Advice You - Business

Ever wonder why there are a million scratch and win game cards at your local convenience store or gas station? They are there

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

because governments take in millions of dollars from these lotteries. It's time you got into the action.

People today are all

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

Examples of combination products may in

looking to get rich quick. With high rates of borrowing and ever increasing bills, people are lining up to get rich quick. Put

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

down a dollar or two to win tens of thousands, seems easy enough. It really is easy enough for both the lottery player and 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

government. Smart marketers are now capitalizing on this success. What if I could raise your sales by 25 to 40%, or increase

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

Combination pro

your customer base by the same amount, would you be interested? Of course you would. Traditional flyers advertising specials a

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

e becoming ineffective. When a pile of sale flyers arrive with the newspaper, chances are you are like me, and they go right i

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

nto the trash. Now if you used those marketing dollars more wisely you could really end up with a great return on your investm

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

nt. It takes money to make money, but the trick is to make lots of money. Traditionally scratch off game cards needed to be ru

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

n in the tens of thousand or millions to be cost effective.

Today with new printing technologies, we can reduce this number t

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

hundred or a couple of thousands. You can run specific promotions for limited times to get and ever increasing return. Scratc

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

Following aspects would a

h cards can have both an instant win prize as well as a collecting long lasting purpose. You can decide if everyone will be so

dd to the challenges in developing combination products:

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

e sort of winner as well you can control the odds of winning larger prizes. Today scratch off cards can offer both monetary sa

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

vings (5%,25% or more off), or product prizes. Both drive traffic to your store, product or web site. The key is to entice you

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

customer enough that he will investigate your product or service further.

Today with variable data printing you can run fun

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

games like poker or "Deal or no Deal" cards to increase a customers participation rate. All of these capitalize on the consume

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

Professional from academic institutions, pharmaceutical industries, health care indust

s desire to win something, have fun and need for ease of use.

If you need help with your new promotion investigate on the net

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

or take a look at some samples at http://www.solutionsink4u.com or

.

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

ive me a call. I'd gladly give you some pointers or help to make your next campaign a great success.

Steven Schneidman
s

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

Companies that provide selfless information through particip

teve@solutionsink4u.com
514-337-2238
www.solutionsink4u.com

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

An expense report is the statement covering all the expenses of official or personal travel of an employee that is to be submitted to the employer for the purpose of reimbursement. Expense reports also serve the purpose of personal record of the expenses or for accounting and tax payment preparation. The expenses generally include air/train fare, hotel accommodations, food expenditures and other travel-related expenses. Often, the employees take too much time for the submission of expense report, but the process should be quick. The process of expense reporting can be made simple and quick only through automation with web-based expense report management software like Expense Management Automation (EMA) and Ceridian Expense Manager.

Career changes for nurses who want to get into pharmaceutical sales or medical sales.

Most all businesses do customer service surveys to make sure all their customers are happy and sometimes they send them in the mail and sometimes you can fill them out at the counter and drop them in the mail. Customer surveys give important feedback to the business owner or corporation on ways they can improve their services and products.

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Advice You - Scratch and Win, How Both The Contestant and Retailer Win Big!

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