Advice You - Business

I know this might sound like a lofty statement, but self adhesive labels can make a world of difference to your business. And Melbou

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

rne is home to an array different types of label manufacturers and retailers. So before you start thinking that I "need to get out m

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

ore," here are a few things you might want to consider.

How can self adhesive labels make a difference to your business?

As

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

the name suggests, self adhesive labels are labels that can attach to other surfaces and materials without the help of any additiona

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

l glues, nails, staples etc.

Magnetic labels (like the often used “fridge magnet”) fall into this category. These are used by many

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

usinesses in a number of industries (most notably the fast food and home services industries) to increase their brand awareness.

Ho

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

wever, the most obvious and most commonly used type of label is the humble sticker, which has an array of uses.

How can you use

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

stickers in your business?

Stickers can be used to label products with:

Sale price (either directly on the product,

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

r on adjacent shelves)

Barcodes and “Product ID” information

Dates which products should be “Used-By” (otherwis

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

e marked as “Best Before”).

They can also be used to label products with custom messages. For example, if you’d mo

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

ed premises and you needed to change the address of your business on brochures or catalogues, you could order a number of pre-printe

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

d labels (with your new contact information) to be sent to you, ready to be stuck on to your sales material.

On the other hand, if

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

your Melbourne business wanted to do a “mail-out” to your database of customers, you could finish this task quite quickly and easily

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

Using mail-merge, you could print your customers’ names and addresses onto blank self-adhesive labels that are then stuck onto enve

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

lopes and mailed out with your product catalogues, “Thank You” notes, “Birthday Cards” or “Closed-Door Sale” information.

And if yo

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

r business deals in fresh fruit, you can label a variety of fruit with stickers (think of the last time you had to peel one off an a

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

pple or a banana).

Stickers can be bought in either rolls or sheets, depending on the type of printer or labeling equipment

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

your business uses.

And at the personal use level, stickers can be used to print cartoons and funky messages.

Conclusion

S

.

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

lf adhesive labels are versatile and inexpensive to use. They’re extremely useful as a marketing tool and are flexible enough to con

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

vey stock information for you and your customers. And of course, you can’t go past them as a time and money saver for your employees

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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