Main Subject - Business

Part Two:

I moved to Hawaii leaving my paintings, all nicely framed,

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

which was an expense and further investment on my part. I was new to the g

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

Examples of combination products may in

allery scene though and still enamored that my work was in San Francisco in

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

the famed Union Square. My investment was around 10 paintings as I recall.<

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

br>

Time passed and the gallery folded. The owner long gone. I lost all o

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

Combination pro

f my paintings and contact with the gallery owner completely.

Since tha

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

t time I am very careful with galleries.

Consignment should pro

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

voke many questions. I live in Hawaii so obviously the shipping cost of my

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

large paintings to ship to the mainland is not cheap. I do not pay for all

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

of the shipping costs because of that and require the gallery to pay at le

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

st one way. I also require a very specific contract with the owners name an

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

Following aspects would a

d home phone and address.

There are a zillion galleries that come and

dd to the challenges in developing combination products:

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

go. Selling art is an art in itself and not everyone is in fact an a

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

rtist. It is wonderful to have the opportunity to hang your work in a galle

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

ry especially in high traffic areas of the country, but it must be thought a

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

bout as a commitment and business deal. If a gallery is going to 'make it'

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

Professional from academic institutions, pharmaceutical industries, health care indust

they will put the attention to detail that it needs to be successful. The

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

contract must be well thought out first and foremost. Artists need to feel

.

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

confident that their work will be hung with care and know when and if it go

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

Companies that provide selfless information through particip

es into storage.

Continued on part three.

--------------------

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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Main Subject - Negotiations Between Artist and Gallery-Contracts Must Be Clear, Flattery Gets Ya Nowhere Pt. 2

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