Just Other Articles

There are a great number of reasons why Construction Association membership is an advantage

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

to contractors and subcontractors. Not all associations offer the same benefits, but rest a

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

Examples of combination products may in

ssured – construction associations all offer some huge advantages to the construction indust

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

ry.

The benefits that we have identified below are in no particular order:

Membership D

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

irectory and Buyers Guide - Most associations publish a new membership directory for d

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

Combination pro

istribution each year.

Plan Room - Plan rooms are an integral part of the construct

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

ion association for subtrade take-off.

Technical Services - Associations have highl

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 qualified staff members prepared to meet members’ needs for faxing, printing and computers

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

.

Contract Documents - Contract documents and information are available at construc

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

tion associations at discounted prices.

Library - Construction related publications

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

are available for viewing.

Lobbying - As a member you have representation on impor

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

Following aspects would a

tant issues at the local, provincial or state and national level.

Group Insurance Plan
dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod
b> - You may be eligible for group insurance coverage.

Mediation and Arbitration -
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Many associations will arrange mediation or arbitration services upon your request.

Mee
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
ting Room and Educational Services - Most associations offer the use of their meeting r
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
ooms. They also run industry pertinent courses throughout the year.

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

Professional from academic institutions, pharmaceutical industries, health care indust
This opportunity to mingle and network can prove invaluable.

As we noted earlier, these a
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
re just a few of the benefits to membership in your local construction association. Check o
.

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
ut your local association and find out how membership can add credence to your professionali
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip
sm.

For a more comprehensive version of this article, check out the link in our bio section

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

Tags

Links

Just Other Articles - Construction Associations - Top Ten Benefits to Membership

Related Articles: