Advice You - Internet and Businesses Online

If you want to make money from boxing, I suggest you *don't* follow in the footsteps of Lennox Lewis.

As I write this in the spring of 2007,

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

it's rumoured that Lewis is considering a comeback in his 40s.

Lewis is that rare beast, a heavyweight champion who retired with his title in

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

Examples of combination products may in

tact, but they always say that fighters can't give up, and the lure of a big payday is tempting him.

It's rumoured that he could get $25 mill

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

ion for one fight.

Now that's a lot of money, but I don't suggest that you should get into the ring to make money from boxing! Let's face it

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

it is only the very few elite that make a lot of money, and most of them end up broke!

So, if we're not getting into the ring, how else can

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

Combination pro

we make money from boxing?

I want to cover 3 methods, including the technique I use.

Firstly, you could take up boxing promotion. Remember

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

how I said that most champions end up broke? That's because most of the money seems to end up with the managers and promoters. Although ther

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

seems to be a lot of money there, this is a route for the long term only - it would take years to build up a business of any note, and then y

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

ou'd still have to compete against the few who seem to control all the big fights.

The second method, and this is much more realistic, is to

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

become an affiliate. As an affiliate, you don't need a website, you don't need any stock, you simply send traffic to other companies' sites,

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

nd they pay you a commission of any sales generated.

There is a huge variety of things you can be an affiliate for - from equipment like glov

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

Following aspects would a

es and training gear, to tickets and pay per view subscriptions (this is where the bulk of the Lennox Lewis $25 million would come from.) The

dd to the challenges in developing combination products:

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

re is also memorabilia, books, dvds, posters, etc. In fact one of the consistently best-selling sports posters is of Ali standing over Liston

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

in the ring.

So although this can be a good revenue source, it has the downside that you are competing with all the other affiliates. Great

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

for the company concerned, not so great for the affiliates.

The third method is the one I use, and it's to provide information.

Boxing fans

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

will spend money - that's proved by the pay-per-view model, so if you can provide information on how they can earn money to cover their expens

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

Professional from academic institutions, pharmaceutical industries, health care indust

es, you have a willing market.

How about if you showed them how they could earn enough money to make trips to see the fights in person? To b

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

y all the books and videos they'd want, to indulge in collecting memorabilia - do you think they'd be interested?

You bet! Information can b

.

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

e produced and delivered without cost nowadays, and this is why I use it myself to make money - there is no reason why you can't too.

Hopeful

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

Companies that provide selfless information through particip

ly you've seen some various ways of making money from the sport of boxing- you can get further details by following the link to my guide below

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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