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Have you visited the mall this month? Certainly you have. This is the time of year we all flock to the mall in droves to catch all the bargains t

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

hat retailers have to offer. The reason of course is to find those perfect gifts. Many of us spent more this year than we can really afford … aga

; 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. It is perfectly acceptable to do this. After all, we used our credit cards, and we just need to pay back a small amount every month for just

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

few more months.

We have been programmed to think this way. Buy it now, pay it back later. Yet when the credit card statements arrive over the

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

next few months, many people will find that they once again over extended their budgets. Many still have not fully paid off their debts from last

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

Combination pro

ear’s shopping season.

It is easy to do, because credit is too easy to obtain. Then we are constantly bombarded with advertisements to make us be

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

lieve our lives would be better off paying for everything using plastic. There is now a television commercial that makes a cash-paying customer lo

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

k foolish. Admittedly, this commercial is for a debit card. But the message is there; use your card. When using plastic, we don’t feel as if we

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

are actually spending money.

Credit card use can quickly turn into credit card abuse. This is especially true during the holiday shopping season.

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

Reality sets in when the statements arrive. For too may people, the total balance reflects much more than the latest shopping spree. It reflects

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

our purchases from the past six months or a year. The summer vacation is still not paid for, as well as last month’s trip to the grocery store.

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

Following aspects would a

When the credit card balances become out of control, the consumer begins to search for their best debt relief. Instead of a consolidation program

dd to the challenges in developing combination products:

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

r refinancing their house, once again, consumers are now turning to debt elimination. A true elimination program will allow people to legally walk

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

away from 100% of that debt, without bankruptcy, consolidation, or refinancing.

Given the fact that bankruptcy may no longer be an option, consum

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

rs and small business owners are now finding this type of debt relief more suitable to their needs. They are also finding their credit scores are

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

higher after completing this process. It is truly the alternative to bankruptcy, credit counseling, and debt consolidation. The program is applic

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

Professional from academic institutions, pharmaceutical industries, health care indust

ble to all major credit cards and unsecured signature loans.

Jim Vrana of The True Debt Advisor (http://www.TrueDebtAdvisor.com) states, “People n

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

eed to understand that they should be responsible with their cards. Credit cards are a great convenience, but you must have the ability to pay for

.

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

the items you buy. If you can’t afford something now, don’t buy it now.” He adds, “When the burden becomes too overwhelming, the debt elimination

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

Companies that provide selfless information through particip

program is giving people a fresh start on their financial lives. A ‘do-over’ you might call it. Without the credit-sting or shame of bankruptcy.

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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When young children misbehave, many parents, teachers and caregivers insist on a time-out. Think how much better your workplace would be if you initiated the same approach. No, not for your boss or coworkers, but for yourself.

Going head on to make the sale rarely works. If you work with the potentail customer to fill in their business gaps, you will be far more successful. This article talks about how to be a consultant to the client rather than just a sales person.

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