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Advice You - The Bad Credit Card That May Do Good
Millions of people use credit cards all around the world. A huge chunk of those users made mistakes when
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
dealing with their credit cards. The consequence of the errors is costly.
A lot end up in debt and most
A lot end up in debt and most
; 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
of the time these are the people who rant about the credit card being the devil. But fact of the matter i
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
s, this is not the case. When used properly, credit cards are very good financial tools.
Credit cards ar
Credit cards ar
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
e not necessarily just for people who have large sums of money to use. There are some cards even for the
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
financially challenged, and these are called the: “Bad Credit Cards.”
A bad credit card is just precisel
A bad credit card is just precisel
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
y that: a card with a very bad or low credit limit.
There are two types of credit cards: there is the se
There are two types of credit cards: there is the se
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
cured and the unsecured credit cards.
Unsecured credit cards are the accounts that are free from the lim
Unsecured credit cards are the accounts that are free from the lim
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
its of a bank account. The limit of credit is up to the bank’s discretion and not up to the size of the b
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
ank account. If the bank thinks that a person is deserving of a bigger credit, then it will be given.
Th
Th
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
is is the usual type of credit cards in the market and is fairly popular among the card shopping people.
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
These are also the cards known to be more respected by other companies. These are also the cards known to
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
send people to a very deep debt.
This is the type of credit card that should be avoided if the applican
This is the type of credit card that should be avoided if the applican
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
t is already in a financial mess.
The secured credit cards are the bad credit cards. These cards are gro
The secured credit cards are the bad credit cards. These cards are gro
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
unded on the size of the account a person has. For example, if a person has a $1,000 balance, then that i
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
s all the credit a person is going to get. If there is a point where the balance reaches $0, then the per
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
son should go and “re-fill” the account.
The bank limits the credit to the money already present to avoi
The bank limits the credit to the money already present to avoi
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
d overspending, thus preventing even deeper debt. This will monitor the expenses of the person and will h
.
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
elp the development of a financial recovery for some.
These credit cards are also known as “pre-paid cre
These credit cards are also known as “pre-paid cre
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
dit cards” for there is only a fixed amount that can be used and the holder is the one who puts it there.
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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