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Fractional Ownership - currently the hottest buzz word on everyone's lips. Thi

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

s new asset sharing concept has recently caught the attention of a great amoun

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

Examples of combination products may in

of affluent holiday makers in South Africa. Holiday makers who have always wa

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

ted to invest in leisure property now have the perfect opportunity, not only i

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

it a smart financial move but the management and maintenance is no longer a h

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

Combination pro

assle.

The overall growth in leisure property has been so substantial over th

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

past 5 years that it has virtually made it impossible for the average househo

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

d to own property on a holiday resort. Fractional Ownership enables the averag

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

household to own a share of their dream holiday home at a fraction of the pri

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

ce. Everyone wants to enjoy the benefit of property ownership,especially in th

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

s favourable period of capital growth in the property market.

Since June 2007

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

Following aspects would a

over 40 intermediaries have applied for membership with SAAFI (The South Afric

dd to the challenges in developing combination products:

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

n Association of Fractional Ownership), a regulatory body that was established

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

with the objective to protect the interests of the general public. This is no

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

supprising when taking into account that a foreign family can now enjoy prope

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

ty ownership in South Africa and utilise their investment 4 weeks per year, wh

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

Professional from academic institutions, pharmaceutical industries, health care indust

knows how many foreigners will find this joint ownership model attractive upo

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

n their visit to South Africa during the 2010 FIFA World Cup Tournament.

Frac

.

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

ional Ownership is currently the world's fastest growing property sector and h

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

Companies that provide selfless information through particip

s grown by more than 150%,year on year for the last 3 years in the U.S.A alone

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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Have money! Will fly! Those of us bitten by the travel bug can use a travel rewards credit card to make all those plans come true. The reputed ones usually have tie-ups with airlines and hotels.

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