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If you thought pricing an ebook at a lower price means selling more copies, then thin

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

k again! Sometimes, pricing an ebook at a higher price gets more sales. You see, pric

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

Examples of combination products may in

ing an ebook is not something simple that can be done in a minute. It needs to be car

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

efully thought out, just like the rest of your ebook business.

So, how exactly shoul

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

d you price your ebook? You will naturally want to recoup your business investment an

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

Combination pro

d make a profit. Obviously, you would want to acquire as much profit as possible, hen

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

ce the need to carefully price your product for maximum sales.

You need to consider

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

two things when you price your ebook: the amount you invested in the business, and ho

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

w much you want to earn for each sale. These two factors will determine what price yo

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

u should set your ebook at.

There are two ways to price your ebook. You can price th

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

m at just a little past the break-even point, or you can price it at a much higher pr

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

Following aspects would a

ice than the break-even point. This is not as simple a decision as it looks. If you t

dd to the challenges in developing combination products:

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

hink your product will sell like hot-cakes and you have been in the business long eno

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

ugh and have established a reputation, then you can price it at just a little higher

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

than the break-even point. You will depending on quantity of sales to bring you a lar

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

ge sale. However, if you anticipate slow sales, then you can price it higher, and mak

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

Professional from academic institutions, pharmaceutical industries, health care indust

e more sale. Of course, it can be argued it should be the other way around, but this

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

is the strategy that has been proven to produce the highest profits.

After you price

.

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

your product and put it out for sale, you can see how much the market values it. Kee

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

Companies that provide selfless information through particip

p in mind that every product is different, and will have different pricing strategies

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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