Business Dump - Travel and Leisure

Traveling from Newark International Airport in the near future? You’re not alone. In 2005, near

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

ly 33 million passengers traveled from Newark International. That’s about 90 thousand people a

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

Examples of combination products may in

ay. According to Newark International statistics, over 400 thousand planes either departed or ar

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

ived at Newark in 2005. With this much traffic, airport parking is at a premium.

The airport p

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

rovides over 17,000 public parking spaces, in the short-term, daily and economy/long-term lots l

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

Combination pro

cated around the airport. Newark International have two economy long-term parking lots located

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

orth of the airport. Parking lots P6 and P7 offer long term parking at a rate of about $15 a da

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

y. The economy lots are the cheapest on-airport parking option for stays over 3 hours, but you

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

eed to add extra transfer time for the bus journey to the terminals. The total travel time from

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

he economy lots to terminals is approximately 20 minutes depending on traffic.

However, a numbe

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

of privately operated airport parking facilities are available for use.

A.B.C. Airport Parking

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

Following aspects would a

is one of the least expensive parking options for Newark International offering daily rates sta

dd to the challenges in developing combination products:

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

ting at $9 per day.

Vista Airport Valet Parking is another privately owned facility offering ad

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

ertised rates starting at $11 per day. Vista prides itself with premier customer service with l

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

uggage assistances and free airport transportation from the parking lot to the terminal.

Corpor

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

te Airport Parking is another parking option when traveling from Newark International. Corporat

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

Professional from academic institutions, pharmaceutical industries, health care indust

Airport Parking offers both indoor & outdoor parking spaces and a number of other services incl

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

uding car care services, drop-off & pick-up from the terminals and 24 hour security.

As you can

.

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

see, your parking options for Newark International are numerous. Whether your traveling for 3 d

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

Companies that provide selfless information through particip

ys or 3 weeks, you should have no trouble finding long-term parking solutions to meet your needs

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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