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First of all, let's discuss how to identify a real wholesaler. This is a really simple step, and in the previous installment, we touched upon this topic. As I mentioned, no real wholesale supplier can or will sell to

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

the general public. For this reason, they must have proof that you are a real business owner before they can do business with you.

A real wholesale distributor will REQUIRE that you fill out an application and provid

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

Examples of combination products may in

e them with proof of your Federal and State Tax ID. If they do not ask you for this information, they are not a wholesale supplier. It's that simple. One step and you'll know if they are a real wholesaler or if they'r

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

e just masquerading.

You should really do your research before doing business with any company that doesn't pass this test. In most cases, you should avoid doing business with these types of businesses altogether. Th

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

ere are a few exceptions, and we'll touch upon those in a later edition of this ecourse.

The second topic I want to discuss today is how to protect yourself from fraudulent sellers. Unfortunately, there are a number

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

Combination pro

f scammers out there eager to take advantage of retailers. For this reason, I recommend that you purchase everything through one of two options:

1 - Pick it up and pay for it in person

2 - Use a Credit Card so that

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 may file a chargeback if you are defrauded by the seller

3 - Only use PayPal IF you fund the payment by a credit card. (Explained Below)

These three payment methods will almost guarantee your protection from who

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

lesale scams, and I only advise paying using another method if you know a supplier as honest, or you highly trust the recommendation of a colleague. When first doing business with a wholesaler, DO NOT use a money orde

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

r or cashiers check, and run the other way if you're approached by a seller wanting you to pay by Western Union. This is the payment method of choice for many overseas scams.

Every major business should offer credit

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

card sales as an option, and if they don't then it's probably not worth the risk of doing business with them. They should at the very least offer PayPal as a payment option; however, if you do use PayPal, please take

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

he following advice seriously.

If you pay attention to only one thing from these reports, please let this be it. If you are using PayPal, DO NOT FUND YOUR PURCHASE WITH MONEY IN YOUR PAYPAL ACCOUNT. Pay by credit car

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

Following aspects would a

d through PayPal so that you may file a chargeback through your credit card company if you are defrauded.

But why? PayPal offers a Buyer Protection Policy, and I feel safe with PayPal.

This is exactly what PayPal wo

dd to the challenges in developing combination products:

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

uld like you to believe, but it just isn't true. I know because I've been on the receiving end of a major beating at the expense of PayPal's worthless Buyer Protection Program. I made a purchase for $2500 with a compa

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

ny that I thought to be an honest seller. They didn't deliver, and I learned the hard way that the Buyer Protection Program is not all that it's cracked up to be.

PayPal's Buyer Protection Program will only protect y

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

ou if they can recover funds from the scammer. If they can't recover funds, you receive nothing. And of course, by the time they find out about the scam, the scammer is either long gone, or he's in custody and thousan

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

s of victims are trying to get their money back out of the little money that's left. PayPal will likely never recover funds from the scammer, and you'll never see your money again.

Your credit card company, on the ot

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

Professional from academic institutions, pharmaceutical industries, health care indust

her hand, will protect you from fraud regardless of whether or not they recover funds from the merchant. For this reason, you must pay for PayPal purchases with a credit card on file in order to be fully protected fro

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

m fraud.

So, before making any major purchases through PayPal, please follow these steps:

1 - Clear all of the funds from your PayPal account. You must do this because PayPal requires that you use funds available in

.

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 PayPal account first before external funding sources.

2 - With your account balance at $0.00, you can then use a credit card on file in your PayPal account to fund your purchase.

So now, in the event that some

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

Companies that provide selfless information through particip

thing goes wrong with the sale, you can circumvent PayPal's worthless customer service team and Buyer Protection Program and deal with your credit card company directly to file a chargeback and receive your money back

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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From the concept stage to the production stage, a good printing site in Los Angeles can enhance the experience of printing and employ quality services which can also have its positive results such as fast turnaround times and ease of delivery.

The success or failure of any business depends on the people who work for you. Hiring a new employee is a very difficult job. Finding the candidate with the right attitude, skills, and behavior can be exasperating. Even the best human resources manager can fail to find the right candidate.

In an age where everyone is practically well educated as a consumer, products are responding by becoming more refined. Without doubt, price, performance and features are extremely important considerations in consumer products, yet, any number of attributes, performance specifications or price enticements will not influence potential buyers if they do not essentially like a product.

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