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Top Articles - US Justice Department Only Serves Dishonest Competitors in Business
It is unfortunate as a business person to learn that you cannot trust the Justice Department of the United States of America. What an incredible letdown it is as a business person to watch how they actually operate. Here is how it works; a small business person in an innovative company moving fast in the marketplace due to a strong founder with an entrepreneurial background starts to tak
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
e business away from a competitor.
The larger business and competitor is watching their customer base slightly dwindle due to the new innovative market participant. Because the larger business has been in business longer they are able to have a little more political clout and have developed friends along the way. Perhaps they have friends who are Senators or Congressman; they make a pho
The larger business and competitor is watching their customer base slightly dwindle due to the new innovative market participant. Because the larger business has been in business longer they are able to have a little more political clout and have developed friends along the way. Perhaps they have friends who are Senators or Congressman; they make a pho
; 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
e call and the Senator or Congressman puts in a call to a regulatory Federal agency to check into the business of the new innovative company.
Once the regulatory body starts to investigate the new company they immediately send out press releases that they are investigating this company. The new company is considered to be fraudulent merely by the fact that they are being investigated, wh
Once the regulatory body starts to investigate the new company they immediately send out press releases that they are investigating this company. The new company is considered to be fraudulent merely by the fact that they are being investigated, wh
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
ther are not they did anything wrong. Often the dishonesty of business and politics mix in what one could only describe the very problem that Adam Smith had warned us about.
By having the smaller company investigated, the larger company does not have to innovate to keep up with the new market participant and may also continue as usual without innovating in the marketplace to compete with
By having the smaller company investigated, the larger company does not have to innovate to keep up with the new market participant and may also continue as usual without innovating in the marketplace to compete with
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
the changing market. This makes the old industry or business model even less competitive and stodgy. Eventually as this goes on there will be a market entrant that also has political clout and the larger company which could have innovative along the way to keep up with the changes in the marketplace will fall to the new competition.
The old company never had to fall in the first place i
The old company never had to fall in the first place i
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
it had worked hard to compete in innovate along with the market changes. So in essence the dishonesty between senators and congressmen along with businessmen ends up costing real Americans their jobs due to layoffs. This has happened in so many industries that there is no need to even give examples. What is truly unfortunate is that in our nation we stand for capitalism and free enterp
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
ise and free markets. But the dishonesty and lack of integrity of our politicians and the United States of America Justice Department causes conflict with these free markets and ideals.
If there was truly a level playing field in the marketplace then these older companies would adapt as needed to compete. But instead they put up barriers to entry for new innovative companies and rather
If there was truly a level playing field in the marketplace then these older companies would adapt as needed to compete. But instead they put up barriers to entry for new innovative companies and rather
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
han by the Company out with their cash flow or rise up and compete and streamline their business activities they choose to cheat. Is this what America stands for? Personally, having been in business for 27 years and dealt with this situation many times I have something to say to those larger older companies. You gentlemen are weak, inferior and afraid to compete in the marketplace. You
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
alk a good game about how great your company is but in reality you are pathetic.
It's obvious to me so many of today's corporations are in efficient, the bureaucratic and cannot perform up to the expectations on the consumer or customer and constantly misrepresent themselves at every level. It is unfortunate that our government allows them to do this and even helps them to be more in eff
It's obvious to me so many of today's corporations are in efficient, the bureaucratic and cannot perform up to the expectations on the consumer or customer and constantly misrepresent themselves at every level. It is unfortunate that our government allows them to do this and even helps them to be more in eff
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
cient. Of course any time government gets involved of course there is inefficient, as they cannot do anything right either. What a bunch of wimps.
