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  • Advice You - Social Networking and Music: Let the Bands Play

    Social networking and music go almost hand in hand and Myspace puts it together in the same package. Music is all about raging horm
    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
    ones and the famous rock stars of yesteryears will nod their head in agreement.

    In a community like the one provided by Myspace, a
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    music fan can have a whole new community experience. It is larger than life experience where he/she can get to connect with more p
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    eople than they can ever think of. This type of social networking will change people’s perceptions and the way music is marketed an
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    d sold. It not just about US but this change will take place globally. It seems like Internet community has finally come of age.

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

    Combination pro
    e New Age of Internet Community

    Now that the Internet community has come of age, let us take a peep into how it emerged. It is thr
    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
    ough a simple process of communication. One fan, say of Metallica will hear a song and if he/she likes it then they will tell other
    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 about the song on chat or email. There are fans who also talk about the song on the message-board, so that everyone gets to know
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    about it. One fan passes to 10 others, each one of them passes it forward to ten more, and the cycle just goes on.

    This is the fas
    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
    test, free and the most reliable mode of communication. You would probably ask now whether this process could get any revenue for t
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    e artist. Not really, but then this promotes the artist and his/her album globally. This kind of a promotion will further lead to s
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    ales of cd’s, dvd’s or cassettes.

    This is a major paradigm shift where music marketing is concerned. This means that now the brick
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    -and-mortar distribution can be bypassed, and at the same time, severely curtail the illegal forms of "promotion" through radio. Th
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    is has been made possible owing to a variety of online communication through music forums, music websites, blogs (web logs), and ma
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    ny more. What MySpace.com has really done is that they have all of it together under one umbrella. Myspace is one of the fastest gr
    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
    owing information destinations for bands, fans, filmmakers, writers, artists, and record industry professionals.

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

    Professional from academic institutions, pharmaceutical industries, health care indust
    reated by Chris DeWolfe and Tom Anderson and has been a roaring success so far. It is climbing fast on the popularity charts and ha
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    s caught many industry people by surprise. The main Myspace site is dedicated to pure social networking, but a special section call
    .

    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
    ed Myspace Music is a different world altogether. It is probably one of the most innovative ways to reach out to the web audience o
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    f two million users in the network. Myspace Music is also a very useful tool and can be used to launch unsigned and budding artists


    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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    BB link (for phorums):
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