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Just Other Articles - Internet Business OnLine - Why Start Your Own On-Line Business
There are probably as many personal reasons as there are online business today, but most of those reaso
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
ns will fall into one of these seven categories
You Want to Pursue Your Personal Passion
You Want to Pursue Your Personal Passion
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
g> You may have a hobby that you are passionate about, and you want to commit yourself
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 that passion, and develop your own creative ideas.
You Perceive a Gap in the Market
You Perceive a Gap in the Market
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
>You have a specialized skill, and you see a need in the marketplace for your expertise. You want to ta
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
e advantage of that market gap because you think you can provide a product or service solution
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
You Know the World is a Different Place Today There has been a change in your circumstances -
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
ou are laid off, downsized, retired, fired, relocated , divorced, married, or whatever has changed your
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
personal world. Your job may have been replaced by technological change, so you may decide to use techn
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
logy for your benefit, and go online.
You Want more Money You want more control of ho
You Want more Money You want more control of ho
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
much you earn, and are intrigued by passive income. You Want More Free Time <
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
strong>You want to escape the 9-5 routine, have more flexibility, more control of your life, and your t
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
me
You Want to Be Your Own Boss You want to use your own entrepreneurial skills, and
You Want to Be Your Own Boss You want to use your own entrepreneurial skills, and
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
each those skills to your children
You Want the Prestige You admire those business ow
You Want the Prestige You admire those business ow
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
ers that have created their own stability, and tax benefits of owning their own business.
Do y
Do y
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
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
u see your [why] here anywhere…….? What is stopping you…..? [Why] are you still dreaming?
Ar
Ar
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
you like a lot of wannabe internet marketers ….you are suffering from information overload, you just d
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
n't know for sure where to start, aren’t computer whizzes, or fear getting ripped off .
Well when I go
Well when I go
.
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
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
started online almost five years ago, I wish I would have had a real mentor or a step by step guide to
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
help me learn what to do, and why not to do certain things……the lessons of hard knocks sucks by the way
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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