Discussion 1,SECOND RESPOND

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School

Northeastern University *

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Course

6463

Subject

Health Science

Date

Oct 30, 2023

Type

docx

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Uploaded by JudgeLobsterPerson918

Discussion 1 Second response Product life-cycle management is often a very beneficial strategy when attempting to market new healthcare goods, especially in the context of compliance and regulatory concerns. There are a few essential perspectives to consider: Product Development: First, we must create the product while paying attention to the general population's needs and all technical parameters. Design: Making products on a lab scale or designing prototypes. This will help us understand the safety and effectiveness of the product. Manufacture: Before starting mass production, we check the quality of the main ingredients. We also test the final product to ensure it is safe and works well. Selling and Following Rules: When we start selling the product, we must follow all the laws and rules. Sometimes, if the product is a medical device, we must provide all the services needed to keep it working for a long time. Monitoring what happens after a healthcare product is available to the public is a big concern for regulatory professionals, primarily when they work with organizations like the FDA. It is important to know that even though pre-clinical studies are essential, they can only show us some things about how a new drug or treatment will work in real-life situations with different kinds of patients. Pharmacovigilance functions are risk assessment like Adverse Drug Reactions {drug- drug interaction, food-drug interaction}, toxic effect comparison of existing options, Identifying new information about hazards associated with a product, and providing information to users on safe and effective use of the product. So, it is essential to start watching how the product is doing in the real world as soon as possible. This helps ensure the product is safe and does what it should. It also helps find and fix any problems quickly. This makes the product better and makes people more likely to trust and use it.

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