Main Subject - Business

1. What is my budget?

Copier speed is measured in copies per minute (CPM, also known as

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

pages per minute or PPM). Copiers can produce from four to over 100 copies per minute. The slowe

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

Examples of combination products may in

t machines begin at around ?700 and the fastest, digitally connected, multifunctional machines c

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

n cost over ?100,000. Copiers that cost more than a couple thousand pounds are most often rent

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

d or leased, but they can also be bought outright. Leases for photocopiers typically extend for

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

Combination pro

hree to five years.

2. Is there any hidden costs?

The capital cost of printers may be r

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

latively inexpensive but the cost of consumables, maintenance plays an important part in budgeta

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

y decisions. Research shows that 40% to 45% of total cost of ownership goes toward consumables a

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

d servicing and 55% to 60% is down to manageability and reliability.

3. What’s your copy and

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

print volume?

It’s always worth assessing your current usage by conducting a quick print au

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

it of average pages printed per month, A4 or A3 requirements, black & white usage and colour usa

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

Following aspects would a

e. Take a long-term view and consider the potential growth of your company or personal office.

dd to the challenges in developing combination products:

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

B>4. Should I go for colour copiers or mono copiers?

Colour is undoubtedly where the future

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

lies. Although the manufactures are obviously keen to push colour copiers, as it increases their

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

margins on consumables, remember the best business multi-function peripherals do offer mono and

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

olour simultaneously. It’s also possible to disable the colour on the multi-function peripherals

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

Professional from academic institutions, pharmaceutical industries, health care indust

if you do not need colour now but want it in the future.

5. What should I do next?

Phot

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

copier companies like us normally provide free advice on purchasing, so if you’re still not enti

.

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

ely sure on what kind of copier machine to go for, it’s probably best to contact your local deal

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

Companies that provide selfless information through particip

r and hopefully they should give free information without trying to persuade you to a sales deal

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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