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Business Dump - The Grass is always Greener
In the words of Kermit the Frog, being green isn’t easy.
And he has a point.
When it comes to the environment, most of us want to do our b
And he has a point.
When it comes to the environment, most of us want to do our b
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
it and know that somewhere down the line we’re going to run into trouble if we don’t. We do our best to switch lights off and recycle plast
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
ic bags, be economical with paper and use environmentally friendly cleaning products.
The trouble is that more often than not, being green
The trouble is that more often than not, being green
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
nvolves extra effort, compromise and something else to remember. And in the hustle and bustle of everyday life, regardless of how good our
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
intentions are, convenience, comfort and things that will save work rather than create it usually win the day.
It doesn’t help matters that
It doesn’t help matters that
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
green acts don’t reap visible or immediate rewards. We’re not going to be paid, praised or promoted for having a shower rather than a bath
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 for composting our potato peelings and banana skins. The rewards of being green are intangible; it’s all about the feel-good factor and
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
nowing you’re doing what you can to protect the future. Which is incentive enough for some but not, on a sustained basis, for most.
Ultima
Ultima
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
tely when it comes to the environment, everyone has to find their own, sustainable way of chipping in. One of the most effective approaches
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
to being green is to get into good habits with small things like turning the tap off while we’re brushing our teeth, printing only the e-mai
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
ls that we really need to and buying energy-efficient light bulbs. None of these involve major self-sacrifice or lifestyle changes and they
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
can be easily incorporated into our daily routines. And once we’ve done them enough times, they become second-nature and without thinking
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
we’re ticking a few green boxes.
Of course there are plenty of people who have the time and inclination to go the extra green mile and ther
Of course there are plenty of people who have the time and inclination to go the extra green mile and ther
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
e are an infinite number of things they can do. Promoting and getting involved in car-sharing networks and speaking up in favour of environ
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
ental initiatives are just two examples.
Now is the perfect time to green up our acts. Green is in and it’s being leveraged left, right an
Now is the perfect time to green up our acts. Green is in and it’s being leveraged left, right an
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
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
d centre at all levels of society. Politicians are making carbon emissions a cornerstone of their manifestos, newspapers are packing their
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
pages with green issues and supermarkets are making it easier for us to do our bit by introducing recycled packaging and recyclable plastic
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
bags. We are all learning a new greenspeak and phrases like ‘carbon footprint’, ‘carbon neutral’ and ‘carbon offset’ rolling off our tongue
.
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
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
Needless to say however, it remains to be seen whether words translate into actions and green is more than just the latest talking point.
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
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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