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  • E-Folder - Eastern OH and Youngstown Economic Look

    There are significant issues effecting the Eastern Ohio region due to its strong but changing base as a manufacturing area. The manufacturing jobs in the US are at crisis and in the case rural OH, where they are between big cities and big industries and
    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
    shippable locations, it has the potential to pull through. It has a lot going for it, but the world price competition for labor costs and pirated after market parts are also taking its toll as emerging nations move into swoop entire manufacturing secto
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    rs of various industries.

    In Youngstown the new construction is 10:1 in square feet of new homes to commercial properties, which makes home values good for now and increases certain areas on the side of town where the middle class congregates, but also
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    it hurts the urban flight and crime problems plaguing nearly all of America as Suburbs grow like lawns with ride on garden tractors.

    In Youngstown they have 27 Industrial and office parks, 1 FTZ, 17 of which have rail service by CSX, and what is OHIO’
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    s solution after raising the sales tax 1% which will cost the state an estimated 900 million in capital inflow? And God, yes God only knows how many jobs? Their solution no kidding is to allow slot machines in Horse and Car Race Tracks and of course tax
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    them? Outrageous? That is the solution to their economic plan? Sounds like they are punting? Added so far is 1% sales tax and some areas after the county’s special sales tax assessment is now up to 7.5% and an additional $ .02 on every gallon of gasolin
    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? In a state that derives most of it’s revenue from taxes paid by the largest employers, car makers and parts for cars made in a state where 88% of every car made is an SUV made in OH folks.

    Youngstown also has a Superfund site in the old Youngstown S
    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
    heet and Tube Company closed in 1977, yet with all these closings, declining populations in Youngstown itself the economic development group managed to create almost 10,000 jobs, I am impressed. Too bad MCI-WorldCom the big plum dropped from the tree as
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    their main call in center laid off many people, but at one time had been the third largest employer there. Lordstown also had the Lordstown Space Center, which besides GM was a big deal at one time.

    One situation in Youngstown is the weather average t
    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
    emps are meek in winter; Nov and March not to bad with an average of about 45 degrees, but in Dec. 36 degrees, Jan 31.4, Feb 33.8 degrees, yes doable, but those are averages of which this year was not average, about half way between the wicked record se
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    ting lows and average. Population are definitely consumer type customers with 31% being 25-44 years old, X’ers and Boomers and you can tell this is pretty constant around OH areas. 21% are 44-66 years old our second best clientele for consumer spending
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    especially good for the service businesses.

    There are 35 trucking companies left standing now in the area and 17 trucking terminals, 1 major rail yard, but the area is serviced by 98 General Motor Companies, many are merging and some exiting due to sti
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    ff competition in the industry with JB Hunt, Covenant, Swift and Fed Ex Ground, examples of this are the recent Yellow and Roadway Merger, and Consolidated freight calling it quits in Portland, Ore. There are 29 companies contracting in the area through
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    jobbers and freight forwarders, but many are out of Pittsburgh or out of the Richfield-Akron area where 160 trucking companies are based or have terminals. Heavy Hauling is not a problem as many in the phone book, we counted 47 exist, but many are inde
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    pendents and OH is cracking down on them so hard they cannot make money with fuel used within state and numbers of miles driven in state all requiring extra fees, driving up costs for everything that is bigger than 40 foot trailer. The trailers also hav
    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
    fees but Heavy Hauling has additional fees, even as bad as the fees in CA, NJ, OR or WA state. God bless America, Keep on Trucking?

    Youngstown benefits being 45 miles from Akron and Canton, 15 miles from PA’s Sharon and New Castle Chicken disease city
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    and 60 miles even from Pittsburgh and Cleveland. Although we expect to see a slower than projected increase in population the economic guestimaters think the area tri-county could reach 626,000 within 10 years, we think less since the rural areas are d
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    ying now and the inner city is having mass exodus, You should not count the downtown areas anyway they are too poor to be buying if you are selling things which are legal. Not to say poor people are bad, but bad poor people congregate in these types of
    .

    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
    areas as last resorts.

    The Youngstown region of Ohio has seen better times and will emerge from the slump, they are doing it now with reasonable growth, but surely not completely out of the woods yet. Economically speaking one should not count them out
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    , as those folks are tough as nails and serious about moving the ball forward. It would be nice if the manufacturing sector in the United States had a government at all levels, which was 100% on its side, so they could move towards that goal line faster


    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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