Cases - Business

Do you have a job at a Fortune 500 Company? Do you feel safe

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

that you will not lose your job? Are you certain that your pe

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

Examples of combination products may in

sion cannot be raided and you will be able to retire on-time

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

ith the full-benefits package that you were promised? What if

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

I told you that many of the greatest American Corporations of

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

Combination pro

the present period were laying off tens of thousands of peopl

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

as we speak? Would you still feel safe?

Perhaps you work fo

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

a regional large corporation and feel safer; should you? Wel

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

, I would not if I were you as things can indeed change so ve

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

y fast and then what? Are you still sure you are safe? Well t

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

en how sure are you?

Did you know that General Motors, Ford

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

Following aspects would a

Motor Company, Intel and Dell are all laying off Thousands of

dd to the challenges in developing combination products:

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

Employees right now? Indeed we are told that unemployment is

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

t an all-time low of 4.7% and that is great news. Well that i

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

until it is your name that hits the lay off listings? Do you

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

have a plan incase you are going to be laid off?

How will yo

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

Professional from academic institutions, pharmaceutical industries, health care indust

pay the bills? How long can you go without an income? Are yo

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

in debt, high payments and what about credit cards? Sure 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

can live off those, but for how long and then what? What will

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

Companies that provide selfless information through particip

you do have you thought about that? Consider all this in 2006

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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Cases - GM, Ford, Intel and Dell all Laying Off Thousands of Employees

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