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Digg It - Hispanic Market Reality and Purchasing Power
How many Hispanic people live in the US currently. Well there are 35.2 million who are here legally and have 100% undebatable legal rights. Of that 35 million; 59.8 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 % were born here or 21.1 million. There are 40.2% here legally who were foreign born or 14.1 million. That is a hell of a lot of potential customers, isn't it? You ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in could actually have a business and only cater to the Hispanic Crowd to stay in business, think about it? There are Women only clothing businesses, then there are lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. businesses that only cater to over weight women, with large sizes, which you may say limits your market, right? Is it just that we in the automotive business are so here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe darn lucky to have a business that has more cars than people in it? Did you know in some states there are 2.2 cars for every man, woman and child? CA is one of th d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro em. For every kid there is a police car, school bus, Fed Ex van USPS jeep, think about it. Cars, boats, motor homes, motorcycles, etc. everywhere on every street al 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 l needing oil changes, wow. There is an interesting book that you should read if you do not comprehend what I am saying here; "The Hispanic Middle Class Comes of Ag 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 e" and also read; "Latinos INC.: The Marketing and Making of a People" BY Arlene Davila. Also if you think I am blowing smoke, then you have not been paying attenti nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
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