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Over the past 40 or 50 years MLMs have come and gone. Some MLM’s have had great longevity

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

but many others have disappeared without even being noticed. If the MLM you are looking at

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

Examples of combination products may in

has 6 key elements you can bet it is poised for longevity.

1- Good stand alone businessM<

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

br> 2- Good Training
3- Good Products
4- Large underserved Market
5- Tools<

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

r> 6- Management Team

1 – Good Stand alone business.

Being a good stand alone business m

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

Combination pro

eans can a person who doesn’t want to build a team make money. Can someone who just wants

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

to sell the product or service make a good part or full time income? Does the company actu

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

ally encourage people to be stand alone producer first and team builder second? Financial

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

services like Mortgages, Life or Health insurance might fit well in this category.

2 – Goo

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

d Training

Does the company offer good training? Do they have 3 or 4 conference calls week

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

ly? Do they have online training? Do they have growing upline managers that can help and

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

Following aspects would a

guide you? Do they have training targeted at the newbie? Do they have a reading list?

dd to the challenges in developing combination products:

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

o they have tapes and MP3's?

3 – Good Products

Does the company offer products and servic

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

es that people want and need? Are the products priced competitively? Do they offer free s

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

ales aides?

4 – Large underserved Market

How big is the Market? What percentage of the m

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

arket currently has the product or service? What percent of the market still needs this pr

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

Professional from academic institutions, pharmaceutical industries, health care indust

duct or service? Is this a growing market?

5 – Tools?

What tools are provided by the com

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

pany? Do they offer a sales web site? Do they offer a team building website? Do they ha

.

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

ve a lead generation system?

6 Management Team What is the combined experience of the man

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

Companies that provide selfless information through particip

agement team? Have they run other successful companies? Have they worked in this industry

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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