Tags |
|
|
Links |
|
|
Answers - 5 Tips For Those Thinking About Becoming An Expat
Every year thousands of people make the decision to move permanently abroad and to make a new life for themselves and their families in a foreign land. For many this proves to be one of the best decisions they have ever made, but for others the dream quickly turns into a nightmar
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
e. Here are just a few of the many things that you will need to consider.
Tip 1. Make certain that you really do want to live permanently abroad.
The grass is always greener on the other side and it is very easy to paint an idyllic picture of life in your chosen country. Howeve
Tip 1. Make certain that you really do want to live permanently abroad.
The grass is always greener on the other side and it is very easy to paint an idyllic picture of life in your chosen country. Howeve
; 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
, once you get there, you may well find that the grass is now a lot greener back home. It's also normally the case that your view of a country as a holidaymaker is very different from your view as a resident.
Not only should you visit the country several times before deciding to
Not only should you visit the country several times before deciding to
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
move there, but you should also do so at different times of the year and for increasingly lengthy periods of time. You should also try 'living' in the country by renting a house or apartment and living as far as possible as you would as a resident rather than a holidaymaker. If
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
ou still feel that moving is the right choice after you've spent six months or so 'living' in the country, then there's a good chance that you won't regret your decision.
Tip 2. Make sure that you understand the immigration policy of your chosen country.
Check out the current i
Tip 2. Make sure that you understand the immigration policy of your chosen country.
Check out the current i
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
migration requirements of your chosen country and also look at its past history on immigration and any known or rumored plans for change.
In many cases you will be required to meet strict visa requirements and these may be inconvenient, costly and leave you with little security.
In many cases you will be required to meet strict visa requirements and these may be inconvenient, costly and leave you with little security.
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
The last thing you want to do is to cut your ties with home, buy a house and settle the kids into school only to find that you cannot extend your visa and are given forty-eight hours to leave the country.
Tip 3. Examine your finances carefully.
Think carefully about how you wi
Tip 3. Examine your finances carefully.
Think carefully about how you wi
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
l support yourself in your chosen country. Do you, for example, intend to seek employment in your new country to provide you with an income, or will you fund yourself from sources at home, such as savings, investments or a pension.
If you're going to look for employment abroad t
If you're going to look for employment abroad t
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
en how easy will it be to find a job? If you can get a job, what sort of salary can you expect? Will you be allowed to work at all? Many countries will require you to apply for a work permit and these are often issued only in exceptional circumstances or for employment requiring
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
specific skills or qualifications. In many cases your visa will expressly state that you may not seek employment.
If you're going to fund your stay from sources at home, do you have sufficient resources not simply for today but for the next ten or twenty years or more? If you're
If you're going to fund your stay from sources at home, do you have sufficient resources not simply for today but for the next ten or twenty years or more? If you're
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
taking a pension abroad will it keep pace with the rising cost of living? In many countries you may draw a pension abroad but, if you do so, you will lose any cost of living increases and your pension will be fixed at the level at which you start to draw it overseas.
Tip 4. Thin
Tip 4. Thin
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
about what you will do with your assets back home.
If you own your home will you sell it, rent it out or simply leave it empty? What will you do with your car, furniture and other possessions?
Your home of course is much more than simply an asset, it also gives you a tie to ho
If you own your home will you sell it, rent it out or simply leave it empty? What will you do with your car, furniture and other possessions?
Your home of course is much more than simply an asset, it also gives you a tie to ho
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
me and affords you an address back home which may be extremely useful if you don't have family or friends who are happy to let you use their address. Just wait until your credit card runs out and your bank tells you that they can only send the new card to the address to which the
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
account is registered in your home country.
As far as your other possessions are concerned you can of course dispose of many of them if you wish, keeping only those or particular real or sentimental value, or you can take them with you. But how easy is it to ship things out and
As far as your other possessions are concerned you can of course dispose of many of them if you wish, keeping only those or particular real or sentimental value, or you can take them with you. But how easy is it to ship things out and
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
hat will it cost? Look carefully too at the rules in your chosen country. Some countries will let you bring more or less whatever you want into the country, while others will have strict limits or impose high import taxes. In many cases for example it's a lot cheaper to buy a new
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
car than to ship your own car out, pay high import duty and than have to have the car adapted to meet local requirements for registration.
Tip 5. Examine the provision of healthcare.
You may be fit and healthy now but, if you're thinking about moving abroad permanently, then a
Tip 5. Examine the provision of healthcare.
You may be fit and healthy now but, if you're thinking about moving abroad permanently, then a
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
time is going to come when you will need to avail yourself of the local healthcare facilities. Just how good are those facilities, how do they compare to the facilities that you are used to and will the doctors speak English?
Another very important consideration is the availabil
Another very important consideration is the availabil
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ty of public healthcare. If you come from a country with a publicly funded healthcare system, such as the UK, then you might be more than a little shocked by the cost of medical treatment when you find yourself in a country with only private healthcare. On the other hand, if you'
.
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
re used to paying for your own healthcare, you might be pleasantly surprised to find that you can get the same of better medical treatment at a fraction of the cost.
Whatever the case, however, this is something that you need to check out very carefully and you will certainly ne
Whatever the case, however, this is something that you need to check out very carefully and you will certainly ne
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
d some form of expat health insurance policy.
This short list of just five tips is far from exhaustive but hopefully it will give you a starting point and set you in the right direction. Becoming an expatriate is a very big step and one that needs a great deal of careful thought
This short list of just five tips is far from exhaustive but hopefully it will give you a starting point and set you in the right direction. Becoming an expatriate is a very big step and one that needs a great deal of careful thought
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.answers.org.ua/article/148018/answers-5-Tips-For-Those-Thinking-About-Becoming-An-Expat.html">5 Tips For Those Thinking About Becoming An Expat</a>
BB link (for phorums):
[url=http://www.answers.org.ua/article/148018/answers-5-Tips-For-Those-Thinking-About-Becoming-An-Expat.html]5 Tips For Those Thinking About Becoming An Expat[/url]
Related Articles:
What Does Your Executive Committee Do
Rebuilding Your Credit History
10 Things To Look For In a Mortgage Broker
Bookmark it:
|