Advice You - Business

As a graphic artist by trade, I never dreamed that I would be in the business of Faux Painting or Decorative Art. The thought never crossed my mind, partly because I was u

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

naware of how popular this beautiful form of art was becoming.

Ten years ago there was only limited information on the various faux painting techniques. Most referred to

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

Examples of combination products may in

aux finishing as “sponging” or “glazing”. In essence, the term was misused and for the most part, still is. I am referring to the fact that “FAUX” means “FAKE”, therefore

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

, to faux paint a wall means to paint it in a way that makes the wall resemble a specific surface other than just a plain wall, such as “marble”, “wood”, etc. The sponges

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

r glazes are just tools to achieve a certain effect on the wall.

I’ve read comments on faux painting message boards indicating the perturbation of professional faux finish

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

Combination pro

rs when uninformed clients refer to any type of decorative painting (besides murals) as “fauxing”. It used to bother me, too, yet through the years I’ve learned to accept t

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

he fact that those unfamiliar with the details of faux painting could care less about the terminology and more about the beauty of decorative painting instead.

So although

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

you have not been professionally faux painting walls, if you learn how to achieve a few easy faux finishing techniques, you can offer your services to friends and family an

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

they won’t care if you’re uninformed with the terms. As long as you can make their walls look beautiful, you can make some extra income on the side. Who knows - maybe yo

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

u’ll end up with your own faux painting business like I did. Start off by painting your own walls, then invite others to see your work. If they ask how much would you char

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

e to faux paint their walls, give them a relatively low price since you are just starting out and use it as practice.

If you ever plan to start your own faux painting busi

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

Following aspects would a

ess, you can get quite a few “practices” in and you can begin gathering photos for your portfolio. That’s how my journey began.

The wonderful thing about embarking on your

dd to the challenges in developing combination products:

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

own journey into the beautiful art of decorative painting today is that there are a lot more faux painting tools, classes, and books available than there was when I starte

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

out ten years ago. My suggestion is to start out with the simple faux finishes such as sponging and color blending. There are many textured faux finishes that you can le

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

rn but they are time consuming and the materials can be quite expensive. After faux painting literally hundreds of walls, I can tell you honestly that 90% of my clients st

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

ill choose “color blending” or “color washing”, including the “Old World Parchment” look. Why, because some of the textured finishes are too “busy looking” and the cost fo

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

Professional from academic institutions, pharmaceutical industries, health care indust

faux painting with texture is nearly double than what it is for non-textured faux finishes. Besides, once you get your foot into the door, then you can offer them.

St

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

rting your own business.

As in any area of business, learning from other professionals is always your best bet to get a jump start to succeed. If you are considering s

.

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

tarting a faux finishing or decorative painting business, I highly recommend reading books on how to acquire a business license, keeping your books and other important info

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

Companies that provide selfless information through particip

mation you need to know. There are some great e-books that are available online. Do a search for them. If you would like to visit my website, I have one that I recommend

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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A good interviewer will ask you if you have (or are expecting) job offers from other companies if they are interested in hiring you. If you are expecting (or already have) a job offer from a company, should you still go for an interview with another company? How should you handle it?

As an information technology consultant, you can assure that you get more repeat customers by making it easy for them to do business with you. This will also help build a long relationship and give you a positive reputation that will bring more customers to you in the future.

Crouching tiger, hidden message. Why plain English makes sense. Mr C Onfusion, the owner of Oh No Ltd sits waiting to be called forward in the surgery waiting room.

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