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You are here: Home > News and Society > Politics > Is US Losing Influence In East Asia? |
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Answers - Is US Losing Influence In East Asia?
While in East Asia, many countries are cooperating more for their economic d 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 evelopment.
The sad thing about this is, these countries are relegating US. ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in Look at the current eclipse of US, you can figure out something that is beh lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. nd the scenes. Two major countries there, that are called United State’s al here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe lies, have given bitter statements lately.
This year, in January, Japan’s p d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro ime minister said that that the Bush’s Decision of Iraq invasion was complet 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 ly wrong.
And similar statements were given by Australia.
If we remember, 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 Japan has recently pulled out its troops from the Iraq. Moreover, the next nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically uestion that was raised was about Logistics Support to US given by Tokyo.
J 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 panese prime minister, however, does not look satisfied with the statement o ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi the defense minister.
This is no secret anymore. The real thing is that US ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a is loosing its influence from East Asia. The summit in East Asia lately do dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod s not consider US, a powerful member of the firm. The sad thing about this cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin mission is that three major countries, India, New Zealand, and Australia are tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen not the key player on East Asia. In spite of it, the china is becoming a e 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 erging player in East Asia.
That is because of the eclipse of US in East As ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust a Summit.
So US have to think over some strategy to gain its influence in E y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products ast Asia or with the time the situations can be worse. If the country does . 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 ot figure out something, the others countries that are key player in East As elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip a, will become more and more powerful and US will keep loosing its influence 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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