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Sociologists put 100 people in a room for fifteen minutes. They secretly instructed two of those people to say only negative things

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 the other 98 to say only positive things. Guess how long it took the two negative people to find each other and talk? Fifteen

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

Examples of combination products may in

minutes! Like attracts like.

Some entrepreneurs love to blame their bad financial circumstances on others. But when things are go

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

d, they’re quick to take credit for it. That doesn’t make sense. Two entrepreneurs in exactly the same city, same market, selling t

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

he same products for the same price: one makes a fortune while the other one goes bankrupt. And the loser tells you it’s the fault

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

Combination pro

of the government, the weather, the market, the competition. And when you ask him how he explains his competitor’s success, what do

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

s he say? He accuses him of dishonesty, greed and underhandedness. The tall trees catch the wind.

Everything we have is what we ha

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

ve created. Nothing comes TO you – everything comes THROUGH you. YOU create your success and your failure. Naming, blaming, complai

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

ning and shaming, is loser behavior. It’s not WHERE you are, my friend; it’s WHO you are. We attract what we are. Our minds are mag

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

ets. “If it’s to be, it’s up to me.” It’s all about taking responsibility. We get back what we send out. “Whatever the mind of man

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

can believe and conceive, it can achieve”, Napoleon Hill told us. At a seminar I presented last week in Ottawa, I told the audience

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

Following aspects would a

, “The only people in this audience who will get restless, indignant and uncomfortable when I use the word, ‘Loser’, are the losers

dd to the challenges in developing combination products:

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

”

Business success or failure is no accident – it’s simply a RESULT – a CONSEQUENCE. We reap what we sow. People who are always te

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

lling me they’re afraid of getting ripped off or unconsciously attracting shysters. They get what they expect. They create their ci

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

rcumstances just as surely as if they were baking a cake. Earl Shoaf said, “Let’s not be reflectors of ideas like a moon – let’s be

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

creators of ideas like the sun!” Let’s take control of our thoughts and our attitudes. Let’s focus on solutions instead of problems

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

Professional from academic institutions, pharmaceutical industries, health care indust

. Let’s set high goals and mix with winners. Don’t think of lack and shortage; think of abundance and prosperity. “I am an unstoppa

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

ble Money Magnet.”

Farmers who reap great crops sowed good seeds and carefully nurtured them. The same goes for entrepreneurs. Whe

.

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

people say of you, “Everything he touches turns to gold”, it’s because you are causing good results. It’s no by chance that you su

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

Companies that provide selfless information through particip

cceed; it’s by choice! Let’s take charge, take responsibility and take the prize! You can find more information at www.jvwisdom.com

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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Shipping companies deliver great services, if you know how to use them. this article explains the rules of interaction between the customer and the mover.

There are peculiar natural qualities needed to make a good salesperson, and if you do not have these, you’d better turn your attention to some other career, for you cannot succeed here. Yet two men who are equally good salesmen, may be almost totally unlike. Almost. They must be good judges of human nature. How shall you become a good judge of human nature? You might as well ask me why the violets are blue; I cannot tell you.

Nobody notices normal. An article on how to embrace your uniqueness in business. How to take assumptions and shatter them. How to think outside the box by looking AT the box.

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