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However I'm still teaching to beginners, and I think that as a beginner you almost don't have the big en

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

ough picture to really be able to think about that $5000 or so product and the sales funnel to lead up t

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

Examples of combination products may in

it, I think that most beginners start out a lot like I did and they start out with a free product and t

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

ey add a $10 product and then they add a $47 product in. You know, then they add a $97 product. And in

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

that is a fine sales funnel.

The only thing is you're chasing your tail. It's almost like to driving a

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

Combination pro

ross the country and you don't know where you're going so you getting your car and you drive for a day a

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

d you find yourself 500 miles from home and you look around and you say that like to find somewhere nice

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

and so you drive a while and we find something nicer and you land somewhere else and you continue to do

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

this and then eventually you land on the other side of the country.

Let's just call that your final des

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

ination. Now imagine if you knew that your final destination is for example is here in America and you l

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

ve in Los Angeles and you want to get to New York; now you know what your final destination is. Then yo

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

Following aspects would a

u can either get in your car and use a map program online and it tells you exactly how to get there.

Yo

dd to the challenges in developing combination products:

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

drive there or for a few extra dollars to pay for a ticket you get on an airplane and fly across the co

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

ntry and you are there very quickly. But the only way that you can do that is to know where you're goin

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

, you have to know what the final location is. And while I know that it's difficult for you if you've n

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

ver made any money online to envision selling a $5,000 product or $500 product or even a $250 or a $97 p

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

Professional from academic institutions, pharmaceutical industries, health care indust

oduct I think that if you can picture yourself at the big end of that or the tiny entrance into that fun

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

el and say, you know my end result is a $500 product, who is going to purchase a $500 product? So once

.

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

ou determine the demographics of people who are purchasers of that product, then you can create your sal

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

Companies that provide selfless information through particip

s funnel in such a way that you're only attracting people who would eventually buy that high end product

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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