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Are you streaming music online? If so are you aware that if your music is copyrighted mater

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

ial you have to be licensed to stream that music. It is perfectly legal to purchase a cd an

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

Examples of combination products may in

d rip the songs to your computer for your personal use. It is not legal to stream that musi

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

over the internet without the required licensing.

Streaming audio is considered broadcast

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

ing same as your local radio station and is therefore subject to royalty payments. There se

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

Combination pro

veral thousand internet broadcasters that stream copyrighted music over the internet. Their

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

options for having their streams licensed used to be limited to going to through the same b

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

asic process as any radio station which resulted in fees of around $2000.00. Quite a high p

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

rice to pay just to stream your music collection over the internet. Not to mention they hav

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

to go by the rules and guidelines provided by the licensing agencies. Fortunately In the l

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

ast few years alternative licensing opportunities have became reality. Now the average inte

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

Following aspects would a

rnet user can stream their music collection and be licensed to do so for less than $20.00 a

dd to the challenges in developing combination products:

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

month.

Several sites exist that can license your streaming music, for this article I will

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

reference Loudcity. Since I wanted to create my own online radio station I knew I needed li

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

censing. After some in depth research I chose Loudcity to be my licensing agent. After read

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

ng their licensing guidelines, which were easy to understand, I opened an account. It was a

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

Professional from academic institutions, pharmaceutical industries, health care indust

n easy set up after that. Their forums provided answers to most questions I had. Within 5 m

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

inutes I was legally streaming my music collection and others were listening. Licensing is

.

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

ery important as the fines very high if you are caught streaming copyrighted music unlicens

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

Companies that provide selfless information through particip

ed. I highly recommend using a licensing company such as Loudcity to keep your stream legal

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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