Useful Advices - Business

Skilled Independent Migration has become increasingly popular with a number of countries, including the UK, Canada, Australia and New Zealand. Essentially, Skilled Independent M

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

igration allows individuals with strong experience and/or education to migrate to another country with the right to work WITHOUT first needing to find an employer to sponsor a w

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

Examples of combination products may in

ork permit. This gets round the problems faced by people seeing great jobs that they cannot apply for because the employer is unwilling to sponsor their work permit.

The purpos

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

of allowing people to enter the country with the right to work already gained is to encourage the entry of people with exactly the skills that the country needs. These visas te

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

nd to be more flexible for the individual as they do not tie the person to only one company.

United Kingdom

The HSMP (Highly Skilled Migrant Programme) is a points based syste

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

Combination pro

. Applicants are awarded points for their education, experience and previous earnings and must be awarded a minimum of 65 points to qualify. Applicants who are under 28 will get

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

points for this and find the criteria for other areas easier in terms of lower criteria for points being awarded. MBA students from certain universities around the world are al

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

o awarded HSMP purely based on their education. The HSMP Visa allows for an initial one year period, with a further three year extension to be applied for at the end of the firs

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

t year. This scheme has proved very popular since its creation. You can use an online points calculator to get an idea as to whether you are likely to qualify, such as http://ww

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

.skillclear.co.uk/hsmp-highly-skilled-migrant-programme-points-calcultor.asp

Canada
The Federal Skilled Worker Visa is again a points based system, but rather more complex

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

than the UK version, with additional points being available in a wider range of areas. These can include points for having a relative in Canada, for having a job offer, for Fre

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

Following aspects would a

nch and English language skills and more. This Visa takes a considerable time to be approved presently, but many feel that the opportunities available in Canada make the wait mo

dd to the challenges in developing combination products:

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

e than worthwhile. Again, there are online points calculators available to find out if you qualify, such as http://www.skillclear.co.uk/canada/canada-skilled-worker-points-calcu

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

lator-1.asp

Australia
Skilled Workers wishing to migrate to Australia face two main options - the full Skilled Worker Visa and the Skilled Independent Regional Visa. As it

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

name suggests, the Regional Visa allows you to work in a specific region of Australia and is designed to encourage development of these areas specifically. The full Skilled Wor

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

ker Visa allows you to work anywhere in Australia but requires you to gain a higher level of points. Again, these visas are more complex than the UK version.

New Zealand
N

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

Professional from academic institutions, pharmaceutical industries, health care indust

w Zealand is working hard to encourage skilled migrants to move there and have lowered the pass mark from 195 points in 2004 to its current level of 100 points. As with Canada,

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

having a close relative in New Zealand will gain you extra points and previous work experience gained in New Zealand can also gain you extra points.

For individuals with good e

.

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

ucation and/or experience, there is a strong initiative in these countries to try and encourage you to bring your skills and experience to their economies, representing increasi

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

Companies that provide selfless information through particip

ng options available for individuals to experience different cultures and career opportunities.

SkillClear Immigration and Work Permit Services
http://www.skillclear.co.uk

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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