Advice Pool - Reference and Education

Farm Credit Services of Mid-America (FCS) is giving away $100,000 in scholarships that will be made a

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

vailable to students enrolled in agricultural and business programs within its four state territory.

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

Examples of combination products may in

FCS is an $11 billion lending cooperative and serves farmers in Kentucky, Ohio, Indiana, and Tennesse

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

e. Every year the cooperative offers $100,000 in scholarships to deserving students enabling them to

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

ursue an education in finance, or an agriculture-related field of study.

The Scholarships they of

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

Combination pro

fer are

1 University Scholarship Program: Scholarships are provided to agriculture-related univ

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

rsities in Kentucky, Ohio, Indiana, and Tennessee. The universities determine the deadline for subm

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

itting applications as well as the amount and payment schedule.

2 4-H / FFA Scholarship Program: 8

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

cholarships awarded to state FFA and 4-H programs in Indiana, Kentucky, Ohio and Tennessee.

3 Farm

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

Credit Scholarship Program: 18 scholarships for $2,000 each awarded to customer-members of Farm Credi

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

, or children of customer-members.

Eligibility

In order to qualify candidates must



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

Following aspects would a

Have a good academic record, possess leadership qualities, and must be involved with the communi

dd to the challenges in developing combination products:

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

y,

 Be a college freshman, sophomore, junior or senior or a graduating high schoo

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

l senior,

 Be enrolled in the College of Agriculture or College of Business,

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

>  Have a cumulative grand point average of 3.0 or higher,

 Have an ag

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

ricultural background or agriculture related work experience,

 Be a member or a c

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

Professional from academic institutions, pharmaceutical industries, health care indust

ild of a member of Farm Credit Services of Mid-America.

Employees or children of employees

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

are not eligible to apply.

Interested candidates are required to submit an essay on how they plan to

.

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

use their major in their chosen career and present their bio information at an FCS Customer Appreciat

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

Companies that provide selfless information through particip

ion Event.

For more information about the FCS Scholarship Program, please visit www.e-farmcredit.com

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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