Cases - Business

It is mandatory (from legal perspective) for UK registered companies to use a registered UK addr

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

ess where the Government agencies can send official documents, such as statutory letters, court

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

Examples of combination products may in

ocuments and so on. The registered office address will be recorded at Companies House.

A compan

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

when incorporated is assigned a registered office address that gets recorded in the publ

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

ic record, such as Companies House. All the official correspondence (letters and reminders) take

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

Combination pro

place at this address.

However, there are numerous small companies/business set-ups that do no

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

wish to use their addresses as a registered address for official communication. This is because

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

an effective and prestigious company address plays a crucial role in creating a good image of

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

company in the eyes of the customers. In addition, an effective registered office address ensur

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

s prompt and reliable delivery and receipt of official mails. All the office documents received

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

t the registered address is forwarded to the designated address of the client. The small compani

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

Following aspects would a

es can use this address on their business stationary.

There are many firms that offer regist

dd to the challenges in developing combination products:

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

red office address service to such small companies. For example, a small company run by a si

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

gle director from his/her home can avail this service to enhance the efficiency of the business

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

by ensuring reliable official correspondence. The director can use this separate company address

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

to receive routine paperwork from Companies House and Inland Revenue.

The registered office

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

Professional from academic institutions, pharmaceutical industries, health care indust

ddress service is useful for the UK companies owned by people residing outside the UK. It is

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

a legal requirement of a UK company to have a UK-registered address. So, such companies can ava

.

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

l this service and run their businesses smoothly.

The companies availing the registered address

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

Companies that provide selfless information through particip

service should take care of not using the address as a 'trading address' for their general mails

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 - Associate Your Company With A Registered Office Address And Reap Business Benefits

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