Subjects - Business

Slips and trips maybe seen by some as funny but they are in fact the most common cause of major injuries at work with over a third of all injuries reported

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

each year caused by slip or trip accidents. In fact slip or trip accidents account for:

20% of injuries where the employee is absent for over 3-days

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

Examples of combination products may in

33% of all reported major injuries
2 fatalities per year
50% of all reported accidents to members of the public
A cost of ?368 million per

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

year to employers in lost production and other costs

The highest rate of injuries occurs in the food and drink, repair of consumer goods and vehicle secto

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

rs. However with almost all workplaces being affected by this type of injury and with most slips occurring due to poor housekeeping, solutions to the probl

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

Combination pro

em are often simple and cost-effective.

Northern Counties Insurance Brokers, the UK Insurance Broker and experts in risk management have produced these To

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

p Tips on how you can reduce your exposure to risk and with it your insurance premiums.

1. Planning

By having an effective management system in place the

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

key areas of risk can be identified and goals can be set to make improvements. This should include selecting equipment and work practices that contain sli

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

p and trip hazards and if possible prevent them occurring.

2. Organisation

Get workers involved in and committed to reducing risks. This should involve g

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

iving people responsibilities to ensure that areas of the workplace are kept safe and then making sure everyone is aware who is responsible for each area.

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

3. Control

Keep a record of cleaning and maintenance work and encourage good health and safety.

4. Monitor and Review

Keep an accident log and re-exami

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

Following aspects would a

ne it on a regular basis to learn from incidents that have occurred.

5. Examine slip and trip risks

The Health and Safety Executive recommend a 5 step ap

dd to the challenges in developing combination products:

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

proach to risk management when dealing with slip and trip risks and these are:

Step 1 – Look for slip and trip hazards around the workplace (e.g., uneven

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

floors, trailing cables, areas that are sometimes slippery due to spillages)

Step 2 – Decide who might be harmed and how. Are the people who come into you

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

r workplace at risk?

Step 3 – Consider the risks – do you already have precautions to deal with the risks?

Step 4 – Record your findings if you have 5 or

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

more employees

Step 5 – Regularly review the assessment. If any changes take place make sure that precautions are in place to deal with the risks

Mark B

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

Professional from academic institutions, pharmaceutical industries, health care indust

urdett of Northern Counties said, “When it comes to preventing slips, trips and falls happening getting conditions right from the start will make dealing w

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

ith risks easier. This can include choosing the right flooring, making sure lighting levels are sufficient, avoiding overcrowding and making sure access ro

.

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

utes are clear. By doing this the chances of an accident occurring will be greatly reduced and therefore so will your exposure to risk. And with certain in

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

Companies that provide selfless information through particip

surance companies now offering substantial discounts for good health and safety many businesses could also save money on their Business Insurance premiums”

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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