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Advice You - American Inventors Could Use Some Branding Help!
If you are one of the mesmerized millions who have tuned into the hit reality show
American Inventor, you probably witnessed the importance of first i 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 mpressions and
the power of branding. It only took seconds for the panel of judges to start
formulating opinions on the worth and merit of the inven ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in ions, often based on
nothing more than the product name and a brief introduction. A good example was the child psychologist who created an invention lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. he named a
"Tizzy". These were inflatable/foam devices that kids could put on, and bounce
around in, without hurting themselves or others. Right awa here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe the impression was that
it was some form of punishment. The one female judge, Mary Lou Quinlin, took
special offense to the "Tizzy" and used words d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro ike "suffocating" when describing her
opinion of the idea. She took the aspiring inventor to task and questioned her
credentials, asking how she cou 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 ld possibly create such a horrible thing. You could
see she had formed that impression the very second the child psychologist
introduced the idea... 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 The Tizzy". A kid having a "tizzy" is a kid that needs to be
disciplined or reprimanded. So she could only view the product in a punitive,
restricti nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically e sense. Needless to say the inventor, with all her years of study and
training, was in tears from the misunderstanding. She loved kids and developed 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 he
whole idea as a way to allow children to express their energy safely. Now what if we could rewind the tape and instead she had introduced the prod ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi ct in
a very upbeat way and called them... Romper Bots! or Play Palz! And then, let's say she talked about how all kids need a positive outlet for ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a their
abundant energy, and how this was a fantastic way for them to safely play and
interact with other children. She could have taken it one step dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod urther and added a
quick tag line/positioning statement such as... "Play Hard. Play Smart. Play Safe!" By seizing control of the thought process fro cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin the outset and leading the way, it
would have been very difficult for the judges to form the opposite opinion -- to
think of words like "suffocatin tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen " and "stifling." Perhaps safety questions would still
have been asked, such as "Do the kids have enough breathing space?" or "Do the
outfits come i 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 bigger sizes?" But the tone would have been completely different. It
would have been open,inviting and inquiring vs. angry, harsh and judgmental. Ju ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust st
suggesting a "Play Pal" is a dangerous/horrible idea sounds contradictory. By
creating a name with positive benefits you put the power of words t y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products work in your
favor, adding momentum to your idea, instead of derailing it. So inventing is not just about having a great idea. It's about packaging . 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 hat idea
with the right language to establish the right mindset. If not, a great invention can
really bomb, just for lack of framing the idea proper elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip y. So when inventing a great
product, it's just as important to invent a great name and tag line. Even if you're not
quite convinced... "Just Do 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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