Advice Pool - Health and Fitness

It is common knowledge that there are many industries in the United States of Ameri

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

ca today have an intense labor shortage. Even worse in many of these industry ther

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

Examples of combination products may in

are not enough kids in school going after the correct college degrees to be able t

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

work in these industries. Even worse on top of that is the fact that over regulat

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

on in many industries is causing ongoing education requirements and making it tough

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

Combination pro

er for people to maintain licenses to even work in the industry.

One industry that

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

is under a huge labor shortage is the pharmacy business. Companies like Rite Aid a

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

d Eckerd Drugs have a really tough time securing people to work behind the counters

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

in the pharmacy. Now that Rite Aid and Eckerd Drugs have merged this might help th

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

e labor shortage temporarily, however meanwhile Wal-Mart has entered the market in

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

big way. This means the labor shortage will most likely continue.

The question is

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

Following aspects would a

are there too many drugs on the market for the pharmacy professionals to stay up o

dd to the challenges in developing combination products:

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

all the information or are the requirements now to get into the industry too tough

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

and college students are shying away from that career path? We need more pharmacy

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

rofessionals and we need them yesterday. As the number of people and ratio of "old

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

o young" in our nation climbs we will also see the labor shortages become more crit

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

Professional from academic institutions, pharmaceutical industries, health care indust

cal.

The Merger Between Eckerd Drug and Rite Aid may have helped a little but not

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

much since very few stores will be actually closing unless they were across the str

.

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

et from each other and we know Wal-Mart will be picking up the slack if any custome

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

Companies that provide selfless information through particip

s end up switching and they will be on the market for 1,000s of new pharmacists too

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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