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Q: If I recently declared bankruptcy, can I bring a lawsuit for my injuries and

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

then keep all the proceeds? My injuries have nothing to do with my bankrupcty, r

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

Examples of combination products may in

ight?

A: Wrong. When you declare bankruptcy, you are required by law to list al

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

l your assets with the Court. If you even suspect that you might have a potentia

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

lawsuit (malpractice or personal injury case) you must list that as a potential

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

Combination pro

asset. If you inadvertantly neglect to put this potential asset on your list, 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

nd you go to an attorney (and don't tell him about your bankruptcy) who then sta

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

ts your lawsuit, the defense has an absolute right to get a Court order to dismi

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

ss your case. (They will definitely learn about your bankruptcy sooner or later.

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

) The reason is simple. When you declare bankruptcy, your bankruptcy 'estate' is

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

no longer yours. A bankruptcy 'trustee' (a Court appointed lawyer) supervises ho

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

Following aspects would a

w your assets are distributed - with Court approval.

Once you have declared ban

dd to the challenges in developing combination products:

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

kruptcy, you are no longer legally capable of starting a lawsuit in your own nam

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

e. The case must be started in the name of the bankruptcy trustee who must then

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

ire an outside lawyer expereienced in malpractice or personal injury to handle y

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

our matter. If you are actually awarded money, either by a settlement or verdict

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

Professional from academic institutions, pharmaceutical industries, health care indust

, your attorney will receive a fee, the bankrupcty trustee will receive a fee, y

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

ur creditors will be paid, and you will receive the remaining monies (in most ca

.

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

ses) if there is any left to be distributed.

IF YOU HAVE DECLARED BANKRUPTCY WI

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

Companies that provide selfless information through particip

THIN 10 YEARS, YOU MUST LET YOUR ATTORNEY KNOW THIS BEFORE YOU START ANY LAWSUIT

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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Marketing without the right message will do a business about as much good as no marketing at all. But how does a small business owner know what that right message is? Here's a tip that makes it easy to make sure your marketing message is right on.

The Key to niche marketing is setting yourself up to be a Big Fish in a Little Pond!

Many people often condemn Corporations for only giving when it is a trendy issue. For instance every one was ready to help out in the Indonesia Tsunami, Pakistan Earthquake and Hurricane Katrina. But even so what about all the other issues and what about those areas after a couple of years have gone by and help is still needed there?

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