Answers - Business

A distinguishing factor of a hosted PBX system from conventional systems is the lack of any onsite equipments

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

. In a hosted system, the functionalities of a standard PBX system are provided as a service through a dedica

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

Examples of combination products may in

ed connection. This kind of PBX system is therefore affordable. Any small businesses can get a sophisticated

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

phone system with all the features found in expensive PBX systems, but at a fraction of the cost.

There are

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

ervice providers who claim to provide hosted PBX systems. However, many of these systems turn out to be PBX s

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

Combination pro

ystems implemented through software. This kind of phone system cannot be termed as hosted, since they functio

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

in the premises itself. The only difference lies in the absence of any hardware elements. All the functional

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

ities are implemented through software. This kind of PBX system is technically a premise based system, and no

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

hosted.

Software PBX system are implemented using a dedicated PC or server machine. All though it may conta

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

in all the functionalities of a conventional phone system, it will not contain the advanced features of a hos

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

ed system such as remote extensions, which is implemented through ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

service.com/Find-me-follow-me.htm">find me follow me call forwarding. Additionally, through a hosted PBX

dd to the challenges in developing combination products:

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

one can get features such as voicemail, fax mail, and auto attendants. Since a high bandwidth connection is i

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

mplemented a company can get as many extensions as it requires. Furthermore, it can seem to operate from diff

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

rent locations, owing to the virtual nature of hosted PBX system. A software PBX cannot provide such kind of

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

physical independence. Similarly, it lacks the ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

r-Recovery.htm">disaster recovery feature, which can be easily implemented through a hosted PBX system.

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

This article has been published by AccessDirect, a leading provider of Business phone systems (hosted/

.

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

irtual). Our systems come with voicemail, fax mail, automated attendants, and find me follow me call forward

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

Companies that provide selfless information through particip

ing. Please visit us at www.messagingservice.com

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 - Hosted PBX vs Software PBX

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