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Just Other Articles - Vocabulary of Consignment Thrift Shops
Before sticking your head into one of the many consignment thrift shops around, there are some words and phrases t
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
hat can be good to have defined. Many times people are confused by terms such as consignment, thrift and resale. W
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
hat is the difference. Lets take a look at that.
One could argue that all shops that sell more or less used consu
One could argue that all shops that sell more or less used consu
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
er goods are resale shops, but it is possible to clarify the distinctions here. A thrift shop is owned by a not fo
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
r profit organisation. A consignment shop takes your merchandise and when it is sold you receive usually between 4
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
-60% of the sales price. The so called resale shops on the other hand often buy the goods straight up front from t
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
he original owner, then sell it.
Lets look at some more terminology that will most likely prove itself useful whe
Lets look at some more terminology that will most likely prove itself useful whe
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
n you enter consignment and thrift shops.
A closeout means liquidated merchandise that the wholeseller is no long
A closeout means liquidated merchandise that the wholeseller is no long
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
manufacturing and therefore is interested in selling for a smaller sum of money.
When you see something that says
When you see something that says
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
discountinued items it refers to stuff that will no longer be manufactured and is sold for a lower price to creat
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
room for a new line of products.
Off-brand is another term that might show up in some consigment thrift shops. T
Off-brand is another term that might show up in some consigment thrift shops. T
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
his refers to brands that you usually do not recognize, as opposed to Levis or Ralph Lauren. It is most of the tim
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
e a copy or a cheaper quality.
When irregular clothing is mentioned in the consignment thrift shops this refers t
When irregular clothing is mentioned in the consignment thrift shops this refers t
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
clothing that might have a small flaw in the buttons, seams or in the fabric. A lot of the time the flaws are so
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
small and practically invisible that you can get really good deals when you are thrifting for irregular name brand
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
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
clothing.
When something has been cleaned up or reupholstered there is also a range of terms for this. Refinished
When something has been cleaned up or reupholstered there is also a range of terms for this. Refinished
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
usually applies to wood and furniture, refurbished and reconditioned usually goes for automobiles.
On a final no
On a final no
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
te, when you head into a consignment thrift shop make sure to keep an eye out for the quality of materials and wor
.
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
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
manship. It also helps to have an idea of what the regular retail price is for the item you are interested in. Kno
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
w the policies of the resale store you are in and inspect anything you are going to buy carefully before buying 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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