| Top Articles |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Business > Careers Employment > Seniors Rejoice At New Anti Agism Law - Employers Beware Of Age Discrimination At Work |
|
Top Articles - Seniors Rejoice At New Anti Agism Law - Employers Beware Of Age Discrimination At Work
Good news for all those senior baby boomers out there or anyone else of senior 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 ity living in the UK. You may or may not be aware, but on Sunday 1st October 2 ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in 006 an important change in UK employment law come into effect. The new legisla lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. ion will offer hope to anybody who has felt they’ve been discriminated a here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe gainst in belief that they are too old to continue working. It is hoped that t d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro is new law will promote ageism to be as serious and as unacceptable as racism 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 or sexism. So what does this all mean? Well, one of the biggest changes to be 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 implemented is employers will no longer be able to force compulsory retiremen nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically before an employee reaches 65. Before October 1st it was quite common for emp 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 loyers to set there basic retirement age at 60, but not anymore… Howeve ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi , it’s unclear as yet whether the compulsory retirement age of 65 will r ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a emain or perhaps be scrapped altogether. Unfortunately, we won’t find th dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod is out until 2011 when a formal review will take place. Due to the ever light cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin y pension crisis facing many people living in the UK, the ability to work unti tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen l 65 now offers some rest bite at least. That’s not to say working that 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 ong is a good thing, as given the choice I’m sure most people would like ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust to take earlier retirement, but at least seniors can no longer be discriminat y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products ed against for working longer if they so choose. While it’s commonly th . 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 ught the new ageism legislation will make a difference, it’s a shame mor elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip e wasn’t done by removing the compulsory retirement age of 65 altogether tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:So You've Invented Something, Now What?
|