Answers - Communications

In today's busy world the internet is a major necessity when it comes to doing business. Especially for large corporations.

Many times, most corporations have affiliate business partners ov

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

er seas and have to hold conferences, board meetings, etc. in order to make or close deals. Many times the meeting needs to be held in a timespan that is not conducive to traveling half way a

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

Examples of combination products may in

ound the globe. That's where a web conferencing call, or an internet conference call would be a major time saving asset, as well as being less expensive, and as they say, "Time is money".

L

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

t's look at how internet conference calling can save you money.

By using a web conference call service you save big bucks on the cost of air travel. With air travel you have the cost of tick

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

ts, hotel or motel accommodations, transport to and from the conference site, and to and from the airport. Then there is the extraneous expenses that your company spokes man, or entourage may

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

Combination pro

add to the expense account; such as food, room service, rental car, etc. The cost can easily run into the thousands of dollars. Then there are always the unexpected problems cropping up cau

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

ing long lay overs at the airport which can cost you a business contract if you, or your spokes-person do not show up at the time specified.

Then there are the long, drawn out, 12 hour road

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

rips to get to a 1 hour conference in another state. With the rising gas prices this option, while less expensive than air travel, is still much more costly than conducting a web conference c

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

ll. You still have the expenses of at least one night of hotel, or motel accommodations, food, car rental, etc. The cost can still easily run into hundreds of dollars, possibly more.

The c

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

ost involved with an internet conference call depends on the company you choose to use, but to give you an idea on price it can average anywhere from $25 to $5000 for long term rentals. When

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

omparing these prices to the yearly travel expenses, one can easily determine that the savings you and your company would receive when opting for a web conference call is substantially lower.

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

Following aspects would a

That means hundreds of thousands of dollars saved every year, perhaps even millions.

There are many companies out there that offer Web Conference calling services and in the fast paced world

dd to the challenges in developing combination products:

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

of commerce every edge you can get for your company is a bonus. Next time you have to set up a meeting, or in the event of an unplanned meeting that has to be done on the spot, a Web Conferen

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

ce call is the smartest option, time wise and financially.

Whether your office is in your home, or in a warehouse, all you need is internet access and the requirements for the web conference

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

call program, and the program itself. Internet Conference calling is the new way to do business in the high tech world of today.

Now, we'll take a look at the different ways to conduct a we

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

conference call.

Video Web Conferencing: This option allows you and your clients to see each other while you speak. By using this method one can interact with over a hundred people at a ti

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

Professional from academic institutions, pharmaceutical industries, health care indust

e, provided they have the video apparatus for their computer systems.

Audio Conferencing: When participating in an audio internet conference call one can speak directly to the client, in the

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

ir board room, or office, without the clients needing to see each other. Audio conferencing can be done directly, or with the assistance of an operator for the really large multi-way audio c

.

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

nferences. The cost for the audio conference call varies depending on the amount of people involved.

In the high tech, e-business world of today web conferencing is the way to go, whatever

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

Companies that provide selfless information through particip

ption you choose. Whether it's just one on one, or a 12 hour seminar consisting of multiple people, web conferencing is inexpensive, time saving, and reliable.

The possibilities are endless

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 - Web Conference Calls Will Stretch Your Dollar Further

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