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I have a friend who’s a frequent traveler who’s most of the time always out of the United States. While he’s always traveli

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

ng, his purchases done in other countries are done over his credit cards. He prefers using his frequent traveler credit car

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

Examples of combination products may in

in buying his plane tickets as these that allow him to accumulate travel air miles. Whenever he buys plane tickets, can al

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

ways redeem his accumulated travel miles to avail of discounts on his plane ticket or if he has accumulated a lot of air mi

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

es already, he can use them in buying his plane tickets alone. He does have other credit cards that were offered to him fro

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

Combination pro

m US merchant stores. The only problem he has is as he’s always out in other countries, while he’s able to use these credit

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

cards, he may not be able to always to use his accumulated points from those merchant sponsored credit cards because he sel

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

dom goes to those stores anymore. In availing of credit card points other than air miles, are there other ways of redeeming

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

them assuming that an individual may not be around all the time to shop back in the locally based stores that co-sponsored

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

those credit cards?

The answer is yes. While an individual may be out of the country on business or leisure, the advantage

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

provided by the internet has allowed consumers all around the world with much flexibility and benefits. Accumulated rewards

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

Following aspects would a

points from credit cards offered by major US based merchant stores can also be redeemed online whenever he may make purchas

dd to the challenges in developing combination products:

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

es over the internet. A person making a book purchase online using his credit card sold to him also by the same online book

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

retailer he’s buying the book purchase right now for example may redeem his rewards points in the form of redeemable gift c

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

hecks that he can later use to buy other books and have them sent over to his house in the US or send as a gift to friends

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

r loved ones.

In order determine the number of points a person has accumulated from his purchases from his credit cards th

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

Professional from academic institutions, pharmaceutical industries, health care indust

at he can later on redeem for new gift items, appliances or even equivalent travel air miles, these can also be tracked and

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

checked from the credit card companies’ websites. Credit card companies have their own hotline numbers for inquiries on red

.

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

eemable rewards also. It’s important to know the equivalent number of points that will be needed to redeem the equivalent i

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

Companies that provide selfless information through particip

ems so that the credit card user may maximize the benefits and rewards that his credit can offer him on a longer-term basis

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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