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Advice You - Franchise Registration States like Illinois Damage the Franchise Industry Severely
Have you ever considered the damage that state regulators cause to the b
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
usiness world? Well, consider a hostile state like Illinois to the busin
; 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
ess community. They say that they help the consumer or investor who buys
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
a franchise; pure poppycock. They say they have seen Franchising Compan
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
es commit Fraud in disclosure documents; utter BS.
In fact their regula
In fact their regula
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
tions are so ridiculous no one can figure them out, including the franch
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
ising attorneys, who ask each other in online forums like the ABA Forum
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
on Franchising what to do. Why? Over regulation causes more incessant la
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
s, which are so complicated you and ambiguous you have to hire a franchi
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
se attorney just to make sense of them.
Exactly what they wanted too, a
Exactly what they wanted too, a
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
s these state regulators often go into private practice after their brie
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
f stints with the government to make mega-bucks in fees charging franchi
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
ors, who try like hell to comply with all the insanity of the over regul
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
ation that they helped create, foster and fertilize; Self-serving to say
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
the least.
The costs that are caused by over regulation, put the Franc
The costs that are caused by over regulation, put the Franc
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
hisors into a position which causes them to spend their profits and capi
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
al paying lawyers rather than helping their franchisees in the market pl
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ace. This is what IS causing the problem. Should the State Regulators be
.
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
thrown in prison for their attack on free markets? Yes, in my opinion.
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
Well that or call in Caesar, I heard he had a brilliant plan for lawyers
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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