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E-Articles - The Rewards of Romance
An old song says, "Money makes the world go around." Well, I’m here to set the r 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 ecord straight. Romance is what makes the world go around. It makes the stars br ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in ghter, the moon fuller, the waters bluer, our day (and night) more ... Do I real lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. ly need to say it? For those of you who aren’t convinced, I invite yo here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe to think back to your younger days. Take a moment and relive one of your fondes d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro romantic experiences. Do you remember your first crush as a teenager? What abou 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 t your first kiss? How about that first date? Or that slow dance with that speci 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 someone in your arms? Aha! I thought so. You know what I’m talking about. nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically Romance is within each of us ... it’s within you. A little imagination, so 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 me effort, and commitment are all that’s needed. And just look at the all the be ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi efits you have to look forward to:
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a me alive.
dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin for no apparent reason.
tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen l gain more energy to devote to other areas of your life.
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 e the envy of others--people will want to know your secret
ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust younger and probably look younger too.
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products another.
. 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 enjoy a more intimate relationship with your partner.
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip day a healthier, happier, more loving person.
Need I say more 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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