Advice You - Business

I was driving home last week and it seemed that the traffic was a bit heavier than usual. As I watched the cars weaving in and out of traffic, changing

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

lanes, some taking the off ramp and others merging into the traffic, I thought how incredible it was.....

I mean here were all these people, driving

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

Examples of combination products may in

at top speed, going in every direction, zigging and zagging, slowing, speeding up and passing and it was amazing that we did not kill one another. It w

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

as almost like dancing or figure skating, as though it had been choreographed. But we were all strangers who would probably never see one another again

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

. How then was it possible for each to know the other drivers' intentions and position himself accordingly?

It is simply because we knew the correct s

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

Combination pro

gnals and how to read them.

99% of learning to drive is recognizing each signal and what it means. The other 1% is easy; you just stop, start and stee

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

r.

That is the way it works in the Internet world of Network Marketing. No, I do not mean we could kill one another with our browsers, although I HAVE

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

had quite a few crashes...(sorry, I just could not resist the pun.) I am talking about networking and being a part of the same team.

First we need t

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

o learn to market correctly. By correctly I mean we should learn how to use every marketing method available to us, learn it well, then teach it to oth

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

ers.

Not only should we be able to explain the procedures we use, but we should be able to explain the reasons why we do it the way we do. Learn to sp

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

ak with authority, learn to recognize the correct signals from others who are successful, then market like we mean it.

I am sure you have heard the ex

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

Following aspects would a

pression strength in numbers. I think it should be strength in Unity. There could be a million members in any given program but if they

dd to the challenges in developing combination products:

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

fail to pull together and work toward the same common goal, soon the program will collapse upon itself. I would rather have 10 dedicated members in my

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

downline than 500 sign-ups. Sign-ups are those who join something on a whim, never answer an email despite your many offers to help them, never even tr

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

y to market the program, then forget all about you and jump on the next bandwagon that passes their way. These people will never make a go of anything

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

hey join and they are what I have heard some marketers refer to as dead wood.

Communication is the key.... staying in touch with the other members of

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

Professional from academic institutions, pharmaceutical industries, health care indust

the program, learning from those who are more experienced and teaching what you know to those who are less experienced than you. Offering encouragement

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

to one another and a helping hand where it is needed. Keeping abreast of the updates and any changes that might be made. Gaining the trust of those yo

.

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

u personally recruit into the program and learning when to trust others.

I realize that network marketing is all about traffic, rankings, link popular

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

Companies that provide selfless information through particip

ity, page views and visitors to the website...but at the heart of the matter...every good marketer knows that it's a whole lot more than a numbers game

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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Remember when you first started your new business? You were excited and raring to go! You printed business cards, you created a business name and decided how much money you wanted to make. Then there was the honeymoon period. You were excited to get out of bed in the morning, get to your computer, make those appointments and follow up with new clients.

Knowledge is a philosophical concept defined by Plato as a belief supported by an account or an explanation.

Meetings are a fact of business life, but most most of them are frustrating and time-consuming. The results are rarely worth the time and effort of the many people involved. Yet meetings, if they are well planned, well organized, and have good leadership are the best way to have discussions and solve problems.

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Advice You - Market Like You Mean It

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