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Useful Advices - Anytime Someone Tells You That Money Can Be Made Without You Doing Anything - Beware!
In my experience there are a lot of companies out there that make claims exactly like the title
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
of this article. In other words, you buy their product or service and they will then do the wor
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
and you will make money. This is a fallacy, unless of course your talking about interest beari
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
ng accounts. In this case, you are lending your money to a business, and they pay you interest
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
or using it. This is all well and good. The problem usually arises the moment that you begin l
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
ooking for a "business opportunity".
The moment you begin searching for a business opportunity,
The moment you begin searching for a business opportunity,
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
it seems like everyone and their brother comes slithering out of the woodwork trying to show you
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
how you can make money for doing next to nothing. The latest craze seems to be exactly what th
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
s article is about. People claiming that they will do the work for you.
If you run across some
If you run across some
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
one claiming such things, you should beware. This is simply not how things work. Think about i
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
, if it were as simple as that, why in god's name wouldn't everyone be doing it? If this were t
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
e case, everyone would be doing business this way. I'll save you some time and money…it's not t
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
rue!
Remember how your mother used top tell you that you can't get something for nothing? Of c
Remember how your mother used top tell you that you can't get something for nothing? Of c
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
urse you do, and was she right? Of course she was. If you're looking for someone else to do "w
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
ork" for you and then you receive the benefits, this would be getting something for nothing. Li
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
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
ten to what your mother taught you.
Remember what Charles Dickens said of honesty, "I have k
Remember what Charles Dickens said of honesty, "I have k
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
nown a vast quantity of nonsense talked about bad men not looking you in the face. Don't trust t
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
at conventional idea. Dishonesty will stare honesty out of countenance any day in the week, if 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
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
here is anything to be got by it." That is exactly what people are doing when they claim tha
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
money can be made without you doing anything. Beware of claims such as this my friends, beware
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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