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Scrap gold is often referred to as "a mine above ground"! Recyclers are quick to point out that their tradition of producing valuable metals from unwa

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

nted items goes back to ancient civilization. Back then, scrap gold or seized pieces from conquered nations was melted down and remade into new pieces

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

Examples of combination products may in

of jewelry or figurines. Today, after scrap gold goes through its melting process there is no difference between its purity and mined gold ingots. Th

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

e cost of remelting and then refining is still regarded as very small, when compared to the cost of mining. The scrap gold market plays a very importa

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

nt role in the overall world wide gold market scene.

Scrap gold is procured from quite a few different areas. Broken or unfashionable gold jewelry is

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

Combination pro

of course the first thing that comes to mind when you think of common sources. However, with the increase in the electronics and industrial markets,

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

these areas are now an important source of locating new sources of precious metals that can be re-processed and brought back to the market, as a valua

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

ble commodity. Scrap gold is retrieved as one of the components in computer and telecommunications equipment, like microchips, printed circuit boards,

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

etc... Even though the amount of scrap gold is quite small, the amount of equipment being turned in is absolutely huge, which makes it very worthwhil

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

e for the minuscule amounts of gold to be recovered. This scrap gold may eventually find its way back to being created as a beautiful ring, necklace o

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

r maybe a bracelet. On the other hand, it could end up being used for investment purposes or as another industrial component, and so the cycle continu

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

Following aspects would a

es.

For most of us however, scrap gold refers to the pieces of broken charms, earrings, coins, rings etc., that are lying at the back of a drawer, to

dd to the challenges in developing combination products:

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

o good to throw out, but broken and unwearable. In any condition, these pieces can be refined once sold to any number of the scrap gold buyers that ar

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

e actively dealing in it. Dental gold fillings, bridges, inlays and crowns are also finding their way on to the scrap gold market. After all, why leav

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

e them to your dentist, you may as well benefit by selling them for a substantial amount of money; after all, you would have initially paid dearly for

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

them, I'm sure.

The good dealers will weigh your scrap gold for you, test it for its purity, and then give you a free appraisal. If they won't do al

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

Professional from academic institutions, pharmaceutical industries, health care indust

l these things, then find a scrap gold buyer that will. There are plenty of links for scrap gold that you can visit on the Internet, to get a better i

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

dea on how the system works. Some will even send you the prepaid envelopes for you to send your scrap gold in for them to value. It is surprising what

.

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

we can find after a lifetime of collecting and hoarding, and it is nice to know that these broken chains and earrings, no longer worn cuff links, etc

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

Companies that provide selfless information through particip

., are able to be sold and later become useful again. The funds obtained this way, can then finance a new purchase of something precious, just for you

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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