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Developing products can be a challenge in the home based business environment. Where do you go for a laboratory to crea

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

te and test new product lines? Where do you turn for new packaging and marketing? Where do you turn for help?

You’re t

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

Examples of combination products may in

here. YOU are the crack team, as Donald Trump says. So forget about looking around. You’re it. Here’s what to do for yo

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

ur own product development.

First find a need. You want sales, so find something people want. How? Communication is th

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

e key. Ask your friends, your contacts, your business associates, your clients. See what they could use to make their l

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

Combination pro

ves easier. Poll them, survey them, email them, call them. Post questions on forums and chat rooms. Be like television’

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

s Lieutenant Colombo (or the original Pink Panther) and enjoy the search, but don’t give up until you get your answers.

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

Second, get organized NOW, if you aren’t already. Take good notes as you go along. Keep organized, well-labeled compu

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

ter and print folders and files in handy places. Use an organizer with a calendar if you need to. Third, create a produ

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

ct based around the need you discovered above. No need to be Einstein or invent the wheel. Search and find others in th

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

industry to help and see how others did their product creation before you. Then copy their methods –not ‘exactly’, but

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

Following aspects would a

rather ‘similarly follow in their footsteps.’ I.E. read trade journals, search the Internet, review archived magazine

dd to the challenges in developing combination products:

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

articles, ask your local librarian to help you – and research “how to” get your idea off the ground based upon how othe

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

rs have done it in the past. Then team up, share ideas, share resources, share marketing funds and share revenue, etc.

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

with those experienced. Reach out and don’t be afraid to find help and share. No need to go it alone or be greedy.

Thi

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

d, along the way, get legal or other authoritative help as needed. Start with the Small Business Administration and fin

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

Professional from academic institutions, pharmaceutical industries, health care indust

d out if you need special permits, licensing, fees, contracts, legal structure, etc. Comparison shop, if possible, and

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

get set up properly.

Fourth, there are plenty of ideas to go around. After one success, you can move on and duplicate

.

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

it again and again. Do it. And give back to the community. Help others get their businesses established and growing.

I

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

Companies that provide selfless information through particip

n summary, product creation can be challenging. But the results can be so rewarding. So take the plunge and forge ahead

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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It's been said before, those in Direct Sales CAN write articles. It's true your target market is not those in business and writing business articles is not something that's going to benifit you. However, it's still possible to write articles that WILL benfit you and drive customers to your websites.

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