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Why Network Marketing? What's so special about network marketing? It is a simple, profi

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

table and duplicatable home-based business without the headaches and heartaches of a co

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

Examples of combination products may in

ventional business. It gives ordinary people an extra ordinary way to work smart and le

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

erage on thousands and perhaps millions of people worldwide!

In any business you have

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

o ask these three basic question and ask yourself is the business attractive to you bas

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

Combination pro

d on these three questions:

What is the start up cost?
How long does it take

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

o break even?
What is my ROI? (Return on Investment)

For network marketing yo

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

r start up cost can be as low as $200 to start, not $20,000 to $200,000 which you need

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

or a conventional business. For network marketing your break even period can be as fast

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

as the first month, not 2 to 3 years which you need in a conventional business.

I am s

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

re you have heard it many times and this is the truth!

You don't need an office or ret

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

Following aspects would a

il shop that may cost you $2,000 or more a month.
You don't need employees that ma

dd to the challenges in developing combination products:

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

cost you $2,000 to $10,000 a month
You don't need advertising that may cost you t

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

ousands of dollars
You don't have to be bogged down by administration work which i

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

taken care of by the company.
You don't have to stock up thousands of dollars of

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

roducts and be bogged down by stock checking and warehousing, again it is taken care of

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

Professional from academic institutions, pharmaceutical industries, health care indust

by the company.

You just concentrate on marketing and use the most effective way which

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

is word-of-mouth!

You can watch a videoclip of a song titled: Why Network Marketing?

.

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

o to:

http://www.youtube.com/watch?v=cF6wB2kwtR0

Feel free to use this article on you

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

Companies that provide selfless information through particip

website or ezine as long as the following information about author/website is included

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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