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Business Dump - Building Your Own Electronic Tool Kit.
Have you ever considered building your own electronic tool kit, but decided it was just too expensive or too complicated? That presumption couldn’t be any
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
further from the truth.
Like with any other type of purchase you most likely will have some kind of budget in mind. Just one bit of advice here; don’t let
Like with any other type of purchase you most likely will have some kind of budget in mind. Just one bit of advice here; don’t let
; 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
your budget keep you from purchasing quality tools, the investment you make now could save you hundreds of dollars in the future in replacing poor quality
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
tools.
The first thing you should consider is how you are going to store your tools. Will you be using your tools on the road or will you be working in a
The first thing you should consider is how you are going to store your tools. Will you be using your tools on the road or will you be working in a
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
service shop type of environment.
My personal recommendation is to have a tool case or tool bag to house your tools. It is a great way to protect and org
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
anize your investment. There are many choices of tool bags from wheeled tool cases, foam filled cases and aluminum tool cases. Your personal circumstance w
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
ill warrant which tool case you should choose.
Now to the most important part of your purchase, which tools to buy? This will also be determined by sever
Now to the most important part of your purchase, which tools to buy? This will also be determined by sever
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
l factors that you should seriously consider before making your final decision.
1) Will you need to have portability for your power tools and electronic t
1) Will you need to have portability for your power tools and electronic t
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
est equipment? Then you will want to purchase items that can be operated with rechargeable batteries. A few examples of this are a good quality handheld os
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
cilloscope or a rechargeable soldering iron.
2) Will you be repairing mechanical type equipment, electronics equipment or both? Electronics equipment may
2) Will you be repairing mechanical type equipment, electronics equipment or both? Electronics equipment may
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
require tools like special torx screwdrivers to remove fasteners used to prevent end users from accessing internal components. You may also need special sc
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
rewdrivers that are rated for working with high voltage. Consider carefully what you job will involve when making you tool choices.
3) Then of course ther
3) Then of course ther
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
e are specialized fields of Electronics. Telecommunications, Cabling, Home Theater Installation, Computer Repair and many others. Each of these areas requi
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
res special training and special tools. Of course there are tools that remain in common to all of these different fields of electronics.
You should also b
You should also b
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
looking at tools that offer you a warranty or total replacement of defective tools. Typically manufacturers will NOT offer a lifetime warranty on electron
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
ic test equipment. The warranty offered on most test type equipment is generally for a 1 year period and replacement or repair of the equipment is left to
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
the discretion of the manufacturer. On the other hand, tools like wrenches, screwdrivers, hammers, and other types of tools will offer a lifetime warranty
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
on these types of tools. It is best to inquire about any warranties before making any purchase.
Building your own electronic tool kit is a great way to pu
Building your own electronic tool kit is a great way to pu
.
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
t together exactly the tools and test equipment you will need for your particular field of electronics. You may also want to consider purchasing a tool kit
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
and choosing your specific tools or test equipment to add to that tool kit as well. The key here is to have the right tools for the job when you need them
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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