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I began selling on eBay in 1999 and have found it to be an enjoyable and profitable experience. I had owned a retail computer st

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

ore for a few years and decided to close it. I still had a lot of computer inventory and soon discovered eBay was a good resourc

; 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 for selling the parts.

This turned into an ideal situation as selling this way became a home-based business and the overhead

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

was very low. This was a plus to my income opportunity. A spare bedroom in the basement soon became my eBay selling room.

As ti

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

me passed, more people began selling computer parts and the margins were getting thin. I needed to come up with a new idea that

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

Combination pro

would keep my profit margins at an acceptable level. Instead of selling the computer parts, I would compile a list of my resourc

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

es and then sell the list as a wholesale resource. The computer wholesale list became an overnight success on eBay. The list has

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

cost me nothing except time, and I was able to sell the list several hundred times. I compiled the list in Excel and also in a

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

text file. Another option was to have it burned to a CD and then mailed to the customer. I charged an extra fee for the CD, and

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

sold quite a few that way too.

After selling the wholesale list for a few months, eBay changed the rules and would no longer al

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

low cross-posting the same item, and also limited the number of times the same item could be listed at the same time. This chang

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

Following aspects would a

e caused sales to drop, and I eventually stopped selling the list.

I still had the eBay bug, and was looking for other (http://

dd to the challenges in developing combination products:

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

www.auctionmanger.biz) eBay resources to sell. I started going to garage sales and looking for unique and inexpensive items. Thi

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

s was also another successful resource and lasted for about a year until more people started realizing this technique, and it wa

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

s getting more difficult to find the bargains.

The next resource I started using was going to auctions and putting the items I

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

purchased on eBay. So far, this has been another good resource and one that I still use. My best buys are when I can buy a quant

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

Professional from academic institutions, pharmaceutical industries, health care indust

ity of an item for a very low price.

One example was several boxes of HO scale train cars, engines and accessories. There were

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

over 300 items and I ended up paying $150. That came out to 50 cents for each item. There was a lot of work photographing and wr

.

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

iting a description for each item. The worked paid off as each item sold anywhere from $3.00 to $12.00 each, making a very nice

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

Companies that provide selfless information through particip

profit margin.

Selling on eBay is still a resource for additional income, and I am always on the lookout for the next big sale.

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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I can't tell you how many hours I've spent listening to answers to questions I didn't ask. Now, I'm not referring to general conversations, I'm talking about negotiating with others about the products and services they offer that could possibly help me. Anyway, it's been interesting. I would say about five companies lost my business because they couldn't get to the point and just give me the information I needed. Take a look at the article below to help you get to the point and be brief. It could close business for you I know it does for me all the time.

In order to make it in today’s business world you have to become an expert in whatever it is you are selling.

On-line sales have increased between 20 and 30% each year since 2001 and show no signs of slowing down.

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