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Once you have cleared round one of the IIM common admission test, it is time you

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

began your preparation for the IIM GD/PI

To begin your preparation use the follo

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

Examples of combination products may in

ing tips on identifying likely IIM GD/PI topics that may be asked

1) State of

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 Economy : Since you are the be a Master of BUSINESS administration it is cru

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

ial you have more than just working knowledge of the economy. List 10 aspects o

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

Combination pro

f the economy such as infrastructure, real estate, SEZ, retail, Agri commoditie

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

, etc and identify the 5 most important news items related to those 10 aspects t

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

o get started.

2) Major Disputes and Mergers: Keep a close eye out for any major

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

trade disputes and failed merger attempts. These are always hot topics for the II

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

M MBA Group Discussion. For example the merger of Sahara Airlines with Jet airw

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

ys or the dispute between the developing nations against the g7 countries at th

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

Following aspects would a

e WTO trade meetings. Learn the 3 most important aspects of these issues

3) Stoc

dd to the challenges in developing combination products:

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

market and commodities market: Unless you have been living under a rock you shou

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

ld know that India right now is hot property. Know the changes that are taking

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

lace in terms of improving the stock market, the growth of commodity exchanges

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

in India and how introduction of hedge funds and liberalising foreign exchange co

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

Professional from academic institutions, pharmaceutical industries, health care indust

trols will impact the markets.

While all this may seem like a whole lot work, st

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

art by breaking down things into 10 aspects, then choose 5 from each and furthe

.

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

break down into 3 points that you memorise. You will notice that you will lear

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

Companies that provide selfless information through particip

n a lot faster and retain better this way than simply reading 10 newspapers daily

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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