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Just Other Articles - Internet Banking - The Way Forward?
While internet banking has touched many of our lives in some form, there are many people who are still very wary of using online
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
banking facilities. There are many scare stories which persist with regards to online banking, some justified and some written f
; 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
om a biased view point. While internet banking is not perfect, neither is the traditional banking system in the UK.
So what are
So what are
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
the pros and cons of internet banking?
Depending on which side of the fence you are, many people seem to focus on one area, i.e
Depending on which side of the fence you are, many people seem to focus on one area, i.e
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
good or bad, with many people failing to give or receive a balanced view point.
Some of the main factors to consider :-
Pros O
Some of the main factors to consider :-
Pros O
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
Internet Banking
· Ease of access. Internet banking is normally available 24 hours a day, 7 days a week and you can view your
· Ease of access. Internet banking is normally available 24 hours a day, 7 days a week and you can view your
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
details from any computer around the world (there are safety aspects to consider when using 3rd party machines).
· No appointmen
· No appointmen
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
s required. Using the many internet banking facilities available, you have a large degree of flexibility in how you view, and an
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
alyse your finances. There are also many options to apply for loans, overdrafts and the like on line, with some services offerin
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
an immediate answer.
· Telephone support. While it is cheaper for customers to access their information via the internet, many
· Telephone support. While it is cheaper for customers to access their information via the internet, many
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
financial institutions also have a telephone back up service for further questions / queries. Normally available 24 hours a day,
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
7 days a week, they can be priceless in some situations.
Cons Of Internet Banking
· Fully automated services. For those of th
Cons Of Internet Banking
· Fully automated services. For those of th
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
population who are not yet comfortable with the internet revolution, or maybe not fluent in computers there are large hurdles to
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
over come. Simple errors when accessing via a PC may well put your personal data or accounts at risk.
· No personal contact. M
· No personal contact. M
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
ny people (especially from the older generation) still prefer the personal contact which is available with traditional banking, e
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
en though it has become a little more impersonal over the last few years.
· Security issues. There are without doubt some secur
· Security issues. There are without doubt some secur
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
ity issues with internet banking, although there are many simple steps you can take to protect yourself, and your personal data.
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
Is internet banking more dangerous that traditional banking? Some may beg to differ.
These are just a few of the issues which h
These are just a few of the issues which h
.
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
ave arisen since the internet boom began to effect the financial services industry. While some consumers will always be sceptica
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
of new technology and saving personal data on PCs, more and more people are using online services, and many have very few issues
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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