Main Subject - Business

China, India & ASEAN countries are the major driving markets for Asian automotive industry. "Asian Autom

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

otive Industry (2007)" report provides objective analysis on Asian Automotive industry to explore the po

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

Examples of combination products may in

tential opportunities and challenges faced by the industry.

Key Findings

Low cost Vehicles are driving

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

the growth of automotive industry in emerging economy, such as China & India. It offers immense opportu

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

nities for global players in these economies. Asian countries, such as Thailand, Philippines, Indonesia

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

Combination pro

, Malaysia, are expected to be the potential markets for automotives due to AFTA (ASEAN Free Trade Area)

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

.

From long-term perspective, cheap financing and prices discounts, rising income levels, and infrastru

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

cture developments will drive the growth in majority of Asian automotive market. Thailand is emerging a

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

s a manufacturing hub for foreign automotive players, due to AFTA under which export tariff are very les

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.

Poor infrastructure affecting the growth pattern in Asian automotive industry e.g. commercial vehicl

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

es dominates Indonesian and two wheelers in Sri Lankan automotive market due to the poor roads.

Key Iss

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

Following aspects would a

ues and Facts Analyzed

Automotive Industry performance of major Asian countries. What opportunities ex

dd to the challenges in developing combination products:

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

ist for the automobile players in Asian automotive industry? Major challenges and driving forces for As

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

ian automotive industry. Who are the major competitors in Global Passenger car industry?

Key Players A

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

nalyzed

This section covers the key facts about major players currently operating in the Asian automoti

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

ve industry, such as General Motors, Toyota Motor, Ford, Nissan, Honda, and Hyundai etc.

Research Metho

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

Professional from academic institutions, pharmaceutical industries, health care indust

dology Used

Information Sources
Books, Newspapers, Trade Journals, and White papers, Industry port

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

als, Government Agencies, Trade associations, Monitoring Industry News and developments, and Access to m

.

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

ore than 3000 paid databases.

Analysis Method
Ratio Analysis, Historical Trend Analysis, Judgmenta

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

Companies that provide selfless information through particip

l Forecasting and Cause and Effect Analysis.

For More information kindly visit http://www.bharatbook.co

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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Main Subject - Asian Automotive Industry (2007)

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