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The naming of your business could be one of the most important decisions you will make. A name's

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

originality and legal availability will create a real asset value of its own, as it becomes marke

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

Examples of combination products may in

ed and gains market acceptance.

The name you choose will become the focal point of all the benef

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

ts and features that relate to your product or business. Customers will be able to find and refer

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

others to it in the future. Established products or businesses realize the value of customer good

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

Combination pro

will.

A well chosen name will provide an extra marketing advantage, which may mean the differenc

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

e between failure and success.

The vital question is…is your company name truly available?

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

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While the name may be unique and distinctive to you, there is a possibility that another

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

party already has prior trademark or common-law rights to the name for your industry. Before you

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

invest time, money and effort into your name, do some research. The first places to check are rig

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

t at your fingertips – the World Wide Web – and they're free!

Preliminary Search Sites:

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

Following aspects would a

The Trademarks section on the USPTO Web Si

dd to the challenges in developing combination products:

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

e

Your Secretary of State to see if they have a searchable database of names. You c

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

n find a listing of all states tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

_of_state.htm">here

Major search engines – put your product name in quotes to find

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

xact matches; use keywords with your product name to find relevant hits

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

Professional from academic institutions, pharmaceutical industries, health care indust
i>

However, please be aware that this is merely scratching the surface of what's out ther
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
. Only comprehensive research will tell you if the name is truly available. But, th
.

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
se links are free & a great place to start, so try them first. If the name appears to be availabl
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip
, then you can move on to getting comprehensive research done by a private company or an attorney

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 - Company Names - 1 Vital Question to Consider when Naming your Company

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