Main Subject - Business

When choosing an automated parking system it makes sense to assess your needs and budget to

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

make sure that you can get something that is truly compatible and will have a fair return

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

Examples of combination products may in

on investment, otherwise it does not make much sense. Perhaps you have seen the double stac

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

ker lifts where one car is raised up and the second car parks underneath? This is one optio

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

n and generally can double your parking spaces if you have a flat indoor lot.

Indeed these

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

Combination pro

simple systems are a lot less costly than building a two-story parking garage out of cement

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

and steel, which could easily run you in the millions of dollars before the project is com

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

pleted. Steel and concrete are not cheap and you will need permits, architects and hire a c

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

onstruction company too, or hire a company, which can do it all for you, thus it could take

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

1-2 years until it is completed. Meanwhile, you still have the problem. Double stackers or

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

Duplex lifts make sense for this reason.

These systems are fairly reliable and can be inst

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

Following aspects would a

alled in a matter of weeks for the whole parking lot. No, they are not exactly cheap and ru

dd to the challenges in developing combination products:

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

n about as much each as an inexpensive auto maintenance garage lift. Most of these lifts ca

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

n lift 5,000 plus pounds and it of course makes sense to lift the smaller cars; Hondas and

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

Toyotas and Mini-Coopers on the lift and leave the bigger SUVs on the ground.

Duplex lifts

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

are one way to solve the parking issues and need for expansion in a quick and cost-effectiv

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

Professional from academic institutions, pharmaceutical industries, health care indust

e manner. However, if you need more that two parking spaces for every one space then you mi

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

ght have to look into other options, such as building a three or more level parking garage

.

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

or a full on robotic automated system which can stack the cars up rather than jamming your

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

Companies that provide selfless information through particip

parking lot full and rendering it unusable. So, perhaps you might 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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