Advice You - Finance

Travelers are very familiar with the frequent flyer credit card. It is a credit card that is issued by a card company, in collaboration with a major airline, or issued

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

by the airline itself, to allow a person to avail of the airline’s services, yet pay for it at a later date.

Businessmen are the usual people who avail of this kind o

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

Examples of combination products may in

card since they always travel to take care of work related matters in various places and with various clients. So that the frequent flyer credit card would be fully u

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

ed, the issuing company gives incentives like free travels or free stays at a certain hotel if a cardholder accumulates a certain number of miles. But how can a freque

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 flyer cardholder get the mileage points quickly?

1) Use hotels and car rentals – airline–specific cards, or flyer cards that are tied to a certain airline, are often

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

Combination pro

also connected to certain hotels and car rental services as a form of advertising and patronage strategy.

If a cardholder checks–in a hotel that is part of the card’s

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

mileage point accumulation scheme, he should put the hotel charges on the credit card. As much as possible, if there is an available car rental service that is tied up

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

with the frequent flyer card, charge the rental fees to the card. These will help the holder rack up a hefty amount of points per travel.

2) Avail of vacation or tour

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

packages – those typical 2–day, 3–night stays at a certain resort, vacation spot, or country help an airline–specific cardholder accumulate more mileage points for his

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

requent flyer card.

It sure is a great thing to enjoy yourself in an exotic location, eat great food, experience the locality’s culture, and when you get home, be assu

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

ed that you didn’t just spend money. Your vacation is earning you some points that will give you better and maybe free vacations in the future! Now you have a good rea

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

Following aspects would a

son to keep on traveling and going on vacations.

3) Charge travel related expenses to your frequent flyer card – if you don’t travel that often, or just travel during

dd to the challenges in developing combination products:

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

ertain times of the year, it also helps to rack up points by putting your expenses during your travel on the credit card. If you bought some souvenirs, charge it to th

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

card. If the car ran out of gas, just refill the gas tank and pay for it using your credit card. Bought, some groceries, charge it to the credit card. These will he

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

p you accumulate mileage points for your frequent flyer card.

4) Travel as often as possible – Most businessmen and executives can avail of the benefits of a frequent

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

lyer credit card since they always travel. Business meetings here, conferences in the next state, branch visits in another state, working out deals overseas, and a lot

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

Professional from academic institutions, pharmaceutical industries, health care indust

more help the busy executive rack up mileage points that will soon translate to free plane tickets, or free stays in a hotel, or any other benefits that a frequent fly

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

r card offers to its cardholder.

If you can frequently travel, keep on traveling! Just charge all your plane tickets to your frequent flyer card. This will help you

.

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

ccumulate more than twenty thousand (20,000) miles in a year! Now that’s a sound deal to payoff all the hard work you have done for the company!

So what are you waiti

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

Companies that provide selfless information through particip

g for? If you have the time, money, and reasons to go somewhere via the airplane, book a ticket and start traveling! You’ll be glad you brought out the traveler in you

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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Not every courier service provider or trucking company is on the up and up. Being aware of shady shipping practices perpetuated by some couriers can help your company avoid calamity later on.

Before you even begin to look at engaging seriously in lots of sales networking effort, it is useful to look at your own temperament or disposition,. This is the individual’s internal desire to network and to find value and enjoyment from the whole process of building relationships, which will in turn lead to increased sales

If you intend to franchise your company you will need to design a bullet proof training company for your new franchisees. This is above and beyond the training program you will design for them to administer to their new employees. Remember when training new franchisees it is similar to training new managers for any Corporation’s outlets.

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Advice You - Fly to Distant Lands with Your Frequent Flyer Credit Card

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