You can host multiple office component in a form or you can open multiple office instance in your internet explore with Edraw Viewer Component version 7.

The new version 7 has no toolbar-locked issues with multiple instances of Word or excel opened in several tabs or even inside single form.

Note: you need set the Frame hook policy as SetOnFirstOpen and Component activation policy as KeepUIActiveOnAppDeactive in the previous version. But it doesn’t work for the IE7 or IE8.

Frame hook policy
To correctly handle activation when the host gains or loses foreground status, the ActiveX control uses a frame hook. By default, the hook is set when the control is created. In some situations, especially when the control is used from a multi-threaded UI host or when the control is nested in a container control like a Tab page in a .NET WinForm application, the parent of the control at create time may not be the correct window for the control to hook when it is running. In these situations, you can use the FrameHookPolicy property to reset the hook at a more suitable time. For example, if you build a .NET WinForm solution, set the FrameHookPolicy property to SetOnFirstOpen in the Properties window.

Component activation policy
The sample control can support more than one instance of itself in a given host application. However, only one control can be active at a given time. This is a requirement of ActiveX Document hosting. To handle multiple instances in a single host, the control registers itself with a component manager. This lets the component manager keep track of the active control. Use the ActivationPolicy property to control how the embedded object is handled during component changes. The ActivationPolicy property can be set to one or more of the bit flags that are defined by the ActivationPolicy enumeration.