Cases - Business

Toronto, ON, Nov, 2006 - There are many applications for how RFID systems help manufacturers and warehouse opera

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

tions; these applications can be as unique as the enterprise they help. However, there are some common areas in

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

Examples of combination products may in

hese industries related to their logistics of getting the finished product to the customer or to another distrib

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

tion center. Bottlenecking of the goods at the shipping door has implications on the costs to ship goods, lowers

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

revenues when there are fewer shipped goods to bill and puts a drag on productivity gains you have made in other

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

Combination pro

areas of the enterprise.

As product moves onto pallets, cases, boxes or whatever the means of preparing it for

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

hipment, an RFID tag is read that is attached to the pallet, as an example. With the appropriate applications so

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

tware, then all relevant data is transposed onto the tag, the inventory of product, which customer it is for, de

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

ivery information, the method of transportation, etc.

Once that pallet passes through a specific point at a shi

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

ping dock, then the tag is read and the contents of the data loaded earlier gets processed into the enterprise s

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

ftware. This in turn will generate invoices, initiate courier tracking, adjusts inventories, initiates material

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

Following aspects would a

purchases to name just some of the impact RFID can have for your day-to-day business. Gone too are many of the h

dd to the challenges in developing combination products:

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

adaches associated with bottlenecks in the shipping process such as verifying shipments against the bill-o-ladin

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

while drivers queue up for their pick-ups, the potential for human error in getting the wrong product on the wr

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

ng truck.

The ability to ship manufactured or warehoused goods efficiently and with less cost is what RFID tech

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

ology can deliver to your business. To learn more, please contact GAO RFID Inc. at sales@gaorfid.com or visit ou

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

Professional from academic institutions, pharmaceutical industries, health care indust

Web site at www.gaorfid.com.

About GAO RFID Inc
GAO RFID Inc., a member of GAO Group, was spun out from G

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

O Tek (formerly GAO Engineering) in July, 2006 as a result of its fast growing RFID business and its further hea

.

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

y investment in this exciting market. GAO RFID has established itself as one of world??s most influential suppli

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

Companies that provide selfless information through particip

rs of RFID products, particularly RFID tags, labels, and readers. GAO emphasizes on product quality. Read More..

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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You fill up your mug, jump in your car and head onto the dreaded commute of the day. Once you get to work chaos and more chaos surround you. Those half-an-hour breaks really don't cut it anymore. By the time you get home late into the evening you really don't have much time for anything but eating and sleeping which seems to keep adding to your waistline like your boss adds to your in box.

Recently a study was done to determine the top 3 reasons small businesses have been reluctant to fully embrace the increasingly relevant Internet in their marketing plans. The results showed similar misconceptions on both sides of the Atlantic as to what Internet marketing is, and what it can do for their business.

Many people believe that the Public Mega Corporations are eventually doomed to fail and of course there are many reasons for this. One of the most common reasons cited by media is Corporate Malfeasance. Another one which some free-market economists note is that the Stock Market is now a gambling casino and still others make light of the fact that corporate greed from those at the top is out of control. Of course someone once said something interesting about Absolute Power.

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