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Are you a frequent traveler? If so, it is likely that you are already enrolled on a frequent flyer program with

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

a few airlines. In this case, would you be open to an opportunity to earn airline miles at a quicker rate? Yes,

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

Examples of combination products may in

there are ways you can do this through the smart collaboration between airlines and credit card companies.

Inde

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

ed, you gain rewards points that can be converted into airline miles for purchases charged to your card. Of cour

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

e, the total amount that you need to charge to your travel rewards credit card would need to be significant in o

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

Combination pro

rder for you to attain adequate airline miles to claim your free flight. This also means that you have to charge

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

more to your credit card each month. In order to reap the full rewards of this, it would be best that you pay o

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

ff your outstanding credit card balances every month so as not be caught with a mountain of debt with high inter

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

st rates.

With this, it won’t be long before you claim for your free flights for your well deserved holiday. Wh

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

at’s more, rewards points may sometimes be claimable for free hotel rooms as well, making you a true smart trave

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

ler! Other benefits of your travel rewards credit card include hotel discounts, travel insurance or car rental d

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

Following aspects would a

iscounts. Some of these credit cards even include car rental insurance coverage and buyer assurance plans.

Ther

dd to the challenges in developing combination products:

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

are a few attributes of travel rewards credit cards that you should look at when selecting the right credit car

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

d to get. First of all, these credit cards award a certain amount of free miles upon approval of your applicatio

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

n or your first charge to the card. Other points of evaluation include the value of each mile that you will be g

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

etting. For example, some travel rewards credit cards award 1 point for every $1 spent, while others may reward

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

Professional from academic institutions, pharmaceutical industries, health care indust

point for every $2 spent. Therefore, cards that reward more points for lower card charges will enable you to ac

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

cumulate rewards points at a greater pace.

Finally, many travel rewards credit cards are affiliated with an air

.

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

line or a few airlines. In this case, it is essential that you get a credit card that awards miles for the airli

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

Companies that provide selfless information through particip

ne of your choice. Otherwise, you may be getting airline miles on an airline that you won’t or can’t travel with

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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