Advice Pool - Health and Fitness

Plastic surgery has always had a stigmatic association with upper-class wealth and excess. We typically see and read about rich women and c

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

elebrities with easy lives making changes to their already gorgeous bodies, but rarely ever hear of a normal woman having cosmetic surgery.

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

Examples of combination products may in

Many women today secretly desire a better physique, but few consider plastic surgery a realistic option because they assume the procedures

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

are too expensive for them to afford.

Let’s take a look at the most recent cost statistics from the American Society of Plastic Surgery (A

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

PS)*.

On the short list of the most popular surgical cosmetic procedures for women in 2005 were breast augmentation, breast lifts, liposuc

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

Combination pro

tion, eyelid lifts (blepharoplasty), tummy tuck (abdominoplasty), nose-reshaping (rhinoplasty) and facelifts and these are the average surg

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

ons’ fees:

· Breast augmentation - $3,406
· Breast lift - $3,573
· Liposuction - $2,323
· Eyelid lift - $2,534
·

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

Tummy tuck - $4,402
· Nose-reshaping - $3,511
· Facelift - $4,484

Note that they are only the average plastic surgeon

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

s fees and as with liposuction, only include one area of surgery. If you have liposuction on multiple areas of your body, the costs will in

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

crease. Other fees may, but not necessarily, include anesthesia, facility or surgical center fees and nursing fees. If the doctor owns his

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

wn surgical center, you may get a break on the facility fee as he probably will probably charge you less than if he also had to pay a hospi

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

Following aspects would a

al facility fee out of his pocket. Also, if he brings his own staff to a hospital, rather than using hospital staff, he can save a few doll

dd to the challenges in developing combination products:

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

ars there as well. Anesthesia can range from a small amount to a rather large amount, depending on the type of anesthesia you require and t

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

e length of time you require it. On average, facility fees range from $600-$900 an hour and anesthesia ranges from $250-$300 an hour.

The

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

good news is that most plastic surgeons accept financi

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

g through third-party financing companies that specialize in plastic surgery funding. Some of the most widely-used companies are Unicor

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

Professional from academic institutions, pharmaceutical industries, health care indust

n Financing, Medicard, Cosmetic Fee Plan, PFS Patient Finance and HealthOne. Most of these institutions offer low or no money down and/or 0

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

financing for periods up to twenty-four months. Other options for funding your plastic surgery procedure include a loan from your local ba

.

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

nk or credit union, using a flexible medical spending account through your employer or even using a credit card if the interest rate is low

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

Companies that provide selfless information through particip

enough and the rewards high enough to justify it.

*Statistics quoted are all from 2005, the most recent statistics available from the ASPS

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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Henry Ford knew a thing or two about inventions. Although he had very little formal education, there were those who called him a genius (they meant an invention genius). So there is a lot any inventor can learn from the life of Henry Ford that can end up being pretty useful, even today.

Why it's a good idea, and why you should consider taking out insurance for your pet.

During the past few weeks I did a lot of research on Email Management Services providers. I needed to find a solution to manage my email marketing efforts. So, like many people I went to the Google Search Engine and-

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