Advice You - Internet and Businesses Online

How many times have you read or heard on the news that someone hit a state lottery? Winning Millions of Dollars.

The odds of winning a major state / multi-state lottery is for example: 1 in 120

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

,526,770 is your chance of winning the most popular multi-state lottery in the U.S. Power Ball.

Trying to guess which of the 1 to 53 and 1 Powerball number from 1 to 42 will come out on is min

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

Examples of combination products may in

d boggling and to make it even tougher; the rule is that you must get the 1 in 120,526,770 right on the night that you play.

No holding onto your ticket and see if it comes out in a couple of wee

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

s. If you don’t hit it on the date on your ticket. You can just trash your hard earned $1.00. If you purchased plays 10 then, just lost 10 of your hard earned dollars!

There is BETTER game for

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

you to play with better chances to win (sort of speak)! One day as I was cruising down the information highway I came across some information that made me slam on my breaks! People were playi

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

Combination pro

ng the NEW Lottery!

This Game is so cheap that it comes out to about 0.025342465753424657534246575342466 (my trusty calculator) per day to play. Being terrible with numbers I’m not even going to

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

attempt to figure out what the odds of hitting this lottery is! One thing I’m sure of… this NEW Lottery has to have much better odds! What makes it special to me is; it’s for those of US who lov

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

e letters and words.

I called it the Name Game.

One Play gets you a whole year to hit! Just about anyone can play it for less than pennies a day (refer to the 0.025 number above ….)

Simply com

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

e up with a domain name and buy it. Within days you could be on your way to Literally Millions!

Imagine if you were the one who came up with and bought Business.com.

You would have hit that Nam

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

Lottery for $8 million dollars! Yes, 8 Million! I repeat, that’s $8,000,000,00!

Business.com is the current record holder for that highest paid domain name.

It took the spot from Compaq who pai

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

d something like $3.300,000,00 million for the the domain Altavista.com back in February 3, 2000. You probably recognize the Altavista name now but before Compaq bought it, it was likely a big d

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

Following aspects would a

ude in the world of internet. Has these Million Dollar Figures made you decide to Play the Domain Lottery. If so here is a tip or two to get you started. The most popular web address (not the sa

dd to the challenges in developing combination products:

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

e as email address) end in .COM. The second most popular is .NET

The absolute major combination hit is to have a .COM consisting of just one word i.e. business.com if that isn’t available go fo

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

r it’s sister version business.net. These names all go for just under $10.00. (If they aren’t already taken!

Just thought of one could you could you hold on please while I go check it out? ………… T

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

hank you for waiting however I just tried business.TV and it is already taken and is probably up for sale. Once you purchase a domain name it’s yours. You can transfer it, let it just sit ther

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

or SELL IT!

In fact there is so much money to be made in domain names that there are companies who do just that. They put you domain name up for sale on their site!

You are charged a listing fe

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

Professional from academic institutions, pharmaceutical industries, health care indust

e; usually starting at about $50.00 to $250.00. If your domain is sold through their site you are charged a commission fee which can be anywhere between 5 – 10% of the purchase price.

During t

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

he research for this article, I came across one which charges just $0.79 cents to list a domain name and NO Commission fees.

All in all when you are getting paid $8 Million for simply coming up w

.

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

th a name.

I’d say that’s a great way to hit any lottery, without having to get dressed, hurry to the convenient store before the deadline cut-off time!

Now: What would I do if I hit one of t

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

Companies that provide selfless information through particip

hese Domain lotteries? I must state like many other multi-million dollar lottery winners. I'd keep working because words and writing is a part of me and is what I love!

Happy Domaining to You All

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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