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If you want to Sky Rocket your earnings to you need to find good partners. We have all heard those horror stories about bad partner

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

ships. Some of the biggest most successful companies in the world were results of great partnerships 2 that come to mind are Hewlet

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

Examples of combination products may in

Packard and TRW.

In His book The Richest Man who ever lived Steven K Scott stresses the importance of effective partnering. He al

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

o outlines 7 Red Flags to avoid when selecting a Partner.

1 – A Lack of Integrity
A partner who lacks integrity and is dishone

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

t will sooner or later be dishonest with you or more importantly your clients. Sure most if not all of us have lied or cheated now

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

Combination pro

nd then but the person who lies and cheats all the time is to be avoided.

2 - A Quick Temper or Deep Seated Anger
No one wants

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

to be yelled at. Sure we all loose our tempers from time to time. The person who is always angry and walks around mad at the world

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

is someone you don’t want as a partner. The Person who is quick to loose their temper is another one to avoid,

3 – Foolishness

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

Foolish decisions that are made by business can often be tracked to counseling with foolish people

4 – Anyone who offers a lot fo

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

a little The old saying if it’s too good to be true it probably is rings true here.

I have been looking at business opportunities

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

for almost 30 years now. I somehow always knew I wanted to be in business for myself. Many of those businesses promised great rich

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

Following aspects would a

s if you could just find 3 people who get find 3 people etc. Sure enough they were way to good to be true they were.

Recently I fo

dd to the challenges in developing combination products:

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

nd National Agents Alliance (NAA) and I have had 3 of my top earning months in the past 6. I seem to set new earnings records ever

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

3 months or so, NAA does promise great riches if you are willing to work. It is not get rich quick. It is not something for nothi

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

ng. You need to work and you are paid based on your production. My Motto is pay me what I am worth but don’t limit me.

5 – Excess

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

ve use of Flattery
There is a huge difference between praise and Flattery. Someone who uses flattery and not praise brings to

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

Professional from academic institutions, pharmaceutical industries, health care indust

ind a slick talking con artist

6 - Gossip and Exaggerate
Avoid people who talk a lot or perform little. Better yet avoid liar

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

. Years ago I remember seeing a political cartoon (back when the urban cowboy moviee was real popular). It was a picture of someon

.

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

wearing a big cowboy hat and the caption read all Hat and No Cattle.

7 – A Disregard for Rules regulation and Personnel Boundaries

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

Companies that provide selfless information through particip

Everyone knows someone like this. Someone who feels the rules don’t apply to them or always looking for that gray area or loophole

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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Stress can be found in any workplace. However there are a number of techniques that can lead to a reduction of stress and stress release. It becomes a combined responsibility of employers and employees. Some of these techniques are discussed in this article.

Export your products to Mexico and visit trade shows for your Food and Beverage.

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