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  • Digg It - Textile-Portal-An introduction

    Textile Portal is a marketplace for the common meeting point of Buyers and Supp
    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
    liers of Textile products and services. It follows the same concept of the trad
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    tional market places which are set up for buyers and sellers even today. For e.
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    g.: We visit various markets like vegetable market, fish market, cloth market.
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    lmost always we can see that similar products are sold in such markets with a v
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    riety of options available to select from. Textile Portal is a virtual marketpl
    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
    ace where traders, buyers and suppliers do their postings for the requirements.
    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
    In fact traders play an active role in the negotiating of prices and making the
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    business profitable for both buyers and suppliers.

    The task is a difficult on
    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
    for traders since postings are for products spanning geographically across the
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    globe. A supplier wants to sell 100% cotton from India. However there are more
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    than one buyer for 100% cotton more from the Atlantic region. The trader would
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    ct prudently and select the best buyer who can also give good commission rates
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    to the trader.

    Textile portals are coming up over the web. Since the products
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    nvolved are in bulk quantities, these portals are not very popular like other p
    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
    rtals like ebay.com or amazon.com. Not just popularity but reliability is an im
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    portant factor determining the choice of textile portal. These portals are also
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    coming with specialized services like News, Trends and Others that can only be
    .

    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
    subscribed at a yearly subscription depending upon the selection of services of
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    textile updates. Textile Portal can revolutionalize the entire textile business


    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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