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Fairbanks is the second largest city in Alaska. If you are considering relocating to Fairbanks, the following facts and information can help with the decision.

The northernmost city in the

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

U.S. at the Interior of Alaska, Fairbanks is just 125 miles south of the Arctic Circle. It’s estimated 31,324 people live in the city. When you include the Fairbanks North Star Borough, 82,8

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

Examples of combination products may in

0 people inhabit the area. About 17,000 military personnel make up 20 percent of the borough population. The University of Alaska Fairbanks alone accounts for 10,400 students each year. Popu

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

ation growth has steadily risen since the 1960s. The discovery of oil and construction of the Alaskan pipeline have been the primary reason. U.S. Census statistics show that in the two decad

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

s since 1960 the total number of residents grew 31.4%. But from 1980 to 2000 it had more than doubled. White non-hispanic residents account for 74.4% of the population, 7.8% are native Ameri

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

Combination pro

an, 5.5% hispanic and 5.3% black. At 31, the average age per resident is more than five years below the state.

When determining if you should be relocating to Fairbanks, cost should be an i

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

ssue. Fairbanks' cost of living could be considered high when compared with the national average. However, it is lower than most other Alaskan communities and compares favorably with many ot

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

er North American cities. Residents enjoy a very low tax burden with no state, local or sales taxes. According to estimates in 2005, home values on average had risen to $171,700 for an owner

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

occupied dwelling. Prices can vary greatly. A three-bedroom home is estimated to cost $1,400 per month to lease. The median rent paid by residents is $789 monthly. A lot of the housing in th

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

area is relatively new or updated. After a massive flood in 1967, 95% of homes and businesses in Fairbanks were under eight feet of water. Federal funding more than compensated to help rebu

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

ld or replace the damaged structures.

Home of one the most notable Alaskan gold expeditions, more than $200 million in gold has been extracted from the mining district. There are still gold

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

Following aspects would a

mines in operation today. The Trans-Alaska Pipeline annually produces 20 percent of the nation’s oil production. The military has also played a significant role in Fairbanks’ development wi

dd to the challenges in developing combination products:

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

h an economic impact of $350 million annually. Since World War II, airfields, roads and communication systems were constructed.

Tourism is heating up in one of the coldest North American ci

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

ies. Each summer, roughly 325,000 visitors find their way to Fairbanks. The historic city has managed to keep much of its frontier charm. Mining camps, swinging-door saloons and unpaved road

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

can still be found amid an ever evolving landscape. Competitive sled dog racing is just one of many outdoor activities that favor tourism and have people relocating to Fairbanks. The most c

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

mmon approach for travelers to the city is through Fairbanks International Airport. The Alaska Highway also connects the area to the lower 48 states, while the Alaska Railroad makes Fairbank

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

Professional from academic institutions, pharmaceutical industries, health care indust

s its northernmost destination.

If you are considering relocating to Fairbanks, there are issues related to daylight and weather you need to contemplate. Fairbanks is one of only a few comm

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

nities in the world that has a concentration of people living so far north. They experience long days in summer, dark winters and significant changes in weather. In June and July, Fairbanks

.

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

an get anywhere from 18 to 20 hours of sunlight daily. Temperatures can reach the high 80s. Daylight dwindles to four hours during the winter. Temperatures will drop drastically to as low as

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

Companies that provide selfless information through particip

60 degrees below zero. Average temperatures in January are 10.2 below and 55.4 in August. And it wouldn’t be Alaska without snow. Annually, about 68 inches of the white stuff falls each year

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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