Advice You - Business

A mobile oil change business is a good business because almost everyo

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

ne owns a car and all cars, trucks, buses, motorcycles, boats and RVs

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

Examples of combination products may in

need that oil changed on a regular interval to protect the motors fr

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

m excessive ware. What if you live in a not so populated area? Recent

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

ly someone had inquired if Lake Havasu City, AZ would be a good place

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

Combination pro

for a mobile oil change unit?

Lake Havasu City has many retired folk

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

s living there and it is in the desert area and has the Colorado Rive

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

running by it, so it is also a recreation boating hot spot. Is Lake

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

Havasu City a viable place to run a mobile oil change business? Well,

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

Indeed Lake Havasu is growing. I like it there. Or should I call it L

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

ake Have-a-Brew? People sure get nuts on the lake there, clothes opti

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

Following aspects would a

onal. Silly tourists, a little out of control on some of those 3-day

dd to the challenges in developing combination products:

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

ummer weekends.

The population there is not significant? What about

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

servicing additional nearby cities within a 1-hour driving distance?

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

ell you know Between Bull Head City, Laughlin, Parker, Needles and Ki

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

ngman you do have 250,000 people. Well you could easily plan your sto

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

Professional from academic institutions, pharmaceutical industries, health care indust

s out correctly and spend one day a week in each area. By the way hav

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

e you been to the coffee shop/Oil Change place in Needles? Very nicel

.

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

done, worth a look see! Nice folks too. Perhaps it is feasible and d

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

Companies that provide selfless information through particip

oable? Looks like a good market doesn’t it? Consider all this in 2006

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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Advice You - Mobile Oil Change Business in Lake Havasu City; is It Viable?

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