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Advice You - Intro to Social Networking
Some of the most popular websites online today have to do with meeting friends and renewing old relationships – but w
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
hat are social networking websites really about?
Social networking is nothing new – people have been meeting friends
Social networking is nothing new – people have been meeting friends
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
through friends in real life for centuries. The advent of the Internet, and especially the World Wide Web, has allow
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
ed people to meet new friends and acquaintances in more different places and in larger quantities than ever before. B
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
simply putting up a profile listing your name, likes and dislikes, age, location and possibly a picture – you can me
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
et as many people as you want all throughout the world.
Perhaps the best answer to what are social networking websit
Perhaps the best answer to what are social networking websit
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
es is to name a few of the most popular ones. The first popular social networking site was Classmates.com, started in
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
1995. This site was aimed at getting people together who had graduated high school, in more of a reunion format. Ins
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
ead of being focused on building new relationships, Classmates sought to renew old ones. Through a pay service, old c
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
lassmates could contact each other via email, and keep in contact years after they graduated college or high school.
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
After this sort of social networking became popular, other sites began to see the promise in social networking and f
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
inding new friends. Myspace.com is the most popular example of this type of site. Started in 2002 (along with another
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
site called Friendster), this site utilizes a kind of technology known as Circle of Friends. You sign up for a site o
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
n the network, and people you know can find you – adding you to their Circle of Friends. You can then see their frien
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
ds, and perhaps make new friends and acquaintances from among this circle.
Myspace and Friendster also encourage use
Myspace and Friendster also encourage use
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
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
rs to seek out new friends from within these social networks by allowing users to search for people with common inter
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
sts. You can also find users who are in a similar age group, are of a similar religion, or live in your area. In this
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
way, you can choose to expand your Circle of Friends more quickly than you might be able to in person.
It is safe t
It is safe t
.
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
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
o say that one of the answers to the question what are social networking sites is that they are the wave of the futur
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
e. Today's teenagers and young adults often find their place among Internet society in these social networking groups
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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