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A lot of people have the dream of becoming debt-free, some even attempt to make that dream come tr

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

ue, but without fail, most do not make it and the reasons why are almost always the same.

Perhaps

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

Examples of combination products may in

you’ve been there before, working hard to pay down those credit cards and then, WHAMO! You get sl

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

mmed with a car problem that has to be repaired so out comes the credit card.

There are other sce

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

arios. Medical bills, college loans coming due, a mortgage balloon payment, taxes and more. Thes

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

Combination pro

frustrating and terrifying situations can be very overwhelming.

While they may paralyze our effo

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

rts to get out of debt though, they are not what is keeping people in debt.

It’s what happens aft

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

rward that defines whether or not the debt-free dream will come true.

THE MOST IMPORTANT FACTOR T

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

SUCCESS IS: Persistence

To some, this answer may sound trite and simplistic, but it is far from

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

it. Persistence is incredibly powerful. Talk to anyone who has come through a very difficult sit

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

ation and ask them how they got through it. Their answers will vary, but the theme of persistence

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

Following aspects would a

, is, well, persistent.

You might get set back a month, a year, or five years, but the dream bein

dd to the challenges in developing combination products:

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

debt free never has to die, it just may get delayed a little bit.

I liken it to driving to work

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

n the morning. Most mornings I get there on time. But some days, well, I get behind a someone dr

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

ving slow or I come across some road construction.

Both of these frustrations will certainly dela

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

me from getting to my destination, but I will still arrive there just the same. Even if I get in

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

Professional from academic institutions, pharmaceutical industries, health care indust

a car wreck, I’ll still get to work eventually; though much later.

No, persistence is NOT easy,

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

specially in the face of adversity. That’s why there are so few who have actually made it. If yo

.

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

want to be one of those few, one of those who have made their dream of debt-free living come true

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

Companies that provide selfless information through particip

then the ONLY way to succeed is to be persistent at it.

If you are, you WILL realize your dreams

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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There can be two fundamnetal flaws in your resume: you lie about work history and credentials or you hide things about yourself which go beyond common benchmark skills and achievemnts but which are important to your success.

Recruit talented people from all segments of the population, and assure them that their contributions are needed and welcome.

Here's how to use your credit card wisely, use it to your advantage, and get on the right side of the credit card game.

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