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  • Actual - Teleconferencing - Cutting Costs, Cashing In On Time

    The term teleconferencing represents a group of people meeting, virtually, over long distances with the help of video conferencing facilities that connect the
    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
    m through the Internet, such as Broadband or any other form of connectivity that could include ISDN and wireless systems. In the beginning when teleconferenci
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    ng was in its infancy people used to chat with each other through video phones connecting with the help of simple analog telephone lines. This was a very low
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    quality transmission system were the pictures were transmitted as slides and the image was not displayed as a true video at either end of the line. This syste
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    m also limited teleconferencing to two persons at a time.

    Technology has grown by leaps and bounds since the first video phone. Today giants in the field of
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    teleconferencing such as Tandberg and Cisco have developed state-of-the-art video teleconferencing systems that bring a group of people together in one meetin
    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
    g room and there is no limit to the number of people who can take part in these teleconferences. The equipment is such that the very physical presence of all
    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 participants of the teleconference is felt. The large high definition LCD screens and wide angle cameras give the teleconferencing session a feeling of ac
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    tually meeting all the people in the teleconference in person. Meeting in person facilitates the people to make eye contact and observe body language that man
    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
    y people think is not possible with teleconferencing.

    Tandberg has brought this personal touch of personal meetings to reality through their
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    teleconferencing systems. The high definition LCD screen set up in the board rooms and the wide angle cameras placed strategically permit the participants of
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    the teleconference to move about the room and still be picked up by the cameras. The microphones are so sensitive that they hear even the whispers in the room
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    and the LCD displays are so clear that the people on the screen will actually appear to be sitting opposite you if it were not for the conference table hidin
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    g the screen stand.

    Having the teleconferencing facility actually saves big bucks for the company when compared to the cost of setting up a one time teleconf
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    erencing facility and the cash spent on world wide travel. Once the saving is established you could consider the convenience of having a meeting online with y
    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
    our staff, associates or partners at the flick of a button. There is no need to have a networking engineer on the premises ever time you need to have a teleco
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    nference. Once the system is set up all you need is a telephone that will intimate the people or persons at the other end about the virtual meeting and you ca
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    n walk into the room, switch on the system and discuss ‘live’ any agenda you need to discuss. It is as simple as that. The systems are so easy to operate even
    .

    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
    a fifth grader will be able to use it.

    Teleconferencing is not only for the business world, even students and house wives are taking advantage of this uniqu
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    e virtual meeting systems through their desktop teleconferencing systems and the Internet. Teleconferencing is actually bringing the world and people together


    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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