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There are some truths about having an online business that it seems like many people don't want to talk about. It seems that most everyone wants t

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

o talk about how simple, easy, and financially rewarding online businesses are while skating around some truths the entire time. Some truths that

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

Examples of combination products may in

can be incredibly expensive and time consuming to overcome. This is probably because of one simple thing. Most people online that write, advertis

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

e, or talk about the subject of online business Have on thing in common. They want your money in one way or another. In this articl

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

e I'm going to do my best to tell you some of the truths that I've learned, if for no other reason than to simply make you aware of them.

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

Combination pro

>Traffic Is Everything - This might sound simple, but I wasn't truly aware of it until I had our website up and running. Without traffic (t

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

hat is people visiting the website) none of it matters. Don't labor under the delusion that traffic will automatically come because you have a web

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

site, because it won't. You have to literally go out and get it, either by advertising (which costs money), writing A LOT of articles, or becoming

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

creative. Otherwise no one will visit your site, which means you will be lacking the "business" part of the term online business. All I can tell

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

you is to start researching ways to get traffic, because traffic is everything!

Be Careful Who You Listen To - There are a ton of

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

easels out there who have the "next big thing" to help you with your website. Be very leery of all of this and make sure you do your due diligence

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

Following aspects would a

on anything your going to try. Many people and companies simply want your money. Just be careful who you listen to.

Research SEO
dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod
> - SEO stands for search engine optimization, and you need to have at least a basic understanding of it. When we started, our weasel webmaster ch
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
arged us $50 a month to do our SEO, which consisted of him submitting our site to search engines for keywords we chose. This resulting in squat!
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What I've since learned is submitting your site is only a part of SEO, and a small part at that. But our weasel webmaster didn't tell us this, he
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
ust wanted the $50 a month. Educate yourself so you know what the weasels are supposedly helping you with.

Have Patience - When

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

Professional from academic institutions, pharmaceutical industries, health care indust

it comes to having an online business, patience is key. These things don't happen overnight, contrary to popular belief. Have patience and work d

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

aily towards your goals. All of this "get rich quickly" crap is just that…CRAP! Getting rich or being highly successful quickly simply doesn't ex

.

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

ist.

Hopefully one or all of these truths will help you on your online business journey. I know if I had been aware of them before w

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

Companies that provide selfless information through particip

e began, I would be much farther along. Never forget what Lao Tzu Said, "A good traveler has no fixed plans, and is not intent on arriving."

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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