cases. Constant lighting isn’t always as effective as motion-sensor lighting, which gives the impression that someone has spotted the burglar and turned on the light

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

.

Install an alarm system. If someone breaks a window in your store, an alarm should go off immediately—both producing a loud noise and automatically alerting the authorities. Loud noises scare off most burglars, particularly in more populat

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

ed areas.

Use break-resistant glass. Not all windows are created equally. Don’t make it easy for burglars to break your window or glass storefront and enter your shop or office building. Unbreakable polycarbonate can be a great way to keep

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

Professional from academic institutions, pharmaceutical industries, health care indust

would-be robbers out, especially if you have high-value items set up in window displays.

Don’t leave expensive items in window displays overnight. There’s a reason most jewelry stores take pricey jewels out of their windows when they close th

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

e store. Even if you use break-resistant glass, it’s best not to tempt burglars by leaving your best goods up front when you close. Keep your more expensive items towards the back of the store, and remove expensive displays from windows when

.

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

possible as part of your lock-up procedure.

No owner thinks a burglary will happen to their business. But no matter what business you’re in, it’s important to take precautions. Criminals usually look for the easiest target—not always the big

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

Companies that provide selfless information through particip

gest payout. You may not think your business contains anything worth stealing, but don’t take the chance that burglars share your opinion. Keep your business from being an easy target, and take some steps to protect it. It’s always worth it.

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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