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Digg It - Shipping Your Large Packages - UPS's New System
UPS is changing the way they calculate freight charges on your larger and oversized packages in 2007. 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 They have what has been termed a simpler rate calculation based solely on dimensional weights which rep ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in aces the old oversize specifications of the past. This system is only applicable to ground shipping lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. methods and only for packages larger than 3 cubic feet or 5184 cubic inches. Packages smaller than here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe 3 cubic feet will be billed based on the actual weight of the package. The new methods represents a mo d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro e gradual price increase based on total dimensions rather than using the old tiered method. The actual 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 billable weight will be the larger of the actual weight or the dimensional weight. How to calculat 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 the cubic size of your package. -- Whatever you are shipping needs to be described by a rectangle nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically ith a Length x Width x Depth. Measure this rectangle and round each number to the nearest whole inch. 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 e.g. a package with exact dimensions of 14.25" x 12.65" x 8.75" would be rounded to 14" x 13" X 9". Nex ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi , multiply the LxWxD (14x13x9=1638 cubic inches). This package would not qualify for dimensional weigh ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a ts and would ship based on actual weight. Let try another. Your package is 49.5" x 29" x 07.5" (50x29 dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod 8 = 11,600 cubic inches). This is larger than 5184 cubic inches so it will be billed by billable weigh cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin . Once your package qualifies for dimensional weight calculations how do I calculate my cost? tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen ow that we have our cubic size of 11,600 cubic inches we can calculate our billable weight. For ground 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 service within the US it is cubic inches divided by 194 = billable weight
For ground service to Canada ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust it cubic inches divided by 166 = billable weight. In our example: 11,600/194 = 59.79 lbs. rounded up y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products to the nearest full pound, 60 lbs. UPS provides a cost estimating service on their website. But you m . 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 st know how to calculate your dimensional weights. You'll need your origin city and zipcode, your dest elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip nation city and zip code and your billable weight to use the UPS price estimating tool on their website 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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