Key Considerations for Developing Combination Products

Truly innovative products can improve the effectiveness of medical therapies, help to achieve efficiencies, and thus become part of sustainable solutions to health care challenges. In particular, there are significant opportunities for companies to take advantage of an emerging trend-the convergence of pharmaceuticals and medical devices in combination products. Often without the expertise to develop their own drugs, many medical device OEMs are looking for partnership and licensing opportunities with pharmaceutical companies or hiring pharma experts.