I Suggest - Automotive

Due to inadequate supply of gas in the world market that is caused by its increasing demand, gas prices continue to increase up to the point the consumers are now very cautious in their buying decisions just to

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

minimize gas usage. And because the auto industry does not want to loose profits, it abundantly supplies the public with pieces of fuel economy advice who want to save a few dollars at the gas pumping station. M

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

Examples of combination products may in

ost of the time, drivers are advised to increase their vehicles’ fuel economy by minimizing the use of air conditioning, regularly changing the filters, periodically checking tire pressure, keeping fuel injector

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

clean, and using a fuel additive to increase the performance of the engine.

But are the consumers really using these tips to save money at the pump?

A recent Kelley Blue Book Marketing Research study on fuel

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

economy revealed that 6 out of 10 consumers respond they would be likely to alter their filters at scheduled intervals and/or check their tire pressure periodically in order to achieve greater fuel economy or sa

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

Combination pro

e money. Moreover, 7 (68 percent) out of 10 consumers say that they would save up to $200 annually by following some or all of the suggested gas-saving maintenance tips to their car.

According to Jack Nerad, th

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

e executive editorial director and executive market analyst for Kelley Blue Book's kbb.com, prices of gas have now reached the points where consumers are forced to take steps which they may not have when these p

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

ices were relatively lower to enhance fuel economy and save little money. He said that if the heavily burdened consumers actually perform all the recommended tips for economizing gas, most probably they could s

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

ave up to 15 or 20 percent of their entire yearly fuel costs.

On the result of the study, however, only very few or 23 percent say that they would be willing to lessen the use of air conditioning. Even few (17

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

ercent) say that they would be willing to regularly clean their vehicles’ fuel injectors as well as to use a fuel additive in each fill-up to improve engine performance (5 percent).

Twenty-six (26) percent or m

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

ore than a quarter says that in order to achieve greater fuel economy or save money, they would employ all the recommended fuel-saving tips from Kelley Blue Book; while only 5 percent say they would do none.

In

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

Following aspects would a

order to improve their fuel economy or monetary situation, 69 percent of the respondents are likely to change the vehicle they drive. Twenty-two (22) percent respond that they would purchase a hybrid version of

dd to the challenges in developing combination products:

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

a vehicle they already have. Some (14 percent) say they would acquire a vehicle with a smaller engine or an engine with less power (because smaller or less performing engines require only few amounts of fuel). T

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

welve percent say they would purchase a diesel vehicle, while 31 percent say they would not change their next vehicle to improve fuel economy.

In its second generation now, the Toyota Prius is approaching its f

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

fth model year and it still dominates the hybrid market. But this does not make the Prius belong to the Kelley Blue Book's Kbb.com Editors' Top Picks for Best Fuel-Efficient Vehicles due to the car’s unfitness t

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

o every lifestyle. The list is composed of fuel-efficient favorites filled with something for consumer.

Jack Nerad, the executive editorial director and executive market analyst for Kelley Blue Book's kbb.com,

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

Professional from academic institutions, pharmaceutical industries, health care indust

aid that they certainly think that today and tomorrow’s market has and will still have an important place for the hybrid vehicles. He added that the present market offers a wide array of vehicles that both satis

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

fy the individuals' needs and provide really excellent fuel efficiency.

The Blue Book list includes the editors’ top choices which include Honda Civic Hybrid (small sedan category), Mercedes-Benz E320 Bluetec (

.

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

uxury sedan), Nissan Altima Hybrid (mid-size sedan), Toyota Tacoma (compact pick up), Chevrolet Silverado and GMC Sierra that is packed with GMC catalytic converter (full-size pick up), Audi TT (coupe), Ford Esc

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

Companies that provide selfless information through particip

ape Hybrid (small SUV), Toyota Highlander Hybrid (mid-size SUV), GMC Acadia (large SUV), Mazda MX-5 (convertible), Honda Odyssey (minivan), MINI Cooper (hatchback), and the Toyota Matrix and Pontiac Vibe (wagon)

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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