Answers - Communications

VOIP has become a force to reckon with in the telecom sector with many people and businesses saving considerable tim

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

e and resources by opting for a relatively inexpensive voice over internet protocol - VOIP. VOIP has many advantages

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

and disadvantages.

Advantages of VOIP

- The main advantage is the amount of money you end up sav

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

ing on your phone bills as compared to a traditional phone line.

- Inexpensive and easy to use. Since it is simple,

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

upgrading is relatively simpler too.

- You can integrate it with an existing phone connection.

- With VOIP PC-to-

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

PC, calls are free no matter the distance and PC-to-Phone charges are nominal.

- For a monthly fee you may make unl

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

imited free calls within a geographic area.

- A virtual number enables you to make calls from anywhere as long as a

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

broadband connection is available.

- You may purchase a number in a geography area of your choice, which works out

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

very cheap. If your relatives and friends live in Virginia and you moved to California, you may purchase a Virginia

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

number and make local calls to your loved ones.

- You may access your VOIP account just like your email Id from an

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

y where in the world as long as you have an internet phone. This makes it easy for those who travel frequently to ma

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

Following aspects would a

ke calls frequently to those back at home at local call rates, no matter where they are.

- You may call or message

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

or do both at the same time with VOIP services.

Disadvantages of VOIP

- Loss of service during ou

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

tages.

- Without power VOIP phones are useless, so in case of emergencies during power cuts it can be a major disad

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

vantage.

- With VOIP emergency calls, it is hard to locate you and send help in time.

- Some times during calls, 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

here may be periods of silence when data is lost while it is being unscrambled.

- Latency and traffic.

- No standa

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

rd protocol is applicable.

The disadvantages of VOIP could be annoying, but their effects are relatively limited. T

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

he complaints of VOIP are usually tolerable if the callers are using a free service. As the technology is advancing,

.

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

we will expect the VOIP quality will match the traditional telephone technology.

These are some of advantages and

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

Companies that provide selfless information through particip

disadvantages of VOIP. All said and done, we could say that the advantages of VOIP outweigh the disadvantages of it.

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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Answers - Advantages and Disadvantages of VOIP

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