Top Adding - Home Based Business

They sound the same right? Not true! Let me break it down a

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

little for you.

Which of these 2 people would you choose

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

Examples of combination products may in

o rather be?

The first guy makes $1,000,000 a year. He has

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

the big house, the flash toys. But has to work 12-14 hours

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

a day 5-6 days a week.

The next guy makes half that, $500,

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

Combination pro

00 a year. He works 2-3 hours a day and has the rest of the

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

day to enjoy and do what he wants.

The First example is o

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

a rich guy, the second is of a wealthy guy. The difference

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

of being rich and wealthy, is that the wealthy have the ti

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

me to enjoy what they have. The Rich have the money but nee

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

to constantly keep working long hours to keep that.

That

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

Following aspects would a

s where a home business can help make you wealthy. How you

dd to the challenges in developing combination products:

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

ask? Simple, a good home based business should have a plan,

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

where you do the job once but keep getting paid for it over

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

and over again. This is called Residual Income. That is how

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

the second guy can afford to work only 2-3 hours a day. Be

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

Professional from academic institutions, pharmaceutical industries, health care indust

ause that person is getting paid weekly or monthly over and

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

over for doing a job once. So he can afford to only do a fe

.

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

w hours of work a day.

I don`t know about you, but I`d rat

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

Companies that provide selfless information through particip

er be the second guy. You?

Yours In Success,

Campbell Sha

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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