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Each year, the federal government gives out over 150 billion dollars in Government funded grant programs to businesses and individuals.

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

These grants are provided to assist businesses in growing and providing jobs, and to help individuals raise funds for education or other

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

Examples of combination products may in

personal needs.

Despite the abundance of grant programs available, many businesses and individuals are finding it difficult to locate

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

grants. The system can be very confusing. Luckily, there is progress being made. The federal government actually has a website, Grants.g

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

v that you can visit and you can search by agency, category, or browse the available grant opportunities. Now, this is a step in the rig

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

Combination pro

ht direction, but as you will see, their site is still hard to use and the search function is well, somehow lacking. Also, this is not a

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

complete list of all grant programs that are available. You will likely need to employ additional research methods to uncover many gov

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

rnment grant opportunities.

When researching for Government Grants, one of the best resources for research is the Internet. Try searchi

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

ng for the type of grant that you are hoping to apply for. Try putting the type of grant in quotes - ex. "grants for single mothers", an

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

d search with the quotes. This instructs most modern search engines to search for the exact phrase. This will often times narrow down th

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

results to a more manageable size for research.

If this fails you, you may try visiting another government run website, cfda.gov - The

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

Following aspects would a

Catalog of Federal Domestic Assistance. You may try searching this for related government grant programs. There is a third government r

dd to the challenges in developing combination products:

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

un website that may help as well, located at firstgov.gov.

If you still cant find information on the type of grant that you require, th

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

ere are many commercial products available that maintain private databases of grant opportunities. Usually, this costs money, but the sm

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

ll fee might be worth it if it saves you time and helps you find the grant that you are searching for.

Once you have found informatio

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

n on the grant that you hope to apply for, it would be a good idea to contact the funding organization and verify the details of the gra

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

Professional from academic institutions, pharmaceutical industries, health care indust

nt. Alot of times, information is out of date and you want to make sure that you have the most recent data before you attempt to apply f

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

r a grant. A phone call or letter to the group that funds that grant could save you a great deal of time and aggravation later on if you

.

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

wind up with out dated information.

There are numerous government grant programs available. Locating them can be tricky, but is often

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

Companies that provide selfless information through particip

times well worth the effort. With diligent research, you should be able to uncover some good opportunities for federal government grants

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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The number one mistake made by applicants is not addressing selection criteria / KSAs at all (we'll save that for another article!) but for those who do address criteria, a common theme emerges, and unfortunately there are generally more things wrong with statements addressing criteria than there are things right.

Always remember that your success depends on you and your positive mindset! Knowing what your competitor is doing is helpful, but will not ensure your success. When starting a new business, or thinking of starting a new business, it is very important to check out who's already out there, what they're offering, and what they're charging and how they are marketing their services - products.

Just because you have to stretch your marketing dollars doesn't mean their effectiveness will decrease. The easiest marketing solution is often to simply throw money at a problem. But that is rarely ...

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