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There are always a lot of detractors when it comes to MLM, Network marketing or Referral

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

marketing. Most of these folks are like I was. I used to be negative on the industry as I

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

Examples of combination products may in

had joined about six different companies and made no money. In my mind the equation was J

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

oin Network Marketing = Lose my money!

One thing I did know was: I needed educa

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

ing on how to make money in Network Marketing. Once I found a company with a goo

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

Combination pro

d training program I made money but not as much as I wanted. My next company, which is st

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

ll paying me eight years later was much better.

The first two years got us up over 3,000

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

.00 a month. After that, our Network Marketing income has averaged out to be over 6,000.0

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

monthly without a lot of effort for several years.

During early 2003 I had a stroke and

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

was not able to work. My wife was home caring for me and yet our paycheck came i

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

like clockwork. Compare that to a regular job where the paycheck would stop and

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

Following aspects would a

your boss would hire your replacement within 30 days in most cases.

Don’t get the idea

dd to the challenges in developing combination products:

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

hat this business isn’t work, because it is. The hard work is concentrated in the first 2

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

-3 years and then, as you have leveraged your business with other people the work gets mu

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

h easier. At that point, you make the decision on how hard to work based on your personal

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

growth objectives.

I have worked for myself and done many types of businesses from adve

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

Professional from academic institutions, pharmaceutical industries, health care indust

tising & publishing to managing a service station and managing a self storage facility. T

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

here is no job that can compare to Network Marketing’s time and money freedom.

Your bigg

.

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

st obstacles will be finding the right company, the right mentor and being patient enough

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

Companies that provide selfless information through particip

to get through the learning curve that everyone goes through as they enter this business

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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