Cases - Business

With all of the recent data theft in the financial sector, it is important to make sure that we don't go crazy trying to protect ourselves

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

from risk. Risk management does have a value but this value lies mostly on the front end. Reactionary risk management almost always produc

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

Examples of combination products may in

es a point at where the value of protecting oneself or one's customers overshadows the product or service that you are offering. The major

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

ity of companies always go beyond this point, some thinking they can even sell it to the customer as a security measure and build their bra

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

nd with it.

This is a lazy and terribly detrimental course of action for any corporation to undertake.

I recently called Citistreet, the

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

Combination pro

ompany that manages the 401K plans for the corporation I will be leaving in a month. I was sent a PIN number about six months ago via snail

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

mail but misplaced the paper and one of the security questions they ask is, "What was your start date with the company." Well, I worked fo

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

r a subsidiary of the company that was eventually taken back into the motherfold--so I really have two hire dates and I couldn't get it str

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

aight with the woman from Citistreet.

So, the first gap in their process was a pathetic back-up security system of identifying appropriate

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

customers.

Next, I was told that I would be sent a new PIN number through the mail in 5-7 business days and could then access my account

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

ia the web or the phone.

I said, "So, let me get this straight...I have to wait 5-7 business days to get into my account? You do realize

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

Following aspects would a

that we're talking my money here, right? I want access to my money right now and if you can't do that, then I am not going to take my mone

dd to the challenges in developing combination products:

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

y elsewhere (in 5-7 business days) but I'm going to tell everyone I know about the pathetic operations process you guys have (that's what I

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

'm doing now)."

In today's Instant Information environment, it is unacceptable to ask your customers to wait even 5-7 minutes to deliver i

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

nformation. Imagine my shock when I was asked to wait 5-7 business days--it was like someone told Neil Armstrong and Buzz Aldrin after the

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

r Apollo 11 space capsule crashed into the ocean that they would be returning to land via clipper ship and the journey would take four week

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

Professional from academic institutions, pharmaceutical industries, health care indust

s.

So, I'm cashing out my funds and moving to another vendor and I think any of you who use this company are insane not to do the same.

T

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

he woman on the phone apologized and kept saying, "I'm sorry, Sir--but that's just our process."

I finally said, "Your process just isn'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

good enough. Fix it or the market will." What she didn't realize is that I am the market and so are each of you. Vote with your social co

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

Companies that provide selfless information through particip

ntracts, my friends, and you will correct the market and remove incompetence as a barrier to raising the living standard all over the world

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):
<a href="http://www.cases.org.ua/article/15756/cases-The-Drawback-of-Hacking-Off-a-Blogger-Through-Weak-Process-Gaps-and-Pathetic-Customer-Service.html">The Drawback of Hacking Off a Blogger Through Weak Process Gaps and Pathetic Customer Service</a>

BB link (for phorums):
[url=http://www.cases.org.ua/article/15756/cases-The-Drawback-of-Hacking-Off-a-Blogger-Through-Weak-Process-Gaps-and-Pathetic-Customer-Service.html]The Drawback of Hacking Off a Blogger Through Weak Process Gaps and Pathetic Customer Service[/url]

Many Fortune 100 companies have found it beneficial to provide their top executives with free Financial Planning Services.

Today, when needed, large amounts of freight can be transported in as little as a few hours. That truly is a long ways off from the time our parents had to wait months and months for their deliveries.

5 effective career promotion advice to help you gain the promotion you want, especially if you just started out your career.

Tags

Links

Cases - The Drawback of Hacking Off a Blogger Through Weak Process Gaps and Pathetic Customer Service

Related Articles: