Top Articles
#1 in Business Subscribe Email Print

You are here: Home > Legal > Regulatory Compliance > Business Case Study; What Causes Over-regulation?

Tags

  • combination
  • might
  • companies
  • developing combination
  • developing combination

  • Links

  • Europe - Places to Meet Pure Bred Aristocracy and Royalty
  • Real Estate Investing
  • TB Outbreak on Aircraft Carrier
  • Top Articles - Business Case Study; What Causes Over-regulation?

    Have you ever considered what causes the government to make more laws and rules which
    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
    impact business? Most of these rules and regulations cost the consumer more money be
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    cause it costs money to companies to follow access rules and they pass these costs on
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    to the consumer.

    It is interesting because the government regulatory bodies promised
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    hat they are making the rules to protect the consumer and yet all they do is raise pri
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    ces. As a consumer I do not feel protected by having to pay higher prices; how about
    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
    you?

    When we see a business or corporation breaking the law we may realize that such
    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
    buse might lead to further regulations. Alan Greenspan the former Fed Chairman stated
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    the problem with making a new regulation is that once you make it the temptation to m
    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
    ake more regulations on top of it is just too great for the government. This is true.
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

    Eventually we have found that our government controls nearly every aspect of our dail
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    y lives and this is why industries need to watch themselves and to be a little more di
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    ligent in self-policing. Of course if you consider that a corporation might be breakin
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    g a law you also need to ask yourself why is that law in existence in the first place
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    nd if the company simply did not fill out a form or follow some silly rule, which prot
    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
    ects no consumer or no free man, then are they really hurting the consumer or testing
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    the government regulators ability to enforce BS rules?

    Well, It is a push pull and re
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    lly those who are really running things, like it that way. More rules help them rule o
    .

    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
    ver the competition and no rules can allow them to get way with murder and abuse the s
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    ystem. Adam Smith was right, but then again so was Ayn Rand. Consider all this in 2006


    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):
    <a href="http://www.toparticles.org.ua/article/131284/toparticles-Business-Case-Study-What-Causes-Overregulation.html">Business Case Study; What Causes Over-regulation?</a>

    BB link (for phorums):
    [url=http://www.toparticles.org.ua/article/131284/toparticles-Business-Case-Study-What-Causes-Overregulation.html]Business Case Study; What Causes Over-regulation?[/url]

    Related Articles:

    Why Logo Is That Important

    It's Time To Step Up To The Plate, The World Needs Us, Printing, Promotional Products What's Up!

    Which Type Of Web Hosting Should You Choose?

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com