Advice Pool - Reference and Education

At one time a university degree offered a competitive advantage. Today it has almost become a necessity.

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

We need specialised knowledge and skills in order to survive and a university education provides the ba

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

Examples of combination products may in

sis.

A university degree is not a single product. There are numerous ways of classifying the degrees on

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

offer. The most common classification is based on the extent of study required to obtain the degree. Th

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

e simplest degree is the Associate Degree. Unfortunately it does not have much worth. All it says that y

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

Combination pro

ou did come here but did not get to first base. For all practical purposes the first base is the Bachelo

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

r's Degree, which signifies the completion of undergraduate studies. On completion of postgraduate studi

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

es the Master's Degree is awarded. Further studies and research results in the Doctorate Degree, which i

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

s commonly known as the Ph.D. Acquisition of this degree signifies that one has reached the cutting edge

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

of knowledge.

Another way of classifying a university degree is according the stream of knowledge. The

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

e are science degrees offered in subjects such as physics, chemistry and mathematics. Engineering degree

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

Following aspects would a

s are offered in electrical, civil, chemical and other disciplines of engineering. Arts degrees are offe

dd to the challenges in developing combination products:

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

red in music, religion, fashion design and a host of similar subjects. The social sciences degrees inclu

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

de political science, law and sociology. The list is virtually endless and includes information technolo

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

gy, business, healthcare and many more.

A recent classification is a campus degree versus an online deg

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

ree. A campus degree requires the students to attend classes on the university campus. For an online deg

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

Professional from academic institutions, pharmaceutical industries, health care indust

ree the student can study the course material obtained through the Internet at home. Though an online de

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

gree offers significant conveniences, a campus degree offers a richer educational experience. Live and c

.

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

ontinuous interaction with ones peers, on matter academic or otherwise, is an experience that cannot be

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

Companies that provide selfless information through particip

simulated.

Therefore if you want to be a part of the knowledge revolution a university degree is a must

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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Advice Pool - University Degree - A Must For The Knowledge Revolution

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