Advice You - Internet and Businesses Online

Is there a name for the opposite of "the Midas Touch?" I'm not talking about brakes and mufflers, here. I'm talking about the king who had the disturbing ex

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

perience of having everything he touched turn to gold.

In the end, it wasn't all that great-

I've just gone through a week-long period where everything I tou

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

Examples of combination products may in

ched, metaphorically speaking, turned into poop. I had the "poop" touch. This is a family 'zine. If you're over 30 and can handle it, substitute the proper

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

ord for "poop."

I first noticed it when I reached for the bag of garlic powder I bought at Whole Foods, and it came out of the cabinet upside down and unlatch

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

ed... making my kitchen floor look like the evidence room of the Hollywood Police Department. White powder everywhere.

The final straw was Wednesday night,

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

Combination pro

when I reached for my laptop to respond to a posting on a forum, and knocked a full glass of Shiraz-Cabernet into my Fujitsu Lifebook.

I immediately turned it

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

off and upside down- hoping for the best. The next morning, it was a rock. No light. Pushing buttons didn't generate any sparks at all. Dead.

I run all o

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

my businesses from this laptop- I back up most of the important data, but this is the only one that has all the software I use. I made a conscious decision 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 create a "business in a backpack," and that's just hunky-dory as long as the laptop works. It's a recording studio, a graphics studio, a video editor, a web

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

page creator, and handles my finances... when it works.

Bottom line, I was out of business. How to turn THIS into something good?

I took the laptop to my c

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

omputer guru and just took myself off the hook for a couple of days. Checked out.

There is a very comfortable coffee shop here in town, which has a computer

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

Following aspects would a

and internet access. After taking care of the absolutely critical stuff, I found a spot in the sun on the front porch, with cigar, coffee and water at hand, a

dd to the challenges in developing combination products:

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

d read a good book.

A non-internet marketing book.

I recommend it. The "poop touch" just went away.

I've been exhausted since the seminar... it was a hell

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

of a way to spend my fiftieth birthday.

So, two days on a sunny front porch smoking cigars and drinking coffee... excellent therapy. I'm recharged and reste

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

and ready to go.

Today my computer guru brought back the laptop- it's going to need a new keyboard, but other than that it's fine. I definitely dodged a bul

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

let.

Tomorrow, I'll go back to my death defying schedule. There ain't no such thing as passive income. If there is, I haven't seen it. I work seven days a

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

Professional from academic institutions, pharmaceutical industries, health care indust

eek on e-books, audios, web sites, coaching, and networking.

Except... I think... about once a month I'm going to pretend that my laptop got drunk again. Ju

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

st turn it off, put it in the backpack, and put the backpack in the bedroom... and go to the coffee shop.

Here's the surprising thing: the world kept spinni

.

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

g. My coaching program filled up. People kept buying my products. Nobody really noticed that I was out of touch for two days... I took two days off and got

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

Companies that provide selfless information through particip

away with it!

I may actually introduce the idea... slowly, so I don't startle myself... of taking a day off every week. I'll have to work up to that, though

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

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.adviceyou.org.ua/article/48452/adviceyou-Taking-A-Day-Off-Every-Now-And-Then-Can-Make-You-Money.html">Taking A Day Off Every Now And Then Can Make You Money</a>

BB link (for phorums):
[url=http://www.adviceyou.org.ua/article/48452/adviceyou-Taking-A-Day-Off-Every-Now-And-Then-Can-Make-You-Money.html]Taking A Day Off Every Now And Then Can Make You Money[/url]

Your business is special, but often the infrastructure of successful businesses are very similar. Read on to find out why the inner workings of your business isn't as different as you think.

Leaders make two types of decisions. They are ether conscious decisions or unconscious decisions. The former are traits of true leaders the latter are traits of phoney leaders.

Marketing is the most crucial elemement in the success of any business. To become execellent at marketing you must develop a marketing mindset. You must be willing to open your mind to new ideas, techniques, and concepts that other successful businesses are using and adapt them to your business.

Tags

Links

Advice You - Taking A Day Off Every Now And Then Can Make You Money

Related Articles: