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  • E-Folder - Web and Video Conferencing: Who's Using this New Technology?

    In the mid 1990s a few individuals and companies, seeing the potential of the relatively unknown Internet, took advantage of this new medium and got a head start on everyone el
    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
    se. Similarly, today a few innovative companies have enthusiastically embraced web and video conferencing and are reporting great benefits from this under-used application.

    Wh
    ; 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 making use of web and video conferencing, and how are they using it? Here is a look at some of the enterprises and institutions that are being transformed by the intellige
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    nt use of this up-and-coming technology.

    Ever conscious of rising costs, schools and universities are using web/video conferencing to conduct administrative meetings with staf
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    and also for setting up online courses and tutoring for students. Web and video conferencing “made all the difference in turning a scheduling conflict into a magical lifetime
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    emory for our student,” says Jon Fredricks of Midland Lutheran College.

    While clergy are not usually pictured as techno-geeks, churches and other religious institutions have b
    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
    een quick to see the advantages of video conferencing applications and now use it to enable shut-in members of their congregations “attend” worship services without leaving the
    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 homes.

    Sales organizations are using video and/or web conferencing to conduct sales meetings as well as to meet and demonstrate their products with prospects. Taking this fu
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    rther, sales coaches and trainers have whole-heartedly embraced online conferencing as a way to develop new methods of training, and save money at the same time.

    Video and web
    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
    conferencing “enabled us to develop a powerful new consulting/training business model in which we blend live classroom training with a continuous program of interactive videoco
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    ference training events, accessible by participants from virtually any location” reports Tim McMahon of McMahon WorldWide Sales Performance.

    “The ability to offer this kind of
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    programming has become a significant source of competitive advantage for us in the sales training marketplace,” added McMahon.

    As might be expected, software and Internet com
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    anies who are already tech-savy, have been quick to make use of online conferencing. They are using these applications to demonstrate their products and services to clients, an
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    d to provide a new, previously undreamed of level of support.

    “The technology allows us to access dentists’ workstations in two clicks…. It’s like working without walls and de
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    tists have really been blown away by the personal touch that’s possible with this technology,” reports Rich Hirschinger, of www.DDS.com, a supplier of software for dentists.

    S
    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
    milarly, avant-garde media companies are using the latest web/video conferencing applications to present videos and conduct business meetings bringing together their offices lo
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    cated many miles apart.

    Large organizations with many branches such as securities companies and banks have also seen online conferencing as a way to hold staff meetings, meet
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    ith clients and conduct training sessions without having to pay high travel costs.

    But it is not only large institutions that are using these applications, professionals such
    .

    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 psychiatrists, psychologists and insurance agents are using online video conferencing to have intimate, one-on-one meetings with their patients, clients and prospects.

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

    Companies that provide selfless information through particip
    are just a few examples of how various companies and institutions are getting the benefits provided by web and video conferencing. This list is sure to grow in the years ahead


    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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