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Digg It - The Lowdown on the American Express IN:LA Card
With many different credit cards offering alternate perks and benefits, credit card companies have become increas
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
ingly creative with their reward and incentive programs. Today, there are credit cards that cater to driving enth
; 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
usiasts, food connoisseurs, music lovers and holiday makers to name a few specialties. Now, American Express has
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
gone one step further with their IN:LA Card.
Specifically catered for people with good credit, the American Expr
Specifically catered for people with good credit, the American Expr
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
ess IN:LA card is just one of the three American Express INSIDE Reward cards. Other cards in this product range i
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
nclude the IN:NY and IN:CHICAGO American Express cards.
The program awards one reward point for every dollar spe
The program awards one reward point for every dollar spe
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
nt on general purchases. Purchases that include newspapers, magazine subscriptions, cable and dial-up ISP subscri
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
ptions, cell phone services and even movies and dining are aptly named ‘City Essentials’. For these purchases, do
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
uble reward points are awarded. How fantastic is that? These points can then be redeemed for all kinds of benefit
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
s and experiences such as airline tickets, hotel stays and dining in Los Angeles, New York City or Chicago. The b
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
st part about these points is that they never expire and there are no yearly limits or maximum limits.
That’s no
That’s no
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
t the end of it, though. American Express also offers members the Tuesdays IN:LA program, where cardholders are e
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
ntitled to a 10% discount at selected retail outlets, spas and health clubs each Tuesday. What’s more, cardholder
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
s also enjoy the privilege of priority access and VIP room access at clubs along with lowered charges for museums
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
and concerts. The card also has the standard gamut of benefits such as auto and travel insurance, fraud protecti
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
on and the like.
While it may be the norm for us to expect some glaring disadvantages of a credit card that offe
While it may be the norm for us to expect some glaring disadvantages of a credit card that offe
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
rs so many alluring benefits, this is not evident with the IN:LA Card from American Express. It is a surprise the
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
n that the interest rates are relatively low for a reward card with no annual fees charged. For the first six mon
.
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
ths of membership, there are no interest charges for purchases and balances transfers.
With all these perks, the
With all these perks, the
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
American Express IN:LA Card is an ideal city-living credit card particularly for those who reside in Los Angeles
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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