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A friend of mine recently emailed me to ask if I would look at a Telecommunications business opportunity.

So, being the open person that I try to be, I went and check

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

ed it out for him.

At first glance, I could tell right away that it was a network marketing company.

I have no problem with network marketing as an industry. In fac

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

Examples of combination products may in

, there are some very good companies within the networking industry, and ultimately, it’s how we all buy products and services anyway.

(Last time I went to Sam’s Club

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

I got a jar of pickles that was so big that…)

So basically, with the idea that this company is a network marketing model, you could hypothetically get paid on the ca

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

ls you make, as well as on the calls made by the people you refer. Those people can get paid on the calls their referrals make, and on and on, etc.

But, because it’s

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

Combination pro

a computer based dialer, it’s not like you’re making money from the airtime usage (which is one of the ways the now defunct Excel communications made their money, and

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

aid their distributors).

But here’s how this works.

You, as an end user, download the dialer to your computer, and it lets you make free calls to anyone via VOIP fro

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

your computer (to a Land Line or to another computer which has the software on it).

The company (which will remain nameless for purposes of this article), generates

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

heir revenue by running ads in their player while you’re on your call.

There was a program on the Internet that used to be very similar to this called AllAdvantage, w

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

ich (some people will remember) paid you according to how much time you surfed the web, and how many ads you saw while surfing.

In this case, the distributors and the

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

company get paid paid by advertisers, by the minutes or seconds that their ad displays on your computer. They likely also charge the advertisers by clicks (meaning) y

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

Following aspects would a

ou have the ad on your screen while you’re on your call, and you decide to click to see what the ad is about. The company then pays that click (let’s say through 5-10

dd to the challenges in developing combination products:

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

levels) to people who recruited people who recruited people, etc.

If the call quality is good, it might be worth it. It just depends on the end user.

I just signed

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

p for Skype though, which only cost me $30/year to have unlimited (and ad-free) calling from my computer to anywhere in the US.

But, for the people who don’t mind ads

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

this particular program appears to be free, and free is generally worth it.

But then, on further investigation of the site, it appeared that you could buy in at high

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

r levels in the compensation plan. When it comes to network marketing, this usually means that they’re taking some of what you pay to buy in at those levels, and usin

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

Professional from academic institutions, pharmaceutical industries, health care indust

it to pay the person who convinced you to sign up at a higher level. This is something I’m never really comfortable with, because people should get paid when product

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

and services are marketed, not when someone pays money to join the business.

“You mean I pay $500 to buy in, and $250 of that goes to the person who convinced me to

.

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

uy in?”

Oh yeah.

The moral of the story, be careful, and really think, before deciding that the next presentation you attend is going to turn into “the next big thin

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

Companies that provide selfless information through particip

.” Telcom is great, and there are a lot of people making a lot of money by marketing Telecommunications products, but really make sure you know what you’re looking at

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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