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If you are already in a small business and looking for another inexpensive way

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

to market or advertise, perhaps you want to try direct marketing or direct mail

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

Examples of combination products may in

? Have you already done some direct-mail marketing using those coupon packages

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

that are sent out by various companies to certain ZIP codes in your community?

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

The only problem with this is sometimes they only send them out about once pe

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

Combination pro

r month and you want your customers to come in more often to shop with you. Let

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

me tell you about a strategy that I learned in my 27 years in business and my

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

superior efforts for our franchise company in grassroots marketing in the commu

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

nities that we serviced. Our company a franchise company sold franchises that

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

do on-site outdoor cleaning service.

We found that we could often piggyback ou

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

r fliers that explain our services and put these advertisements into the invoic

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

Following aspects would a

es of other companies who would send them out of their customers and in trade w

dd to the challenges in developing combination products:

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

e would take their fliers and put them in the invoices to our customers and it

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

worked great.

You have to make sure that they are not competing against you an

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

d in their services and that the services are indeed complementary; let me expl

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

ain. You see we did on-site truck washing and another company did on-site oil a

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

Professional from academic institutions, pharmaceutical industries, health care indust

nd lube. The fleet owners needed both services and therefore it made sense to

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

co-op our advertising and each of us were sending out our invoices anyway it di

.

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

d not cost either of us to put the other persons flyer in the envelope. I want

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

Companies that provide selfless information through particip

to consider this in 2006; is this a possible strategy for your small business?

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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Via one of his swimming experiences Martin challenges us to review our activities to ensure we stay on top of our business game. Learning starts at birth but it's too easy to get stuck in the 'same-old, same-old,' too easy to neglect beneficial advances in knowledge.

The business card design tool is an online feature you can easily use to personalize your own business cards.

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