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So you are thinking about buying a franchise are you, that is until you read the oner

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

ous franchise agreement and thought to yourself; What else does this company want fro

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

Examples of combination products may in

m me? My right arm, first born and soul? Yes, indeed it does seem like that in readin

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

these modern franchise agreements and you think to yourself who on Earth would sign

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

something like that? And yet there are over 500,000 franchised outlets in the United

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

Combination pro

tates and they account for one-third of every consumer dollar spent in our Nation.

M

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

any franchise attorneys will attempt to negotiate certain terms out of the franchise

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

agreement on behalf of their client and yet you may find that some of what is negotia

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

ed is indeed more of an attempt of the franchisee attorney to prove his self-worth. L

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

ook I am not down on Franchisee Attorneys, I am down on all of them. And look, I am a

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

retired franchisor and I have negotiated a few franchise agreements in my life, gener

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

Following aspects would a

ally my policy was not too. This resulted in less than 10 franchise sales over the ye

dd to the challenges in developing combination products:

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

ars for our company.

If you want to negotiate a franchise agreement with a smaller f

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

anchisor, you need to have an open dialogue and talk about fairness. Larger franchisi

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

ng companies are liable to simply tell you “no way” non-negotiable. You need to be no

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

-threatening in your demeanor. You need to explain your value to the franchise system

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

Professional from academic institutions, pharmaceutical industries, health care indust

and how you can also help the franchisor and franchise system.

You need to demonstr

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

ate your hard work ethic and teamwork and social skills to get along. Then and only t

.

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

en can you expect me, the franchisor to listen and start to consider your points of c

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

Companies that provide selfless information through particip

ontention for possible modification of the franchise agreement. Consider this in 2006

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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There are several symptoms to bipolar disorder that are often attributed to mood swings or disregarded as insignificant. However, manic depression is a severe disorder

Today, Indian industry is extremely fragmented. In the organized spinning sector there are nearly 2300 players with 280 composite mills, There are 1000 weaving units and around 1,45,000 independent processing units and innumerable garment makers. The position of machinery technology is not well apart from the spinning sector. Nearly 100000 modern shuttleless looms are needed to set up and to satisfy the target by 2010. Processing sector will also require big amount of up-gradation. It is calculated that a total investment of 35 billion dollar might be needed to achieve the growth intended by ICMF.

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