Advice You - Internet and Businesses Online

E-Bay and Paypal are two giant firms which are involved in sales transactions of customers. E-Bay is an online portal

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

in which buyers could auction and bid items for sale. On the other hand, Paypal is the most popular online payment sys

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

Examples of combination products may in

tem used through credit cards. The teaming up of both firms is inevitable because E-Bay provides the goods to be purch

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

ased while PayPal provides the resources to be used.

E-Bay has indeed grown as the number one destination of online s

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

hopping through auctions. E-Bay offers a variety of choices when it comes to books, food, gadget, technology stuff, an

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

Combination pro

d many others. The variety and diversity of E-Bay makes it the most visited site whenever buyers are thinking of somet

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

hing to purchase. It is also a favorite destination for online shoppers who want to have a quality bargain of the item

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

s they want to buy. On the other hand, Paypal is the most reliable online payment system utilized whenever holding tra

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

nsactions. The firm claims that they have 16 million users worldwide. Despite of such successes for both firms, there

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

are still many criticisms regarding the nature of both businesses.

E-Bay is often criticized as a portal that is not

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

pro-buyers instead, it some people consider it as pro-sellers. Some buyers accuse E-Bay as not being true to their bus

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

Following aspects would a

iness and does not really live up to their word. On the other hand, Paypal does not really receive a lot of complaints

dd to the challenges in developing combination products:

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

but when it does, no one seems to mind. This is because their customer service department does not do their job well.

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

No one really assists the customers and when they reply, it seems like the customer waited for 20 years before an act

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

ion was done.

Due to the partnership of these two companies, many speculated that E-Bay would acquire Paypal. Many pe

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

ople were not in agreement to this deal because they believe that once E-Bay had acquired Paypal, the rotten service o

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

Professional from academic institutions, pharmaceutical industries, health care indust

f the firm would eventually be more than worst. Aside from that, competition would also diminish in the market. Despit

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

e the said speculations, both firms deny that a joint venture or acquisition between the two companies would happen. 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

oth firms insist that they would continue each other’s operations separately and not as a joint company. Both firms al

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

Companies that provide selfless information through particip

so expressed that their partnership between each other is solid but not to the point of collaborating with each other.

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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