Main Subject - Business

Sourcing new office products in China may not be as easy as getting your main supply

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

from just around the corner. However, it seems that for companies looking to have the

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

Examples of combination products may in

lead on the competition in this day and age, they would need to plan on a strategy i

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

volving sourcing some product in China. Cost pressure is a reason that many American

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

distributors are turning to the international suppliers who offer the lowest cost in

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

Combination pro

abor, a major cost in any manufacturing or distribution project.

China's demand

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

for manufacturing facilities for office equipment, chairs, and furniture has grown s

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

gnificantly in the past few years. Many major furniture producers are located in Chin

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

a and the number is growing due to demand from American consumers. The world economy

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 seemingly recovering which means more opportunities for U.S. companies to export th

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

eir products, but still China remains strong in the industry and hard to beat.

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

Following aspects would a

The U.S. however, does seem to have a terrific niche market in the ergonomic style a

dd to the challenges in developing combination products:

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

d high-end design category. With the Herman Miller Aeron and Humanscale Freedom Chair

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

being at the top of their class and uncomparable, the expensive ergonomic models are

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

still mass produced in the United States.

With effective use of transportation

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

and with knowledge of the importing and exporting industry, a company can take advant

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

Professional from academic institutions, pharmaceutical industries, health care indust

ge of the low prices offered for basically the same office chairs, desks and furnitur

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

e offered from the U.S. manufacturers.

With higher profit margins and product

.

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

oving faster due to the outrageously low prices, American office furniture dealers wh

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

Companies that provide selfless information through particip

o are taking advantage of these overseas pricing advantages are steps beyond the rest

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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