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Let me tell you a true story. A friend of my who likes to collect domain names was describing a few that he had acquired. While h

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

e has a wide range of domains in various categories, these particular domains were all related to web hosting.

Some of the domai

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

Examples of combination products may in

names were similar to existing web hosting company names (or derivatives of web hosting company names). Others simply had ‘hosti

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

g’, ‘host’, or a related term in the domain itself.

So my friend and I were talking and he said something like, “Yeah, it’s a sh

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 – if only I had the time to develop some content for some of these domains then I might make some money form them”. It turns o

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

Combination pro

t that he had no content on any of the domains – just parked pages, or no content at all. When I investigated the domains, it tur

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

ed out that there was a small but steady traffic stream that visited these domains. Some simply typed in the domain, others appar

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

ntly found the domain through a search engine that had categorized the parked page.

So I suggested the following to him – why no

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

use a service that will take the domain as is – with no content whatsoever – and suggest search options that generate revenue 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

each click? He took my advice, grudgingly I might add, and guess what? He made $50 the first month from just a few of his domain

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

.

He was so excited that he asked what he might do to further increase his revenues from his domain names. I suggested that he u

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

Following aspects would a

e his parking pages (these can be customized with some hosts) to test banners from affiliate programs with the highest paying hos

dd to the challenges in developing combination products:

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

ing companies. He placed only three banners at the top of his pages – with a brief description of the company’s product offerings

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

taken straight from their web sites. This also proved to be a great success – and his revenue stream increased.

My friend has si

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

ce invested some time and energy in monetizing his other domains. He has either pointed the domains to a pay per click search eng

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

ne, or listed affiliate links on almost every domain. This has turned a lackluster domain speculation business into a profit gene

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

Professional from academic institutions, pharmaceutical industries, health care indust

ating pay per click and affiliate business that requires almost no effort to maintain. Needless to say, my friend has taken my ou

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

to lunch a couple of times since then.

If you have parked domains and what to try getting paid for search results on those page

.

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

, check out this service offered by Sedo (there are others out there as well):

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

Companies that provide selfless information through particip

" target="_new">http://www.sedo.com/services/parking.php3

Good luck in transforming your parked domains into cold, hard cash

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

HTTP = HTML link (for blogs, profiles,phorums):
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BB link (for phorums):
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How close do you check your bills each month? Do you know which items on each invoice are supposed to be there every month? If you do not pay close attention to your bills you could find that there are many extra charges added on, monies that you shouldn’t be paying. Think that all of this really doesn’t matter? Think again, as a dollar here and a dollar there can add up and really bust your budget. Please keep reading and we’ll take a look at some common budget busting add-ons.

Sailing involves passion! You have to be impelled to do it. It's not even like riding a bicycle, which may be fun but will also enable you to get from A to B. Dinghy sailing is not a practical pursuit. You'll only do it if you really love it. Just like starting a business. Dinghy sailing may not immediately seem to have lessons for starting a business. However, my experience with both convinces me that it offers some valuable learning for entrepreneurs. Read why I think this is so.

Learn how to make money in a profitable niche without even creating a website...

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