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Wired Plastic is the brand name of one of the most rewarding prepaid debit cards out there.

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

Unlike credit cards, there is no debt involved when purchases are charged to a debit card.

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

Examples of combination products may in

This is as the card holder must first deposit money into his or her account before purchas

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

es can be made. Thus, users can only spend the amount of money they have in the account and

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

not a penny more.

For Wired Plastic, a maximum of $2500 can be deposited into the account

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

Combination pro

although a minimum of $10 is sufficient to keep the account active. With no credit limits,

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

shoppers won’t need to worry about overspending or even bringing too much cash with them.

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

Nevertheless, although it is not a credit card, the Wired Plastic Prepaid Visa is not any

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

less rewarding. Wired Plastic’s prepaid cards come equipped with features like online accou

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

nt management, automated monthly payment systems, a point-collecting reward program as well

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

as a unique overdraft safety program.

While the reward programs of certain credit cards in

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

Following aspects would a

volves a redemption process for exclusive items, the Wired Plastic reward program allows th

dd to the challenges in developing combination products:

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

eir users to redeem practical gifts such as calling cards, music downloads and mobile phone

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

ring tones as well as phone airtime. This is due to the fact that the target market of Wi

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

red Plastic users comprise mostly of teens and young adults which are heavy users of such s

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

ervices.

Also, every dollar used earns Wired Plastic users a point, all of which come with

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

Professional from academic institutions, pharmaceutical industries, health care indust

no expiry dates or a maximum cap. As for fees, the good news is that there are no APRs or

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

annual fees for Wired Plastic cards. On the down side, fees are applicable for the applicat

.

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

ion process, in addition to monthly maintenance charges. Nevertheless, with Wired Plastic,

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

Companies that provide selfless information through particip

there are no charges for direct deposits or transfers through Paypal or inter-bank accounts

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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