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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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