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Advice You - Networking Magic Cures Your Marketing Problems and Other Bizarre Online Social Networking Tools
What if you could network while you sleep or at work? Linked In allows you to network online, complementing your existing onlin 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 e presence. Word of mouth alone is ineffective unless you give it a push through such means as effective promotional materials, ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in testimonials and access to a large group of your potential customers. All of these items can be provided through Linked In and lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. they’re all free. Tatsuya Nakagawa of Atomica Creative Group is a strong advocate of LinkedIn and was the one who got me excite here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe d about it. Here are his top five reasons to use LinkedIn: • Networking presence 24 hours per day. • You build relationsh d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro ps faster.
• Using the “six degrees of separation” theory, you could theoretically have access to hundreds of thousands of 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 people through your existing contacts.
• You only get contacts from trusted sources. • Linked in is also an effecti 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 ve contact management tool. (Contact info, business description and brief bio in an online database.) There are 60+ social netw nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically orking sites out there. He tried 11 of them and narrowed it down to 3, and he is currently using 1. “Bottom line: most of the 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 sites are too social and not business. There are however some special interest group sites that are doing well.” With a free to ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi l called “LinkedIn” (www.linkedin.com) you can market yourself and network 24/7. You may also get in touch with Mr. Nakagawa at ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a www.atomicacreative.com. I joined this organization which we are promoting since 8 months ago. I never really thought the pow dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod er of this business tool. Until recently I read Mark Victor Hansen’s and Robert Allen’s Cracking the Millionaire Code book. Th cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin ey talked about codes and one of these codes is “Angel Code.” It talked about people who are able to help us achieve our vision tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen and mission. They also discussed about the “small world phenomenon” and instead of using 6 degrees of separation, they reclass 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 ify the term to 6 degrees of connection. This means that we’re only 6 degrees away from anyone in the world. This is the conce ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust t behind these online social networking tools. Although, one of my friends told me, that in one of their workshops, there were y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products only 50 participants and their discovery was that most of them are only 2 degrees away from either Bill Gates or Ophrah! Amazin . 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 g isn’t it?!? She also told me that when you do the 6 degrees mathematics it will exceed the population of the world….hmnn…..mi elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip nd blowing information. All I want to say is, isn’t it amazing how technology work? Lastly, your network equals your net worth 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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