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Robert Kiyosaki's Cashflow 101 game is a great learning tool. The following hints have been compiled so that you can get the most value you possibly can from the g

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

ame. These tips apply to real life as well, so keep your heads up.

1. Don't cheat. The purpose of the game Cashflow 101 is for you to learn so if you cheat you le

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

Examples of combination products may in

rn to cheat. Why make money illegally when it is so easy to do it legally?

2. Read the rules. You should especially read the three-hour millionaire piece on the b

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

ck of the Cashflow 101 rulebook. See also Robert Kiyosaki's Hot Tips page that comes with the game. Know the legal side of things and listen to the advice of profe

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

sionals.

3. Find learners to play it with. Find people who want to learn more about investing and money to play with. It is wholly different to play with people w

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

Combination pro

ith the same money and financial interests, than family and friends who play with you because no one else would. Some action is better than none, but better yet is

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

someone motivated to the action for his/her own personal reasons.

4. Know there will always come another deal. If you haven't got interest in a deal at this very

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

oment, know that the next deal of the decade is around the corner (or the next card in the deck).

5. Investigate your options. Don't let a shortage of cash let yo

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

out of great deals. There are other people in the game that might be interested in the deals only you've got access too.

6. Learn to share. Share deals - split t

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

he cost and the return if you feel the risk of borrowing the money is too great.

7. Understand the power of leverage. If that $1 deal comes along and you don't ha

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

e any cash, borrow if you must, but take it. This is just one example of how you can leverage of the bank's money for extraordinary returns.

8. Have backup in a c

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

Following aspects would a

lculator. Yes, you might know your sums pretty well, but it does not hurt to have a calculator handy for estimating how long it will take you to get out of the rat

dd to the challenges in developing combination products:

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

race.

9. Understand potential of grey areas in rules. Yes, rules and laws do not cover everything so there might be some loopholes. But rather than using loophole

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

s, set up a contract that at least two parties can agree to that is a win-win situation for both. Do not see the absence of rules as an obstacle, but rather see it

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

as an opportunity.

For the advanced player:

10. Play it real. Change the job cards to the actual jobs that some of your Cashflow circle members has and see how d

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

fferent people would get out of your financial situation. Example: Job Title - Store Checkout Clerk, Salary $1,500, Taxes $300, Monthly Cashflow $150, etc.

11. Pl

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

Professional from academic institutions, pharmaceutical industries, health care indust

y it real II. Change the Big Deal, Small Deal, Doodad and Market cards to reflect situations that you have been in personally, or where you might land in. Example:

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

Market Card - Lose all assets due to litigation; Doodad - Buy new computer for $1,000 monthly expenses goes up by $150; Small deal - Buy stock in a small-cap comp

.

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

ny (market card might either quadruple your money or lose your whole investment); etc.

12. Teach and learn. There is always some area where you will be better in

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

Companies that provide selfless information through particip

han others - why don't you teach them how they can get better at it. Give and then receive. Allow others to teach you in areas where they are more skilled than you

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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