Just Other Articles - Internet and Businesses Online

Today, we talk about 'Leverage Through The Power Of MANY' through the enormous numbers of the Internet.

The Internet continues to exp

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

and at an alarming rate...

The last I heard from the World Internet Summit 2006 in Singapore was that the Internet population will gr

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

Examples of combination products may in

w beyond 2 billion by 2010 (hey, that's just three years from now!

(For more details, follow this link: http://www.rogerloh.com)

Due

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

to this enormous number, the more eyeballs you get to your website, the chances for sales will be higher!

So, can you imagine your re

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

ults when you promote your website everyday over the Internet? There will be a snowballing effect that adds up over time...

Next, let

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

Combination pro

s have a quick look on the challenges of network marketing or MLM.

* * *

Does network marketing or MLM work?

Network market

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

ng (or MLM) is a GREAT concept! No doubt about it.

Whether or not you agree with that, the fact remains that it works. Otherwise, com

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

panies like Amway won't be around for 50 years and many become billionaires as a result!

However, for those who have gotten their fee

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

wet would agree with me that there are certain drawbacks (note that I'm not putting MLM down - in fact, I'm a firm believer) and he

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

e's just stating a few:

(a) Too much effort in meetings, presentations

(b) Too many rejections to face

(c) Not enough prospects

(d

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

Too many unknowns like unpredictable company leadership management, "people" issues like cross lining (after all, it's a people's bus

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

Following aspects would a

ness :->)

Again, I'm not saying that MLM doesn't work; just look at those who succeeded and getting 6-figure monthly incomes!

Now, w

dd to the challenges in developing combination products:

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

at if there's a way to solve the challenges of network marketing (a) to (c) above?

Frankly, I do NOT think anyone can offer a solutio

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

to (d). (All you need to do is recall that even BIG BIG companies have disappeared from the face of this earth just a few years ago.)

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

You only can do so much due diligence before getting started...

* * *

If we can combine the LEVERAGE Of "ONE" and "MANY",

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

we get the best of both worlds.

By bringing your network marketing business online, you enjoy these benefits:

(a) You don't need to

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

Professional from academic institutions, pharmaceutical industries, health care indust

e bogged down by meetings that never end...

(b) You don't need to face rejections in person anymore (no matter how much those leaders

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

tell you that it's absolutely necessary)

(c) You won't run out of prospects...ever!

Now, you get the BEST OF BOTH WORLDS:

- The Lev

.

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

rage Of ONE

Every of your downline member can potentially bring in hundreds or thousands of other downline members

- The Leverage of

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

Companies that provide selfless information through particip

MANY

You have a potential to bring in hundreds or thousands by getting your website in front of countless people online day after day

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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