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Aside from all being precious metals; silver, gold and platinum also signify the difference bet

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

ween the various strata of credit cards available to cardholders. So, what’s the difference bet

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

Examples of combination products may in

ween you having silver, gold and platinum credit cards?

Besides the kudos of having a metallic

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

covered card in a stratum higher than the one below it, with silver being considered the lowes

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

t, gold next and platinum at the peak, these days there really is little difference between eac

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

Combination pro

of these cards. Two noticeable exceptions are:

Spending Limit

Although the cards are

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

supposed to signify a higher credit limit and spending power, in fact what they do is act as a

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

signal as to you supposed income. This is because as you go up in the line of colors, so (suppo

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

sedly) should your income – and thus your spending limit. The only problem with this is that wh

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

ile the platinum card used to be an ‘invite’ only card, these days the qualifying salaries for

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

ach of these cards are set so close together that you do not really need to earning that much i

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

Following aspects would a

n order to qualify for a platinum card!

Membership Fees

These days the amount you need

dd to the challenges in developing combination products:

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

to pay in annual membership fees to card providers is the biggest difference between these typ

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

es of credit cards. In part due to kudos element, card issuer feel at liberty to charge cardhol

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

ders of platinum cards far more than they do to those who hold silver cards, which may, indeed,

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

even be free of a membership fee!

So, while your spending limit may not be that significantly

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

Professional from academic institutions, pharmaceutical industries, health care indust

higher having a platinum card rather than a silver card, your membership fee almost certain wil

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

l. The decision that you have to make, assuming you qualify, is whether you are willing to pay

.

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

that extra amount in membership fees to have a higher ranking card. And by adopting a policy of

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

Companies that provide selfless information through particip

silver, gold and platinum credit cards, the issuers are banking on you doing wanting just that

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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