There is no way that a modern-day corporation can impress me after what I have seen in the marketplace. The utter incompetence of some of the largest companies that we know about are nothing more than smoke and mirrors and only exist because
There is no way that a modern-day corporation can impress me after what I have seen in the marketplace. The utter incompetence of some of the largest companies that we know about are nothing more than smoke and mirrors and only exist because
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
the government protects them from real entrepreneurs who can perform day in and day out. I am completely disgusted with the dishonesty of the United States Justice Department and all the little regulatory agencies, which are under their umbrella. I am equally disgusted by the little Harvard MBAs, which graduate each year and cannot even get out of their own way. If they didn't have the
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
overnment covering their butt they would fall on their face.
Personally, I have been a guest speaker at many MBA programs at top colleges and universities around the country and I am always amazed at the ridiculous questions that business students ask and I wonder how well they perform in the marketplace on their own? Well, the fact is that they can't and their MBA certificate is only us
Personally, I have been a guest speaker at many MBA programs at top colleges and universities around the country and I am always amazed at the ridiculous questions that business students ask and I wonder how well they perform in the marketplace on their own? Well, the fact is that they can't and their MBA certificate is only us
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
d so that they can put it on their r?sum? for a job interview. If this next group of MBA students is supposed to run America's greatest corporations, well then I guess they do need the help of the government to protect them because they suck. They are a dishonest group of folks and then they could not market their way out of a paper bag or manage any workforce without applying condescend
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
ng gibberish and false complements.
Is this being too harsh on today's MBA students and the United States government? One could say that I am too harsh and expect too much. But what I am asking for only is that they put their money where their mouth is and do what they say they're going to do. If this nation stands for free enterprise and capitalism and the United States of America's J
Is this being too harsh on today's MBA students and the United States government? One could say that I am too harsh and expect too much. But what I am asking for only is that they put their money where their mouth is and do what they say they're going to do. If this nation stands for free enterprise and capitalism and the United States of America's J
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
stice Department stands for; truth, justice and the American way, then I expect to see that and hold them to that mission statement. If a corporation runs around and heights its stock and its ability in the marketplace and it should not be afraid of competition and it should perform at its optimum and most efficient level. Unfortunately neither is happening in the United States of Americ
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
or anywhere else on this planet for that matter.
As I travel around the world I noticed people wearing suits and ties which is a capitalist and American tradition; in countries like Korea, China, India and the Middle East and yet they have learned to both the positive and negative of capitalism. The corporations of the United States of America should not be afraid to compete in the free
As I travel around the world I noticed people wearing suits and ties which is a capitalist and American tradition; in countries like Korea, China, India and the Middle East and yet they have learned to both the positive and negative of capitalism. The corporations of the United States of America should not be afraid to compete in the free
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
market and if they are so good then they shouldn't be worried about an innovative competitor that's moving ahead of the marketplace. Any corporation worth their salt will observe the only constant known to mankind and that constant is; change.
The United States Justice Department should stand for free markets and capitalism and not participate in competitive political pandering. If the
The United States Justice Department should stand for free markets and capitalism and not participate in competitive political pandering. If the
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
nited States Justice Department and regulatory bodies under their umbrella cannot stay honest then they are not needed. If the corporations cannot compete in the free markets then the free market should be allowed to render it a victor in the marketplace based on consumer choice and preference. May the best man win. I cannot tell you how many times I have witnessed the unbelievable BS a
.
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
d fake investigations by regulatory bodies to help an industry association, a large multinational corporation or the forward advancement of a bureaucrat.
In my opinion those cheaters in life who cannot compete deserve no medallion, no checkered flag and no free ride. Face it, you are weak and cannot compete, so you cheat, lie and pretend. And you expect me to bow down and be impressed w
In my opinion those cheaters in life who cannot compete deserve no medallion, no checkered flag and no free ride. Face it, you are weak and cannot compete, so you cheat, lie and pretend. And you expect me to bow down and be impressed w
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
th that? No way in hell. If you can't perform get off the track. If the United States of America wants to continue to lead the world in business, innovation and guide the forward progression of mankind that we need to ditch the political correctness and BS. We owe it to ourselves to respect all we are and all we have built. I do, but apparently I am the only one. Consider this a 2006
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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