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Main Subject - Why The Debt Monster Will Gobble You Up
Looked at overall, and in relationship to other (what we might call) “financial” topics debt and being in debt represents something of a conundrum.
Whil
Whil
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
st no ordinary person would expect (or want) to understand merchant banking, stock broking or dealing on foreign exchange markets, debt is a remarkably s
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
imple thing that we all understand.
Banking, broking and trading are all generally outside the understanding of “normal” people (and probably their inte
Banking, broking and trading are all generally outside the understanding of “normal” people (and probably their inte
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
rest also) but dealing with debt is all too real for far too many of them.
Astonishingly, there are no complicated secrets to understanding debt or actu
Astonishingly, there are no complicated secrets to understanding debt or actu
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
ally being in debt. Nor, unfortunately, are there any easy solutions, either.
The bottom line is that, whilst there are many avenues through which you c
The bottom line is that, whilst there are many avenues through which you c
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
an seek assistance to deal with a debt situation, it is only you that can actually sort everything out when you are in a personal debt scenario.
Debt is
Debt is
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
also a malevolent wee beastie!
It doesn’t swagger belligerently up to your front door in broad daylight, announcing it’s presence at the top of its voi
It doesn’t swagger belligerently up to your front door in broad daylight, announcing it’s presence at the top of its voi
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
ce to one and all.
No, it creeps into your life totally unannounced through that slightly ajar bathroom window in the middle of the night.
Debt is the
No, it creeps into your life totally unannounced through that slightly ajar bathroom window in the middle of the night.
Debt is the
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
proverbial thief in the night, and attacks you when you least expect it.
Nor does it take a foolish or reckless person on a crazy spending binge to crea
Nor does it take a foolish or reckless person on a crazy spending binge to crea
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
te a situation of being in debt.
All you have to do is to spend one penny more than you bring in consistently over a long period of time, and there you
All you have to do is to spend one penny more than you bring in consistently over a long period of time, and there you
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
are!
Now, leaving aside the fact that there are hundreds of factors to consider when dealing with an individual debt problem in the real world, in theor
Now, leaving aside the fact that there are hundreds of factors to consider when dealing with an individual debt problem in the real world, in theor
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
y, getting out of debt and staying out is actually relatively straightforward.
It all comes down to reversing the trend or the actions that got you into
It all comes down to reversing the trend or the actions that got you into
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
the debt situation in the first place, by spending less money than you make, on a consistent, long-term daily basis.
That's it.
Bottom line is that th
That's it.
Bottom line is that th
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
ere is no other way to avoid getting into or being in debt.
Earn two, spend one, you’re in clover.
Earn one, spend two, you’re deep in the mire.
Sound
Earn two, spend one, you’re in clover.
Earn one, spend two, you’re deep in the mire.
Sound
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
s easy, right?
Well, yes, obviously but just because it sounds easy doesn’t make it so!
And the reason it is hard, hard, hard to actually avoid being i
Well, yes, obviously but just because it sounds easy doesn’t make it so!
And the reason it is hard, hard, hard to actually avoid being i
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
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
n debt is simply that we are human beings living in the world we live in.
An ever more expensive world of rampant consumerism, a less caring world of ev
An ever more expensive world of rampant consumerism, a less caring world of ev
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
er heightened capital expectations. Everything costs more every day, and we don’t always have enough money available at the right time to buy what we nee
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
d.
Add to that the fact that modern man (or woman) is ever more impatient – I want it, and I want it NOW – and less able to differentiate between want a
Add to that the fact that modern man (or woman) is ever more impatient – I want it, and I want it NOW – and less able to differentiate between want a
.
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
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
nd need, and you have all the ingredients for the most potentially devastating debt time bomb that mankind has ever seen.
It can require incredible long
It can require incredible long
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
term will power and self denial to avoid the debt monster, and who amongst us can truly say that we are real masters of our own destiny in this respect?
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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