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For those who have been in network marketing, choosing the right sponsor is as important as choosing the right compa

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

ny to work with.

It is important to choose a sponsor who will lead you in the right direction and who is successful

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

Examples of combination products may in

enough to be able to show you the ropes.

Some factors you might consider when choosing a mentor and sponsor are:

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

1 Personality
Your sponsor should be a person that you feel comfortable enough with to call him/her wi

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

thout feeling awkward. Your personality should be compatible with your sponsor's. If you are a needy type and your s

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

Combination pro

ponsor is aloof , direct and results oriented, the match may not be made in heaven.

2 Time Zone
This ma

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

y seem a simple one, but if you live in Hawaii and your sponsor lives in Bermuda, you may have more time constraints

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

in contacting your sponsor on an as needed basis. I am not saying that if your sponsor lives in N.Z. that he/she is

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

not a good match, but again it goes back to how much one on one hands on training you require. If you are able to f

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

ollow directions, having a sponsor on the other side of the world may not be an issue for you.

3 Success

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

It is important to join a successful sponsor and if your sponsor is also new to the business, then he/she should b

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

Following aspects would a

e part of a successful group. However, I am sure we have all had the experience of joining someone who is just too s

dd to the challenges in developing combination products:

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

uccessful, who is just not available for answering questions, support or training. You should be able to get your sp

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

onsor on the other end of the phone more frequently than not.

4 Tools
The perfect sponsor should have d

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

eveloped a system outside of the corporate marketing box. It should consist of tools, support systems, training th

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

at is unique to him/her, giving you an edge over the other groups in the same networking business. Having access to

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

Professional from academic institutions, pharmaceutical industries, health care indust

a duplicable unique sales proposition with bonus tools could mean the difference of getting the sale or not.

Who is

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

your perfect match?... only you will know, but do not fall for the 'I spoke with you first, so you need to join me

.

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

in the business' sales tactic. This is not the case with network marketing. Shop around, interview different sponsor

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

Companies that provide selfless information through particip

s on different teams and find the mentor who has the personality, skills, time and tools to help make you successful

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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