Business Dump - Travel and Leisure

Macau is a small peninsula region in China, southwest of Hong Kong. There are scheduled boat charters to and from Macau and Hong Kong throughout the day. It is an

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

easy day trip from one place to the other. If you are planning a trip to Hong Kong, you should strongly consider spending a little time in Macau as well.

The to

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

Examples of combination products may in

al population of Macau is close to half a million people. Most of the residents are of Chinese origin from various Chinese provinces. The remaining population (ap

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

roximately 5%) are of Portuguese and European ancestry. Macau used to be a colony of Portugal before it was returned to Chinese control in the late 1990’s. In cas

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

you were wondering, Macau is sometimes referred to as ‘Macao’, due to the Portuguese history of the area. The official languages are Chinese and Portuguese, with

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

Combination pro

Cantonese being the most widely used. English is mainly used for tourism and business.

The many attractions in Macau make it well worth a visit. Because of the P

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

ortuguese establishment, there are old fortresses, churches, temples and gardens to tour. There are over a dozen museums to see, including the Museum of Macau, th

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

Maritime Museum, the Wine Museum, the Grand Prix Museum, and the Handover Gifts Museum. Every year, around November, there are the Macau Grand Prix car and motor

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

ycle races. The Macau Tower, at 338m tall, is definitely worth a visit. Throughout the year there are many other events and festivals that you may be able to take

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

part in. Walking tours and shopping opportunities also abound. Aside from many new casinos being built, you might want to try your luck at some of the older casin

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

s, or even at the horse racing and greyhound racing tracks.

There is much development underway in Macau, and this development will soon bring even more visitors.

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

Following aspects would a

Many hotels, casinos, resorts and convention centers are currently being built, with the first ones scheduled to open in 2006 and 2007. Some of the development i

dd to the challenges in developing combination products:

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

occurring on the Cotai Strip, which is reclaimed land between two islands of Macau called Coloane and Taipa. The spelling of ‘Cotai’ comes from the names of thes

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

two islands. These developments are being planned by combinations of world class hotel chains and major Las Vegas casinos, so they are bound to be impressive. Th

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

goal of the developers is to turn Macau into an international destination for resorts and casinos, and you often hear the term ‘Asia’s Las Vegas’. Up to six bill

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

on dollars is being spent on these developments, with 10,000 hotel rooms in the initial phase, and expansion to 60,000 rooms in the third phase. Gambling in Macau

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

Professional from academic institutions, pharmaceutical industries, health care indust

will be a major attraction in the years to come.

If you spend some time travelling around Macau, you will likely travel across the bridges on the peninsula. The

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

names of two of the bridges are Nobre de Carvalho (the Friendship Bridge) and Sai Van Bridge. The Friendship Bridge is the longest one and goes directly to the Ma

.

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

au International Airport. Yes, you can fly directly into Macau! The airport is situated on the Island of Taipa.

In closing, if you are interested in experiencing

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

Companies that provide selfless information through particip

a blend of two cultures over a small area, with loads of unique touring opportunities and attractions, then Macau and the Cotai strip should be your next vacation

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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