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Answers - Commercial Property Management Public Relations
It is important always for property management companies to maintain a good standing in the community. This is why proper
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
ty management companies are always involved in civic events, service clubs and chambers of commerce. Often property manag
; 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
ement companies also operate parking structures and parking lots and are aware of the need to fill up as many parking sta
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
lls as possible for the maximum price point. There are many ways to do this. One of the most inexpensive ways is throug
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
h free publicity. A car wash fundraiser on your lot during a slow time of the week may be just that opportunity.
Let’s
Let’s
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
say for instance that Sunday is your Lot’s slowest day a car wash for church or youth group might be an idea. Christian
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
radio stations will play public service announcements alerting people the day and time and of course the location, Your P
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
rking lot. The radio station will play the spots 5 times a day for a week. Free airtime and all you have to do is be a
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
Good Samaritan. Just think every good Christian in town will remember to park in your lot, instead of a lot next door.
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
Christian customers may also cut down on Hit and Runs and seldom break into the car next door.
Perhaps Saturday is a slo
Perhaps Saturday is a slo
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
w day you can have a local High School Group hold a fundraiser their. High School bands have annual budgets in excess of
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
$40,000. They have 100+ kids in the groups and that means 1.5 parents per kid, who are all your potential customers. S
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
ound good so far? It gets better. Sometimes for a big event you can get the radio station down to do an onsite remote a
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
nd give away T-shirts and prizes. Thus promoting them selves on your parking lot. Each time announcing who is involved
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
nd what location it is at.
“Come on down we are at the corner of main and 5th street in the Central Parking Lot, bring t
“Come on down we are at the corner of main and 5th street in the Central Parking Lot, bring t
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
he whole family.”
Great for you, the more people who know about your lot the better. Once a person is familiar with you
Great for you, the more people who know about your lot the better. Once a person is familiar with you
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
r parking lot they are more likely to feel safe pulling into your lot instead of a nearby lot. The price point between c
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ompetitors may also not be an issue anymore. After all you are the community-oriented business, the other guy is just a
.
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
parking lot. Just because you are in a business that does not appear to lend it’s self well to getting your name out ther
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
e, does not mean you have to take a back seat. Be creative, think outside the box and get er’ done. Think on this in 2006
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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