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Write You - Avoid Credit Card Debt Next Christmas
Why is this article about avoiding credit card debt next Christmas and not this Christmas? Well, the chances are it i
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
s too late this year and the little plastic demon has already made an appearance, or it soon will…
Why do we do it?
Why do we do it?
; 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
Every year millions of us over-shop, over-eat, and over-spend. We simply must fill our cupboards with enough food for
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
months when in reality the festive period lasts only a couple of days, and it has become the norm to spoil our famil
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
y and friends with an abundance of overpriced gifts.
Naturally, the financial burden of providing for all of this ov
Naturally, the financial burden of providing for all of this ov
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
erindulgence has to be relieved somehow, and inevitably the credit card is all too willing to take the strain. But it
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
doesn’t have to be like this, there are ways of coping at Christmas without getting into credit card debt.
The firs
The firs
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
t and most obvious strategy is simply to cut down on your spending. Loved ones shouldn’t have to go without, and inde
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
ed it would be quite wrong if they did, but do you really have to buy them so much? And if you are in the habit of th
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
rowing out of date and unwanted food away in the first week of the New Year, then perhaps you are buying a little too
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
much? Cutting down just a little can make a big difference.
Secondly, remember that Christmas comes around every ye
Secondly, remember that Christmas comes around every ye
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
ar at the same time. It should not be a surprise that you suddenly need more money at this time of year, so start pla
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
nning for next year now. Join a Christmas savings club and start paying into it during the first week after the festi
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
ve holiday. It’s surprising how much of a difference saving just a few pounds each week can make to your Christmas fi
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
nances. But the more you save the more you can spend, so save as much as you can afford. Once you get into the habit
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
you won’t even miss it each week, and you will reap the rewards when the time comes.
On the subject of planning ahea
On the subject of planning ahea
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
d; have you noticed that stores sell off Christmas cards, decorations, and other paraphernalia at giveaway prices jus
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
t after the holiday period? This is the time to buy and put things away for the next season!
In conclusion, you don’
In conclusion, you don’
.
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
t have to become Ebeneezer Scrooge and have a miserable holiday, but you can avoid credit card debt next year simply
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
by cutting down a little on spending and taking some time to plan ahead. Have a merry Christmas and a Happy New Year!
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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