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First

Why use your business’s cash when you don’t have to. Cash is valuable, the less

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

you can use the more profitable your business will be. The concept is simple it is the time va

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

Examples of combination products may in

lue of money. You have heard of it. Well, that is why you should lease all your equipment. U

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

se your cash for more important things.

Second

Protection against obsolesce. When 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

term of the lease runs out you turn in your equipment and get a new lease for updated equipmen

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

Combination pro

t. Your competitors have the new technology. You need to stay ahead and have it also.

Thi

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

rd

Tax Advantages. Depending on the way that your lease is structured, it may be possible

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

to deduct all of your payments as a business expense. This type of lease will have no effect

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

on your debt–to–equity ratio, since this is not a debt.

Fourth

It is fast and easy. U

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

sually it is only a one page application to get you started and on your way.

Fifth

Str

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

etch your buying power by buying more equipment with less cash outlay. By having this new equi

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

Following aspects would a

pment, it will allow you to do more business and become more profitable.

Sixth

A fixed

dd to the challenges in developing combination products:

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

rate on a lease makes your business equipment expenses predictable. During times of increasin

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

g interest rates you will have peace of mind!

Secret

If you have equipment which is fu

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

lly paid for and has a current value, there are ways to get you cash for that equipment and thi

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

s cash can be used for anything! And that is a good thing! You can get the working capital yo

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

Professional from academic institutions, pharmaceutical industries, health care indust

u have been looking for, but didn’t know how to get it!

You should get started today and lease

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

all business equipment from now on!

Your best bet is to speak with a knowledgeable Equipment

.

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

Lease Advisor who will answer all your questions and steer you in the right direction.

Hope yo

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

Companies that provide selfless information through particip

u enjoyed reading this article,

BRT Financial, Inc.

The Equipment Lease Advisors

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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