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My email is bombarded on a daily basis with offers to try this or that scheme to earn money online or work from home. Probably 99% of these schemes will

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

fail or are just a way to get your money and then you never hear from them again. Also, if you’re like me, you don’t want to spend a lot of money on 's

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

Examples of combination products may in

tart-up stock' of say health products or vitamins to sell via a multi level marketing scheme. Who wants to fill their garage with boxes of items which m

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

ay never sell? Instead, I'd rather spend my money investing in a strong foundation setting up my own business.

Last year I attended a seminar on how to

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

start your own business by earning money on the internet. The advice given was quite informative and helpful but there was a catch. By the end of the

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

Combination pro

seminar, you had to decide whether you wanted to commit your hard-earned money to this company. To some it may not have been a lot of money (around $250

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

0), but to others, this was a month’s wages. I would say over 40% of the 600 attendees signed up that day, however I was not one of them.

I took the in

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

formation I had gathered and thought why can’t I do this myself? Essentially, the company was offering you one of their websites, full 24/7 support and

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

other tools. They were talking about Affiliate Marketing. I had never heard the term before this.

Affiliate Marketing is a way for would-be entreprene

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

urs to earn extra money without the need to physically stock the products being sold. You act as a middle-man or affiliate for one or more merchants and

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

receive commission for sales made through your website. You can select from thousands of online merchants and decide which ones you want to promote. T

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

Following aspects would a

hey will pay either a fixed amount or a percentage of proceeds from each customer sale referred by your site. Even if you have no prior experience in sa

dd to the challenges in developing combination products:

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

les or website development, you can develop your own site and be up and running in a matter of hours.

Advantages of Affiliate Marketing:

- Low start-up

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

costs
- Easy to get started
- Loads of free resources available on the internet
- Earn money 24/7
- No need to rent office space, st

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

ock goods or employ additional staff
- Your website can sell to customers worldwide

To get started, you will need:

- Access to a computer!
-

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

A website (this can be free or hosted)
- A domain name
- Website creation software (many website hosts offer free tools)
- Membership to A

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

Professional from academic institutions, pharmaceutical industries, health care indust

ffiliate Marketing partners

After completing your website design you should fine-tune it to attract more visitors and look into SEO (search engine optim

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

ization), listing with search engines, creating links, writing articles, etc. Do a Google search for free Affiliate Marketing tools and you will find th

.

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

ings such as free rebrandable e-books, reports, articles and even software.

Once your website is up and running and you have marketed it effectively to

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

Companies that provide selfless information through particip

attract visitors to it, you will see the money ticking over, enabling you to save extra cash for that holiday, new car, house or ….? The sky's the limit

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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BB link (for phorums):
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