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Useful Articles - 6 Tips For Setting Up Your Home Exchange
No-one ever pretends that setting up a successful home
exchange is easy. To the contrary, if you don't live in
one of the more sought after locations, it can be a
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
challenge. But a challenge is not an impossibility, quite
the opposite, a challenge if viewed positively can be
enormous fun!
There are a few points to remember wh
There are a few points to remember wh
; 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
ich will often make the
task a great deal easier:
1. Use your favorite word processing program to carefully set up a generic email that you can copy and paste into
1. Use your favorite word processing program to carefully set up a generic email that you can copy and paste into
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
the
text box provided in the programmed contact form. This will
allow you to send out multiple home exchange inquiries with
very little effort on your part.
2. Ev
2. Ev
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
ery city/town/neighborhood has its attractions. Make
sure you include all the positive features about yours. If
your list is small, take a trip to your visitor's bu
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
eau and
ask for brochures, pamphlets, etc. If there is no visitor's
bureau, drop in on a local motel or hotel, all of them have
a display in their lobby containing
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
all sorts of local
promotions.
3. Don't limit your contacts to members who list your corner of the world as their desired home swap destination. Pay more attenti
3. Don't limit your contacts to members who list your corner of the world as their desired home swap destination. Pay more attenti
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
on to age group and family size compatibility
and send your attractively worded contact email to everyone
living in the area you are hoping to visit. Members may ha
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
e
never thought of vacationing in your town, but that doesn't
mean they won't consider it.
4. Pay particular attention to members who list their home exchange des
4. Pay particular attention to members who list their home exchange des
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
tination as "open to offers". You will need to
sort the listings under that criteria when you are searching
for "who wants to come to me?" otherwise you will miss t
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
em,
but they are the true gems among your home swapping
opportunities. Very often they are long standing,
experienced home exchangers who have exhausted their list
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
s
of preferred destinations. Now they are simply waiting to see
what new offer piques their interest and if you take the
trouble to send out attractive, well thoug
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
ht out opening
contacts, it could be yours!
5. You will make your home swap offer much more attractive if you include the family car as part of the deal. Car rent
5. You will make your home swap offer much more attractive if you include the family car as part of the deal. Car rent
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
l prices are becoming increasingly expensive by the
month, inflated not only by the rental companies but also by
a list of petty taxes and surcharges that are compl
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
etely
beyond their control.
For your own peace of mind, always stipulate that all drivers have to be 25+ and don't be afraid to regulate the number of miles the c
For your own peace of mind, always stipulate that all drivers have to be 25+ and don't be afraid to regulate the number of miles the c
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
r can be driven. Also, check with your
insurance company although there are seldom problems provided
the exchange is for 30 days or less.
6. Always, always be cour
6. Always, always be cour
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
teous and reply to every inquiry
you receive yourself. Also, when receiving home exchange
requests from other members, keep in mind point 3 above and
don't discoun
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
t any destination until you are absolutely
certain that it won't work.
There are other cities in the UK besides London - although some members seem to believe othe
There are other cities in the UK besides London - although some members seem to believe othe
.
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
wise! Similarly, Troyes is
within very easy reach of Paris, Gosford is just up the
coast from Sydney and Burbank, Pasadena and Buena Park all
circle Los Angeles. C
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
onsidering destinations outside of the
accepted tourist destinations will increase your chances of
locating and setting up a successful home exchange
substantially
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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