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  • E-Folder - Preparing an Exhibit for an Art Festival: Part 1

    This is part one of a series of articles covering best practices, tips, and techniques in
    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
    tended to help artists get the most out of an art fair or festival. The tips mentioned in
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    these articles are based on my own experience, training I’ve received for setting up and
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    taffing trade show booths, and on my own observations watching others both as a casual ob
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    erver and as a show critic.

    Before you fill out an application to exhibit at an art fair
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    or festival make an inventory list of the pieces that you intend to show, and ask yoursel
    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
    f the following questions:


    • How many items do I plan to bring?


    • What i
    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
    the most expensive piece?

  • Which pieces are the least expensive?


  • What
  • nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    is the average price range of my work?

    Once you have this information, it is
    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
    easier to figure out your breakeven point for a show based on the exhibit application fee
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    travel, meal, and hotel expenses. For example, if you have 8 acrylic paintings selling f
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    or $200 – $350 each and the average show entry fee is $200, you may want to stick closer
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    o home to avoid travel costs until you have a larger inventory or until you know the show
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    s market well enough to know you’ll sell out.

    Once you decide where your breakeven point
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    is and you determine your comfort zone as far as costs are concerned, you’ll need to narr
    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
    w your show selection list down to the shows that fit your artwork best. Learn about othe
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    r factors to consider when choosing shows by reading the next installment of this series
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

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