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Advice You - Hurricanes and Finance
Are your personal and family finances in order and ready to go
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
for the 2006 Atlantic tropical hurricane season? Are you ready
; 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
to go for a mandatory evacuation and realize that your home ma
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
y be destroyed and you may not even come back for four to six w
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
eeks to look at it because the power is out and FEMA will not w
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
ant you back in the area?
Have you consider what you will do o
Have you consider what you will do o
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
r how you will live for three to four weeks away from your home
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
while still paying all your bills? Are you worried that when y
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
ou come back to your area that your business or your job may no
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
longer be there because the building was destroyed and therefo
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
re the company is no longer in existence?
Have you considered
Have you considered
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
plans in case of such a potential eventuality; have you even co
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
nsidered what on earth you will do if you lose your job and you
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
r home? Where will you go, what would you do, how will you pay
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
your bills, can you get another job; doing what?
If your famil
If your famil
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
ies finances are straight and you have a financial plan in plac
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
e in case of such a catastrophe like the folks along the Gulf C
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
oast of the United States went through during Hurricane Katrina
.
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
and Hurricane Rita during the 2005 Atlantic tropical hurricane
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
season; then you might be okay. Please consider all this 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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