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Small contractors and large developers all share one thing in common: the need to store their supplies and materials. Construction, building and renovation projects requ

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

ire plenty of materials and space to work in. Contractors also need to protect their materials during the construction phase. A recent trend in the mobile storage industr

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

Examples of combination products may in

y is the development of strategic partnerships between mobile storage companies and contractors. Mobile storage companies are providing cost effective storage solutions t

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

o contractors big and small. Most contractors purchase materials in bulk to benefit from the economies of scale. However, to do so requires the space to store the mater

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

ials. The savings of bulk purchasing is often negated by the high cost of commercial storage space.

Mobile storage facilities are the perfect fit. Contractors can orde

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

Combination pro

r their material in bulk and have them stored in a secure climate controlled warehouse for less than the cost of storing the materials themselves. The economic benefits a

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

re real. The contractor saves on labor and costly commercial storage space. Another advantage is that many mobile storage facilities are equipped to accept commercial de

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

liveries and store the materials until the contractor is ready for them at the job site.

Typically, mobile storage facilities offer two options to the contractor. The fi

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

rst option is to have the materials shipped directly to the mobile storage warehouse. When the contractor is ready for the materials the mobile storage company will deliv

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

er the items to the job site on an as needed basis. This eliminates the need to cram the materials in the work space and allows the contractor a larger space to maneuver

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

within.

The second option is to transport mobile storage units directly to the job site and leave them on site. On site storage is becoming very popular for many contrac

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

Following aspects would a

tors. Mobile storage companies offer storage units made out reinforced wood, aluminum and steal depending on the specific security needs. The storage units come in a vari

dd to the challenges in developing combination products:

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

ety of sizes. Sizes include: 5’x7’x8’ reinforced wooden units, 5’x7’x8’ steel units, 8’x8.6’x20’ steel and aluminum units, and 8’x8.6’x40’ steel and aluminum units. Sm

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

aller and larger units are available depending on the contractors needs.

Scott Love, Millard Electric, an Omaha, Nebraska based company, said their business could not ex

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

ist without the use of storage facilities. They order materials in advance for jobs not scheduled to begin for months. However, in order for them to receive the best pr

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

ices, it is essential for Millard Electric to purchase large quantities of materials and store them until the job is ready to begin. Once the job begins, they have the ma

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

Professional from academic institutions, pharmaceutical industries, health care indust

terials delivered to the job site on an as needed basis.

John Martin, an attorney in Gantt, Alabama can’t say enough good things about his experience with on-site storag

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

e units he received through the Mobile Attic, an Alabama based mobile storage company. Martin used the on site storage containers during a kitchen remodeling project. 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

artin found the convenience of storing his belongings and supplies in his driveway very impressive.

So take advantage of these time and space saving services and conside

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

Companies that provide selfless information through particip

r a strategic partnership with a mobile storage company in your area. This partnership will help you remain on time and budget with you construction and building projects

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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Digg It - General Contractors and Mobile Storage: A Strategic Partnership

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