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1. Is my Practice ready?

2. Am I ready?

3. What aspects add to/detract from the value of the sale price of

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

my business?

4. Would my key staff stay or leave if I do?

5. How long will it take to sell my practice?

6.

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

Examples of combination products may in

How do I find the right buyer for my business?

7. How long am I prepared to stay in the business once it is

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

sold ?(trade out period)

8. What is the opportunity cost of selling now vs later

9. How can I manage and m

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

nimise my risks while selling the business

If you are not clear on the answers to all the questions above, <

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

Combination pro

a target="_new" href="http://www.clarityinbusiness.com">CLARITY can help. Through our customised consult

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

ing service, we can assist you to transition and prepare for the sale of your Practice, to maximise your resu

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

lts. As a minimum, we typically work with you in the following ways:

- Work with you to establish how, when

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

nd under what conditions you would sell your business.

- Help you to omake your business ready for sale, in

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

a manner that maximises its potential value and sale price, and attracts the largest number of prospective bu

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

yers.

- Actively identify, attract, and screen, to find the right associates or buyers from the UK, NZ or Au

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

Following aspects would a

stralia.

- Assist you to develop appropriate marketing material for the sale of your business if required.

dd to the challenges in developing combination products:

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

Ensure you have access to the best commercial advice regarding legal, contractual, operational, and other re

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

quirements neccessary for the sale of the Practice, and

- Provide assistance and guidelines for a smooth ori

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

entation and induction of associates or other new staff if required.

And if you are planning to relocate to

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

another country, CLARITY can also help you sell your Practice in one country, eg UK, Australia, New Zealand o

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

Professional from academic institutions, pharmaceutical industries, health care indust

Canada, and to find a suitable Practice in another country. Where needed, we work with expert third party se

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

rvice providers to ensure all your legal, financial and practical requirements are handled by service 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

rs with international expertise.

CLARITY see this as a true partnership process, and look forward to sharing

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

Companies that provide selfless information through particip

the champagne with you when your business is sold for a much better price than would otherwise be attainable

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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Realtor or real estate marketing tools are those aids that will enable you to reach the largest number of prospective customers who are qualified at the lowest possible cost. You will find that there are a number of different avenues that can be taken in this. Marketing through email has seen a rather huge boom for real estate businesses in recent times. More often than not this involves mass, spam or bulk emailing. The message that you want to send out much firstly be targeted to a precise audience. You can reach out to the proper audience by targeting those individuals who are looking or are most likely to purchase real estate. You must ensure that you choose your proper demographics so as to locate the best market. You can purchase these email addresses from major companies on the Internet who are permitted by the customers to sell their respective email addresses.

There is nothing quite like peer pressure to make a sales force manage itself. How can you unleash people’s competitiveness? One of the simplest and best ways is by posting sales results in places where everybody can see them, recommends Dr. Gary S. Goodman, Fortune 1000 consultant, top speaker, and best-selling author of 12 books, including HOW TO SELL LIKE A NATURAL BORN SALESPERSON and YOU CAN SELL ANYTHING BY TELEPHONE!

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