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You are here: Home > Reference and Education > Reference and Education > Are You Wasting or Investing Your Time? |
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Suggest - Are You Wasting or Investing Your Time?
Our elders have taught us that the time is the most important thing in the life of a human be 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 ing. The time spent wasted would never come back. One who doesn’t care for the time and don’t ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in understand its value is tend to lose the battle of life. We should make the best use of the lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. ime available to us. Most of us waste our time in the plans for making money quickly or find here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe ing ways to lead a better life. Many of us in virtue of these worries forget about the time t d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro live our life in which is the most important thing. You can buy products with money but not 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 time. I must rather say the word “investment” as time is the biggest investment we make in 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 y deed. It depends on us whether we make the right investment or the bad one. Most of the tim nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically e we are aware of our investment that it is right or not but still makes it. One who realizes 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 the importance of time would realize the importance of life. Nowadays it has become a trend ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi to waste time in surfing internet or watching useless television channels without any purpose ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a thus wasting time and money. Sometimes we even sacrifice the time of our sleep for these use dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod ess activities. Consuming excess of coffee or smoking cigarettes doesn’t mean that you can co cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin mpromise for the time you didn’t slept. You must schedule your routine so that you don’t wast tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen time in useless activities. Persons who wait for the time to come, such as waiting for holi 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 days or counting office hours are the people who usually waste their time. One would never fe ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust l tired or sleepy if all his or her activities are organized and he or she doesn’t waste thei y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products r valuable time. Choose the activities that are useful and motivates you to do work. As 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 omans have said “carpe diem” that means to live the day and organize activities to live a gre elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip at life. You never know the future so it’s better to live in today and utilize the most of it 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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