Business Dump - Home Improvement

TV technology is moving incredibly fast and the pace is hottest with LCD and Plasma TVs. Last year's models will be outpe

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

rformed by the new season's products for sure.

Even better LCD and Plasma TVs are getting slimmer, more elegant and 'roo

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

Examples of combination products may in

m friendly' all the time. The beauty of flat panel TVs is that they take relatively little space, look great and make for

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

a great home theater system.

Until recently, a Plasma was the only sensible large, flat panel TV choice, but LCD TVs ar

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

now available all the way up to 50 inch sizes. At that size they are more expensive than an equivalent size Plasma TVs,

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

Combination pro

but the gap is closing fast. For smaller sizes up to 32 inches, an LCD TV is the most common flat screen TV choice.

B

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

uyers Tip No 1. Make sure you know the size you want and that it fits in your room. Measure up the space where your L

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

CD and Plasma TVs will go - on top of a cabinet or hanging on a wall. The reason for this step? When you get to the mall

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

nd see the largest screen you're going to go "Wow I want that!"

Buyers Tip No 2. Know your budget and stick to it

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

. No doubt about it, LCD and Plasma TVs are sexy, especially when you see one showing one of your favorite movies. This m

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

eans it's very easy to get carried away, spend too much and end up regretting your purchase as you pay it off, when you s

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

Following aspects would a

hould be enjoying your new Plasma or LCD TV.

Buyers Tip No 3. Be patient and shop around - time is on your side.

dd to the challenges in developing combination products:

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

ecause the technology is evolving so quickly, prices drop noticeably every month and the products are getting better. Wai

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

t a little longer and the price for the Plasma or LCD TV you want will drop into your budget range.

Buyers Tip No 4.<

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

/b> Write down the features you want in a checklist. For example High Definition TV (HDTV) is now common, so you'll proba

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

bly want that. Many Plasmas and almost all LCD TVs are now High Definition ready. List your key features in a table forma

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

Professional from academic institutions, pharmaceutical industries, health care indust

and use it to compare and check off the features of each model on your shopping list.

Buyers Tip No 5. At the en

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

d of the day, just trust your own eyes (and ears). After you've set your budget, worked out what size and features you wa

.

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

nt and compared the TVs in your price range, how do you make your choice? The answer is simple - buy the LCD or Plasma TV

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

Companies that provide selfless information through particip

that you like the best. The best picture (and best sound) at the end of the day is the one you like best.

Good shopping

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

Tags

Links

Business Dump - LCD TV or Plasma TV? 5 Tips to Help You Get the Best Buy

Related Articles: