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Digg It - How The Central Bank Controls The Financial Activities of The Commercial Banks
The Central Bank of any country controls the financial activities of commercial banks in th
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
e following ways:
1.Open Market Operation: This involves the buying and selling of securit
1.Open Market Operation: This involves the buying and selling of securit
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
ies from and to commercial banks in order to increase and reduce the volume of money in cir
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
culation. If the central bank feels that the money in circulation is too small and wants to
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
increase it, it will buy securities from commercial banks. By buying securities, it will in
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
crease the volume of money in the possession of the commercial banks and increase their abi
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
lity to give more loans to members of the public,which will help to add more money in circu
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
lation. On the other hand, if the central bank feels that the amount of money in circulatio
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
is too much and wants to curtail it, it will sell securities to commercial banks. This wi
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
ll extract more money from commercial banks and at the same time reduce their lending power
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
s and thereby decreasing the amount of money in circulation in the country.
2.Bank Rate: T
2.Bank Rate: T
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
his which is also called discount rate, is the rate of interest the central bank charges co
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
mercial banks and other financial institutions for discounting their bills. If the central
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
bank feels like curtailing the lending powers of commercial banks and other financial insti
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
tutions, it will raise its discount rate, which will force other rates to rise. If the rat
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
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
e of interest charged by commercial banks and other financial institutions is high because
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
hat of the central bank rate is high, it will make borrowing very exorbitant and will scare
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
people away and the rate of lending will reduce.On the other hand, if the central bank low
.
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
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
ers its discount rate, the lending rate of commercial banks and other financial institution
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
s will also reduce. This will make borrowing cheaper and people will be attracted to borrow
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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