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Cancun, do you want to live here for a couple weeks a year? Hey if you want to learn how come attend a quick information session and we will giv

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

e you two tickets to a great show at the resort.

Have you heard something like this before? It is a pitch for a time-share my friends got in Me

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

Examples of combination products may in

xico. The funny thing is I know people that sell time-shares in that area. Do you want to know the inside story on them? Well lets just say, the

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

y make a lot of money, I mean a lot. The kind of money millionaires make.

How is that possible, when you heard the sales pitch it was a great d

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

eal. There can not have been enough room in that price to pay a big commission. The commission was not big it was HUGE.

I am amazed at dinner p

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

Combination pro

arties with 40-60 year olds just how many of them actually have time-shares. I sometimes ask how they like them and of course they have not used

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

it in years. Or for the ones that do use it, their first comment is not how great it is but that they got it a long time ago and it was cheap.

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

No, no it was not. It would have been crazy overpriced then as they are now.

There is a time-share near me in a little resort town. They will l

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

et you stay for three nights in the hotel, meals, and $100 gift certificate all for “free” if you listen to their 3-hour presentation. They have

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

been doing this for 10+ years in this resort. Do you think they are losing money on this deal and they just have not figured it out yet? No way

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

, they are making a killing.

I attended my one and only timeshare presentation at Kissimmee, Florida, AKA Disney World. It was for two $50 tick

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

Following aspects would a

ets to get into Disney. We toured all these townhouse like buildings and then entered a huge room filled with about 500 people. Every few minute

dd to the challenges in developing combination products:

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

s someone would stand and shout “welcome our newest members” and everyone would clap. I guess they bought in.

I heard out the salesperson, did

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

the math in my head and said no thanks. He called over ‘the closer’ and he began to tell me how dumb I was. I figured showing him the math would

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

not help so we agreed I was too dumb to own here and we would be on our way, of course with our $50 tickets. I would never do it again for $500

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

tickets. The atmosphere in that room was amazing for selling. For people that are not great at math his offer looked great until you did some f

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

Professional from academic institutions, pharmaceutical industries, health care indust

uture calculating.

I leave the math to you, just realize all your friends that own them defend that purchase emotionally, never with the cost o

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

f it. Think about that. Also you may have noticed on one of your television stations a commercial that runs every day. It is a company that guar

.

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

antees to sell your time-share before your next payment is due. If they were such a good deal why would anyone be in such a hurry to unload them

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

Companies that provide selfless information through particip

?

My advice is take the money you would spend on a time-share and you go where you want, when you want and stay there. You will be glad you did

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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Within an organization, departments may have very different opinions about how well they are doing, and how well, or poorly, other departments around them are performing. These disagreements stem from a lack of clear standards for evaluating internal service. This can lead to...

If you own a mobile car washing or auto detailing company you know that some of your best clients will be corporate clients and you also know that when you are in the parking lot cleaning, washing or detailing cars that other employees will hire you. In fact often you will literally stuck in the parking lot all day cleaning and detailing cars.

There are persuasion techniques that you can learn with a lot of practice. Then there are ones like these that can be learned in a few minutes and used today.

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