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Advice Pool - iPod Shortages During Holidays
Even though the holiday season is still a little ways off, retailers ar 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 e already reporting that shortages of Apple’s uber popular iPod mp3 pla ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in yer are very likely. As has been a problem with iPod’s, especially with lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. the popular iPod Nano being released and the video enabled iPod hittin here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe shelves, is that there simply aren’t enough of them. Apple can’t make d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro them fast enough to meet the ridiculously high demand. As Businessweek 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 reports, “"All iPods are in very tight supply, and Apple isn't filling 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 100% of its orders from us by any means," says Charlie Tebele, presiden nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically t of Manhattan-based RCS Experience. And Crutchfield's Anderson says Ap 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 ple typically ships less than 30% of what the retailer requests each we ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi k. The Charlottesville (Va.)-based company put in an order for $3 milli ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a on worth of iPod nanos after the product was released, and the order st dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod ill hasn't been nearly filled. It currently has $4 million of all iPod cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin models on order.” The question of where there will be shortages isn’t tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen eally a question at all, predict most analysts. Shortages are practical 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 ly guaranteed. The only question at this point is how bad the shortages ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust will be. No one knows how many stores will sell out and have barren sh y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products lves when shoppers walk in looking for an iPod to buy as a gift for the . 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 holidays. Needless to say, it would be well advised to head out and bu elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip y that gift as soon as possible rather than wait until the holiday rush 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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