Just Other Articles

Credit card companies are very smart and a little tricky.

I recently received a credit card offer that said I could pay off my debts with it and shop without guilt. It wa

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

s a credit card offer. Pay off my debt?

Those are the two things that most people want out of their finances. And now a credit card says that it can give those things. Th

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

Examples of combination products may in

at's a little far fetched. But many are probably willing to fall for it.

For example, I have a friend that thinks her credit cards are great. She is always saying that sh

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

e'll just charge something. After all, she says, that's what the cards are for. She says they have zero interest for a year and then really low rates. So far, her credit c

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

ard debt sits around $15,000. I warned her that she will be in for a surprise. And that credit card companies can raise rates anytime that they want to.

You don't have to

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

Combination pro

know much about finances to know that borrowing money to pay off what you borrow isn't getting rid of debt. It is simply moving it around. I'm sure that you have heard th

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

at you have to get out of debt a hundred times. That's because it is the truth. Getting out of debt is the best way to have a sound financial future.

By getting deeper in

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

to debt by using a credit card is not the way to go. What the credit card company wants to do is for you to pay off all your debt with their card. Then you owe them the in

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

terest from all that debt. You are simply paying them the interest that they will probably hike up to an amazing amount. And you are in debt that will take forever to pay

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

off.

It works for them, but what does it get you? You still have the debt, you still have the payment. Think about it this way: the credit card company isn't looking to h

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

elp you, they want to help themselves.

Can you shop without guilt with a credit card? I don't see how. You know you are racking up unnecessary debt. If you have the money

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

Following aspects would a

in your pocket and you don't need it for anything else, you can shop without guilt. And you don't need a credit card.

The problem is that credit cards do actually take t

dd to the challenges in developing combination products:

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

hat money out of your pocket, making every spending spree a guilt trip. A credit card is not money. It costs you money. By paying off your cards, you free up your money so

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

that you can shop guilt free forever.

Don't get me wrong. Credit cards are not evil. They aren't bad. It's how we handle them that is bad. There are plenty of people out

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

there that handle their credit cards wisely. They pay off their balance each month, meaning that they never pay interest at all.

But credit card companies don't want you

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

to do that. If you do, you don't make them any money. They want you to use your card more. For example, I have a credit card that hasn't had a balance on it for years. I

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

Professional from academic institutions, pharmaceutical industries, health care indust

only keep it for dire emergencies. It is in a safety deposit box so that I can't touch it for anything else. The card company is constantly sending me those credit checks

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

and upping my benefits. They offer return rewards, points and cash back if I use it. They want me to have to pay them for years and years.

Rewards are a tricky business.

.

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

Okay, if you really want them, go ahead and use the card. But pay it off every month. Someday you will realize that you have to spend at least $100 to get one dollar in re

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

Companies that provide selfless information through particip

wards. It isn't worth the effort.

Next time you are tempted by a credit card offer, look deeper into it. And see the years of debt and misery that most people find there.

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

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.justotherarticles.org.ua/article/90294/justotherarticles-Be-Wary-Of-Credit-Cards.html">Be Wary Of Credit Cards</a>

BB link (for phorums):
[url=http://www.justotherarticles.org.ua/article/90294/justotherarticles-Be-Wary-Of-Credit-Cards.html]Be Wary Of Credit Cards[/url]

Before you sell your business focus on this one crital area to improve your selling price.

Postcards are so cost-effective they can be a high-frequency weapon. And because they are 6 times more likely to be read that a direct mail letter, they are also a high-impact weapon. A high-frequency and high-impact weapon is one that will be extremely effective in the marketplace.

If you are running a home based business and you would like to be able to accept credit cards at all times the best way to do this is to open a merchant account. Many small business and home based business owners assume that this is a very costly service, but it doesn’t have to be.

Tags

Links

Just Other Articles - Be Wary Of Credit Cards

Related Articles: