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Summary - The Distance Learning Explosion!
A generation ago few would have given much thought to educating themselves apart from a 'brick and mortar' educational ins 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 titution. Certainly, for several generations, correspondence courses allowed people to gain knowledge while studying in th ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in e comfort of their homes, but these schools pale in comparison to entire universities dedicated to instructing students re lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. otely. Let's take a look at this growing phenomenon. Claiming to be the nation's leading online university, the Universit here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe y of Phoenix was among the first accredited universities to provide college degree programs via the Internet. Founded in 1 d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro 76, the University of Phoenix began offering internet degree programs in 1989. The program has exploded in popularity to w 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 here nearly 150,000 students are in the process of pursuing degrees on the bachelor's, master's and doctoral level. Degree 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 d programs in Business, Education, Management, Nursing, and Technology are available online through the university which c nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically aims to be the largest private university in the US. So, why are degreed programs like those offered at the University of 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 Phoenix so popular? In one word: convenience. You can study at home, at work while on break, on vacation, while traveling ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi on business, etc. Because everything is accomplished online you simply log on, click into class, and go. Yes, you need a ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a computer, but that is what gives students the freedom that they have vs. traditional route students. Many online universit dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod ies allow students to take courses at their own speed, usually one course at a time. Disciplined students can finish a cou cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin se in as little as five weeks and start another course the following week. Indeed, it is not unheard of that students can tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen receive their degrees in as little as 2-3 years after beginning the program. Most employers recognize online educational 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 ptions the same as traditional route options, therefore students find themselves available for financial reimbursement. Tu ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust ition costs are comparable to that of the "brick and mortar" institutions. Other online giants include: DeVry University, y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products Westwood College, Walden University, and Kaplan University. At the same time, there are "degree mills" that offer degrees . 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 with little or no studying required in exchange for a fee. The reputable schools are accredited, while the "degree mills" elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip are not. All in all, online schooling is booming as Americans explore an option that is convenient and effective for them 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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