Tags |
|
|
Links |
|
|
E-Folder - Entrepreneurs – Want To Write A Winning Proposal?
You’ve been working with a potential client and you think that you finally have the future pro
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
ject all worked out – then they ask you for a proposal. You’ve seen this great potential proj
; 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
ect but you need to bid for it. So how do you write that proposal that is going to win you the
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
business?
Well first of all let’s look at what the proposal should do. Win of course, but b
Well first of all let’s look at what the proposal should do. Win of course, but 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
efore that you have to:
* Make your company stand out from the others as well as reflect the
* Make your company stand out from the others as well as reflect the
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
values and brand of your company.
* Offer the solution that is required in a format that is e
* Offer the solution that is required in a format that is e
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
asily understood.
* Be well priced so as to attract the client, provide a profit for your com
* Be well priced so as to attract the client, provide a profit for your com
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
pany as well as opportunities for you both to work together in the future.
* Be well structur
* Be well structur
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
ed, well written and well presented.
Bearing in mind the above, your proposal should look som
Bearing in mind the above, your proposal should look som
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
ething like this:
1) Thanks for the opportunity.
2) Your understanding of the job that needs
1) Thanks for the opportunity.
2) Your understanding of the job that needs
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
to be done.
3) How you would complete the job, how long it will take and who will do it.
4)
3) How you would complete the job, how long it will take and who will do it.
4)
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
Why your company is the best for the job.
5) Your price – with subject breakdowns if appropri
5) Your price – with subject breakdowns if appropri
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
ate.
6) Any "must haves" assumptions made etc in getting to the price.
7) Last thanks and wa
6) Any "must haves" assumptions made etc in getting to the price.
7) Last thanks and wa
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
y forward.
Item 5 and 6 should be on their own page so that they can be removed if necessary.
Item 5 and 6 should be on their own page so that they can be removed if necessary.
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
Remember to put your company details and contact details on the header of each page and your
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
copyrights, date and page number of number of pages on each footer.
When you send off the pr
When you send off the pr
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
oposal, on time of course, include a brief cover letter, with:
* Your contact details.
* The
* Your contact details.
* The
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
name of the person who is their contact for this bid.
* Your thanks for the opportunity.
*
* Your thanks for the opportunity.
*
.
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
A very brief overview of bid - no price.
* A time frame that bid is current.
* Your thanks a
* A time frame that bid is current.
* Your thanks a
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
nd hope to hear from them soon.
Now sit back and pride yourself on a job well done. Good luc
Now sit back and pride yourself on a job well done. Good luc
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.e-folder.org.ua/article/16395/e-folder-Entrepreneurs--Want-To-Write-A-Winning-Proposal.html">Entrepreneurs – Want To Write A Winning Proposal?</a>
BB link (for phorums):
[url=http://www.e-folder.org.ua/article/16395/e-folder-Entrepreneurs--Want-To-Write-A-Winning-Proposal.html]Entrepreneurs – Want To Write A Winning Proposal?[/url]
Related Articles:
Do You Use These Strategies to Manage Your Mood?
3 Simple But Powerful Off-Line Advertising Strategies
Bookmark it:
|