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  • Advice You - Youtube Phenomenon

    If you browse the web, you'll come across many websites that has one or more video clips embedded in it. News websites such as BBC and CNN fall in this category. But,
    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
    what about a website that has only video clips and nothing else? This is exactly what the Youtube Phenomenon is all about. To those who have not heard about Youtube, i
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    is a video sharing website where one could upload, share, and watch video clips - Youtube videos - for free. It is owned by Google.

    Here is a bit history of what all
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    went behind in the making of Youtube.com. Little had the three former PayPal employees - Chad Hurley, Jawed Karim, and Steve Chen - anticipated about the growth and f
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    me Youtube would achieve in less than one year since its inception, when they first planned such a video sharing website. An out-of-the box idea, Youtube.com was launc
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    hed as an unknown new website on February 15, 2005 with virtually no promotion. The website with its full features become operational few month later; the first previe
    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
    of the website was offered in May 2005 and its official debut in November the same year. As it had been with many great path breaking projects in the past, the incuba
    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
    tion days of Youtube took place in a modest garage in California, much like its present owner's - Google - beginnings, who started their journey from a leased space in
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    a Menlo Park garage in 1998.

    The beginnings of Youtube was pretty modest and its creators more than once at least went through a cash crunch as the visitors to the we
    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
    bsite grew and the need for better infrastructure and technology became inevitable. Irony it may be that the first helping hand they got which had pulled them out of t
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    e financial crisis was that of the venture capital firm Sequoia, the very same firm that had funded Google in its early years. Sequoia invested $3.5 million initially
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    in Youtube, the stake which they upped to $8 million few months later, realizing the vast potential Youtube.com has in the fast growing world of infotainment in the ne
    dd to the challenges in developing combination products:

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

    Another development that had immensely helped catapulting Youtube into the forefront of online entertainment industry came from rather unexpected quarters,
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    in the form of new software tool - the Flash Player 8 by Macromedia - that enabled people to view Youtube videos directly from their web browsers without having to dow
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    load it into their PCs and view it with the help of third party software programs such as Windows Media Player or RealOne Player. In fact, it not only eliminated the n
    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
    eed to view downloaded files in third party tools, but also provided a far improved video quality than its predecessor, Flash Player 7. Had it not been for the new Fla
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    h Player, the Flash Player 8, it is unlikely that Youtube.com would have taken off this fast, in such a short span of time.

    As of today, Youtube.com, under the umbrel
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    la of Google, is the fastest growing video website in the globe and the 10th most popular amongst all websites in the cyberspace, according to the latest Alexa ratings
    .

    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
    Nearly 100 million video clips from Youtube are seen by netizens daily and around 65,000 new Youtube videos are added every day into the database. The number of netiz
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    ens visiting Youtube every month is thought to be anywhere near 20 million. No wonder, Youtube.com is described not as a website, but as a phenomenon by market experts


    tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

    HTTP = HTML link (for blogs, profiles,phorums):
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    BB link (for phorums):
    [url=http://www.adviceyou.org.ua/article/83747/adviceyou-Youtube-Phenomenon.html]Youtube Phenomenon[/url]

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