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Here are some tips that are proven to work

to increase your chances of creating a business opportunity:

1. Never leave without your busines

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

s cards! Before leaving your workplace or home, create a checklist that includes your business cards as a part of what you should have in your wallet. Even a

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

Examples of combination products may in

quick trip to a grocery store could be an opportunity to network.

2. Don’t save your business cards to yourself. Be generous. Give business cards ou

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

t to everyone you know, including your friends and family and always give two cards at a time to each person.

3. Send your cards in every piece of correspond

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

nce – letters, invoices and even your bills! Bills are often used as an advertising vehicle. Why can’t you advertise your services or skills in the same way?

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

Combination pro

After all, there is a live person who processes the bills on the other end!

4. Treat your cards right. Use a good-looking business card holder so yo

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

u don’t bend corners and produce the best possible impression on first contact with your prospect.

5. When ordering your cards, order more then a thousand
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
rong> – the cost per card will be substantially lower making it more cost effective.

6. Whenever you give out your business card, always ask for one in retur
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
n. Furthermore, make that person feel important by looking at what they have to offer. Furthermore, this usually helps to define a topic for a conversation t
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
us strengthening your networking.

7. Ask for referrals. This will work both ways – people feel more important when you ask them about referrals. Mor
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
over, it is natural for people to help when they're asked.

8. Take notes. After a networking event, always make notes on the back of each business c
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a
ard so you don’t lose an opportunity and remember the important things from a conversation.

9. Be on the other side of the table. Whenever you are a
dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod
a business conference or a job fair, you can improve your networking results by volunteering at the event. Company representatives and your potential prospects will
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
look differently at you, knowing that you can go an extra mile.

10. Use your business card to its fullest potential. Your business card is not just
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
ontact information on a piece of paper. It is a mini business presentation. The greater impact you can make on first contact with a prospect, the better your chances
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
re to stand out in the crowd and get more business.

Use the following for a better impact:

a. Brand yourself with a strong busines
ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust
s identity and a slogan.

b. Have it professionally designed – one time small design fee is well worth a your business image and will get you the res
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
lts with high impact design and quality.

d. Use the backside as a mini flyer or brochure. List more details on the services and products you provide
.

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
, including their benefits. However, be careful - do not put "everything you know" on it, or you may confuse your prospect. Remember about the attention span o
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip
a modern society.

e. Do not print business cards yourself simply because it adds an “amateur & unprofessional” flavor to your business image

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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