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Most independent pet stores in the United States don’t offer services 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

o their customers. These services could include grooming, dog training,

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

Examples of combination products may in

aquarium maintenance (personal / commercial), and delivery to name a f

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

w. Besides delivery, the other services can produce a high gross profi

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

t margin for your pet store.

Grooming can be expensive to initially se

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

Combination pro

t up and takes lot of space; if dogs are placed in cages after they are

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

groomed. You could reduce the cost by offering to do a few dogs or bett

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

er yet at the home where the dog stays.

Training is profitable. You ne

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

ed space set aside for training. This space can be used for special eve

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

ts to make the most of this valuable real estate.

A pet store owner th

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

at I know would make more money with aquarium maintenance with commerci

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

Following aspects would a

al accounts than profit from the rest of the store. He would spend one

dd to the challenges in developing combination products:

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

ay a week just doing this. This day happen to be a slow day for his pet

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

store.

Having home delivery will help with large items such as large

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

aquariums, large doghouses, and stands for large aquariums. Many people

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

would prefer someone else handle this. This is mainly due to reduce the

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

Professional from academic institutions, pharmaceutical industries, health care indust

risk of damage or don’t have access to a large car / truck.

Having se

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

rvices in your pet store can be a huge profit maker. It is also a compe

.

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

itive advantage against much of your competition. In fact, this is one

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

Companies that provide selfless information through particip

of the best ways to compete against the Petsmart & Petco’s of the world

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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Acknowledge that no matter what you decide, you will get what you are committed to getting.

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