Top Adding - Real Estate

When Rika and I sold houses years ago, we did well. Because we used Joint Ventures. The first house I sold, I hadn’t

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

even seen before. Worse still, I had never even read the contract. I got buyer to help me understand the contract! We

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

Examples of combination products may in

sold a lot. How?

How can hard working realtors differentiate themselves in a very competitive market, dramatically i

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

ncrease sales and create multiple, additional streams of residual income at the same time?

First, we used simple Joi

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

t Ventures to access the right demographic. You don’t need the access to people as long as someone else has it. We pi

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

Combination pro

ggybacked our marketing on existing distribution and used Host Beneficiary relationships. Then we used massive, added

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

value to differentiate ourselves, again leveraging other peoples’ resources at no cost or risk to ourselves. You don’

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

t need to own a cow in order to get milk. And you can get the milk at no cost, if you know how to offer real and comp

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

lling reciprocal value. Most importantly, we never “sold” – we solved the buyer’s problems. And we had no shortage of

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

inventory because we worked with our “competitors”. Only the egotistical, vain and stupid are afraid of their “compe

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

ition”. And I didn’t use a 15 year old photograph of myself on a business card or the back of a bus. We were real peo

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

Following aspects would a

le. Slick is scary.

We branded ourselves effectively, again using JV’s, so that we weren’t some unknown quantity. We

dd to the challenges in developing combination products:

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

were known and respected by leveraging relationships and exposure. So trust was never an issue for our prospects. Be

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

t of all, we created multiple streams of income, a serious back-end that far exceeded the commissions we earned. Fift

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

een businesses partnered with us to meet the needs of our clients and even those who didn’t buy houses from us.

The

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

oint Venture mindset is far removed from the “self employed salesperson” we see so much of today. It’s based on Zig Z

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

Professional from academic institutions, pharmaceutical industries, health care indust

iglar’s premise, “You can get anything you want out of life, if you’re prepared to help enough other people to get wh

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

t they want.” It takes a bit to get used to and understand. Knowing about something and actually using and understand

.

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

ing it are worlds apart. But, once you start using it, everything changes, including, I’m pleased to inform you, your

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

Companies that provide selfless information through particip

bottom line. This applies to any business or profession. You don’t have to try hard to persuade a starving man to eat

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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