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China is the fastest growing aviation market in the world thanks to the expansion of its air freight and a

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

ir passenger industries. With air freight growth volumes predicted to drop off this year, how will the co

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

Examples of combination products may in

untry’s significance in the aviation market be affected?

The growth of China’s air freight industry h

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

as led to a surge in the Asian cargo business over the last few years. This is reflected in the fact that air

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

freight from Asia to Dallas Fort Worth airport (which is the leader in Asian cargo in the eastern and southe

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

Combination pro

rn U.S) increased by 42% in 2004.

However, it is expected that China’s air freight volume growth will eas

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 off this year. This will happen as the market returns to a more stable expansion pace after the post SA

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

RS (Severe Acute Respiratory Syndrome) rebound in 2004 and 5.

In 2004 and 2005, China’s air freight volum

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

e increased by 25% and 20% respectively. Passenger traffic also grew at this time; by 33% in 2004 and by

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

20% in 2005. This was as a result of people taking to the skies following the outbreak of SARS in the region.

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

Although the growth rate of China’s air freight business is expected to ease off this year, it will not hal

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

Following aspects would a

t altogether. According to freight industry experts, air freight cargo volumes are anticipated to rise by 10%

dd to the challenges in developing combination products:

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

in 2006. If it does so, China’s air freight volume will be 3.36 million tons.

Similarly, air passenger numb

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

ers are also likely to increase. China’s aviation regulator estimates that air passenger number swill increas

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

e by 15%. This will mean that 159 million people will travel by air out of China in 2006.

The continued g

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

rowth of China’s air freight and air passenger volumes is relevant to the country as it is the fastest gr

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

Professional from academic institutions, pharmaceutical industries, health care indust

owing aviation market in the world today. As a result China is an important battleground between Boeing and A

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

irbus.

Boeing has entered into discussions with China to supply the country with 150 jets. Whilst Airbus has

.

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

signed a deal with China to supply 150 A320 jets to it. As a result China’s role in the global aviation mark

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

Companies that provide selfless information through particip

et is likely to remain very significant despite a slight slow down in its air freight industry’s growth rate.

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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Anyone involved in high value capital sales, such as enterprise software, will know life can be a roller coaster. One day everyone is on a high as a major deal is secured. Another day everyone is distraught when after many months of work, it comes to nothing. Losing out to another vendor is an accepted part of the game.

Developing a resilient mindset of a millionaire by re-wiring your subconscious for wealth creation we will need to answer a few simple questions about financial pressure.

The process of receiving orders and shipping and tracking goods sold through direct marketing is called fulfillment. Common sense suggests that every company cannot produce or market products to suit every person, purpose and purse in the market place. People may differ in their buying motives, in the features and benefits they seek from a product and in their buying habits. People living in different places may vary in their buying of the same product. In pricing too, consumers differ in what they can afford and what they would like to spend on specific product categories.

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