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  • E-Folder - Treat Your Suppliers With Respect

    In running a company, it's essential to recognize that your
    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
    suppliers are your partners. Without the goods and servic
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    s they provide, you would not be able to run your business.
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    Treat them as the valuable allies they are and you will en
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    oy greater success.

    Treating a supplier with respect means
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    being the kind of custumer you yourself would like to have.
    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

    - Pay your bills on time, every time. If you know you wil
    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
    be late with a payment, communicate with the supplier i
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    mediately.

    - Be honest and courteous in any negotiations.
    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
    Look for ways that both sides can win in any deal rather th
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    n seeking an advantage at the supplier's expense.

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

    Following aspects would a
    any promises you make to a supplier, such as when you will
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    et back to them about a purchasing decision.

    By doing such
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    things, you build a history of trust with each supplier tha
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    you can draw upon in times of need. Perhaps one day you'l
    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
    need a delivery more quickly than their regular service sc
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    edule allows. Or maybe you'll need an extra month or two t
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    pay your bill. If you've developed a good relationship wi
    .

    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
    h your supplier, they will likely be happy to extend you th
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    se favours.

    Wouldn't you do the same for your best clients


    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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