Main Subject - Business

The article highlights the need for purchasing power by rural Indians especially in the context of wide FDI's which set up / comming up in

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

India.we know that the traditional market place are increasingly being replaced with the departmental stores,super markets and speciality

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

Examples of combination products may in

stores.The lifestyles of the economy class are increasing,but the average rural Indians earnings are still the same.

People of rural Indi

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

need information and decision making for their better day to day operations,which will improve their quality of life and also empower the

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

.FDI's are shaping the country's economic scenario,but do this mean that the retail stores are set up only for the economy class.In India,

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

Combination pro

he rate of items in any retail stores are so high and a common layman cannot even dream of buying a product.The government is promoting th

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

e retail stores in India,without keeping in mind the income of the rural Indians.

In terms of GDP,we are comparing with Chinas's GDP,but

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

ee the standard of living in China and the Indian rural people.The Government has created the NREGA Bill,but does it mean that all the peo

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

le residing in rural India are benefitting from this scheme.I do think that this scheme has benefitted the pocket of many politicians & St

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

te Government officials.Time has come for the government to open the eyes and see this all,rather than providing good lifestyle only for t

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

e certain class of the society.

Rural India consumes 56% of the FMCG demands and we have got quite lot of Indian FMCG Companies,but still

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

Following aspects would a

lot of FDI's are pouring in India.What I suggest is that let the Government see the living standard of the rural India,upgrade them and c

dd to the challenges in developing combination products:

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

alk out potential opportunities for any MNC's or FDI's.We all know that Retail stores in India are meant only for the uper class / economy

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

class,can we see anyone from rural India over the retail outlets or any retail outlets set in Rural India.Never,India is still sleeping an

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

trying to cope up with the developed countries.First lets ensure that 100% of the Indians are economically forward and create opportuniti

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

s for any MNC's or FDI's in India.

I want to ask one question,can you find any rural indian working in WAL-MART,you wont find this,why th

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

Professional from academic institutions, pharmaceutical industries, health care indust

at,we should change the system.To sum up,I would like to say that any retail stores operating in india shouls see wheather they are really

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

creating road for the rural indians to buy any products.I'm really proud of many Indian Companies like HLL,ITC,GODREJ etc., whose sales fi

.

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

ure crosses more than 60% only form rural market.The Government should take steps to ensure that the prices of stuff in the retail stores

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

Companies that provide selfless information through particip

re lowered down,which can be beneficial to all classes of the society and the corporate Sector should put forth the views what I suggested

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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Are you thinking of selling your gas station? Or looking for gas station for sale that you could turn into a business?

In short, my bank made bit of a mess of opening a new business account for me. And I waited for about 6 weeks before I eventually received a paying in book and cheque book.

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Main Subject - Corporate Responsibility to Society With Special Reference to Rural Indians

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