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Your credit score is also commonly known as your FICO score. So what is your FICO score? FICO (Fair Isaac and Company Inc) is the credit rating tha

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

t determines whether or not you get to finance that first car, purchase that first home or buy just about anything else you might want using credit.

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

Examples of combination products may in

FICO scores are your credit rating. Most lenders base approval on them. You have three FICO scores, one for each credit bureau… Equifax, TransUnion

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

& Experion.

Whether you get a loan to buy a home depends on a computer-generated credit score that compares certain things about you. Things like ho

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

w much money you earn, how long you've been using credit and whether you've made payments on time, determine your credit worthiness.

The five main c

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

Combination pro

riteria are:

1. Payment history - Your payment history on credit cards, retail accounts at stores, installment loans, and mortgages. (35% of total s

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

core ) 2. Amounts owed - What is important is how many accounts have balances and how much of the total credit line is being used on credit cards

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

nd other "revolving credit" accounts. (30% of total score.)

3. Length of credit history - That’s why parents should help children establish credit h

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

istories before they go out on their own. (15% of total score.)

4. New credit - Applying for too much new credit is one of the easiest ways for peop

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

le to inadvertently harm their credit score. (10% of total score)

5. Types of credit - This takes into account your mix of installment loans, mortga

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

ges, retail accounts, credit cards and finance company accounts. (10% of total score)

The scores that the companies compile are sent to the credit

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

Following aspects would a

reporting agencies as composite numbers. In addition to your salary and other factors mentioned above, here are some of the things that scoring agenc

dd to the challenges in developing combination products:

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

ies consider:

Your education level - It sounds arbitrary, but it’s true. A college-educated person is given more “points” than a high school gr

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

aduate, for example.

The number of years you’ve lived in a single location - If you’ve moved around a lot, you lose precious points. If you’ve

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

moved because of a better-paying job, you can recoup some of those points if your salary has increased, for example.

The number of years you’v

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

e worked for a single employer - Scoring agencies like people who are stable. That is why they assign more points to people who have lived in a parti

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

Professional from academic institutions, pharmaceutical industries, health care indust

cular place for several years or who have worked for a single employer for many years.

Are you a homeowner?- If you are, you get additional p

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

oints. Renters are considered more transient and less reliable to repay their loans.

If all of this sounds arbitrary or unfair, remember that s

.

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

coring systems have allowed department stores and other lending agencies to offer those “on-the-spot” credit approvals. You know the routine. You fil

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

Companies that provide selfless information through particip

l out some basic information on a card and five minutes later (if the computer is working properly), you’re either approved or disapproved for a loan

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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All work and no play can make employees a rather dull group, don't you think? Depending on the type of company you are part of, there might be room to hold a couple of corporate parties, get-togethers or picnics throughout the year. If you should be in charge of organizing and planning this delicate task, there are plenty of ways to approach this responsibility.

New free Internet marketing promotion strategy is on the way. After Google started to show video snippets in its results it gave new idea to the creation of video advertising and getting more targeted traffic for free.

You can make one of the most professional and eye-pleasing sites ever, but you will have lost precious time and effort if no one is viewing your page.

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