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  • Useful Articles - Playstation 3 Pre-Order Madness

    Every couple of years, new gaming software hits the market. Usually it hits the market right before Christmas, which is a nightmare for parents; as almost every kid on the planet is in a "receiving" mo
    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
    od rather than a giving one. This means that many kids will see the game console and their eyes will light up like fireworks. Well, the same thing is going to happen again this year. On November 17th,
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    2006, the Playstation 3 is going to hit stores everywhere. That means electronic stores all throughout the US are going to turn into madhouses. Why is that? Well, its a little thing called supply and d
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    emand. It wouldn't be that big a deal if there was plenty of Playstation 3s to go around, but sadly that is not the case and there is going to be far fewer console systems than people. A low amount of
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    gaming systems and a high amount of needy customers always yields the same result, and that result is not good.

    After all, the same thing happened with the XBOX 360 last November, short supply and hig
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    h demand. Even though that system cost $400, it didn't stop people from getting in line to buy one. Even if that line was 2 to 3 blocks long. Well, the Playstation 3 is priced at $600 and there is no d
    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
    oubt that the same scenario will ensue, if not a worse one.

    If you feel that you need to get a PS3, then you undoubtedly want to get on a pre-order list as fast as possible. However, there is a proble
    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
    m with that task. The Playstation 3 release is only about a month away from release, and since the release of this colossal gaming system has been known by gamers for several months now, it may be too
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    late.

    It "may" be too late because it is only a few weeks away from the release of the Playstation 3, which means many store pre-order lists are already going to be filled to the brim. Thats not to sa
    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
    y you won't get a PS3 on November 17th, but getting one without being on a pre-order list is one heck of an accomplishment, and to some a nearly impossible feat. Besides that, every day that you waste
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    ust "thinking" about getting on a pre-order list means you're that much farther away from actually obtaining a Playstation 3. The faster you act, the more chances you have.

    So what can be done to get
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    on a list? Plenty! Just because there are lots of people who want a Playstation 3, does not mean that every pre-order list is going to be full. In order to get a PS3 on the release date, you are going
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    to have to ask around at quite a few different stores. Obviously, your going to ask the basic questions, such as "Are you selling Playstation 3s?", "Do you have a Pre-order list?", "How many people are
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    on the list before me?", etc. But, many people fail to ask the other important questions, like: "How many PS3s shipments are you going to receive this month? What about next month?" and "When is your
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    next Playstation 3 shipment?". Yeah, its true that not all stores will give out that specific information, but there is going be plenty of stores that will gladly give you any and all information you n
    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
    eed.

    If you do get on a pre-order list, don't stop there. The more lists you are on, the more chance you have of obtaining a PS3 on release day, or before Christmas (which is the goal of most). Althou
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    gh, they are called "pre-order" lists, that doesn't necessarily mean that the lists will vanish after the release day. Most of these lists will last until Christmas, and/or usually a month or two after
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    . If people drop off the list, or do not have the money to buy the PS3 when their "time" is called, they move down and you move up. Enough drop-outs on a list and you might even get a PS3 sooner than y
    .

    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
    ou expected.

    Theres no doubt about it, its going to be a hectic day for stores and shoppers on November 17th, 2006. But if you take precautions and do a bit of research, the joys of a Playstation 3 wi
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    ll undoubtedly be yours on its launch date. Then again, you could always just wait 3-4 months and get one when the PS3 craze dies down; but thats up to you and how devoted of a PS3 fan you actually are


    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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