Main Subject - Business

1. Sell the reprint/reproduction rights to the product. You could make money selling other people the right

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

s to reproduce and sell the product. People are always looking for new products to sell.

2. Giveaway the p

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

Examples of combination products may in

oduct for free from your web site. Just because it won't sell doesn't mean people won't visit your web site

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

to get it for free. They may see another product you sell and buy that one.

3. Try auctioning off the prod

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

ct at an online auction. You may make part of your investment back. If you're lucky, you may even make a pr

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

Combination pro

fit because people sometimes get into bidding wars and will bid a higher price than the product is worth.

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

. Use the product as a free bonus for another product you sell. This will increase the perceived value of t

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 product you're selling. People will feel they're receiving more for less.

5. Contact businesses with the

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

same target market and see if they would be interested in using your product as a free bonus for their prod

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

ct. You could place your ad on the product and get free advertising.

6. Sell your product to businesses at

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

wholesale cost as a promotional product. Businesses are always looking for products they can giveaway to th

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

Following aspects would a

ir customers with their advertising on the product. You could make part of your investment back.

7. Barter

dd to the challenges in developing combination products:

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

your product to other businesses for things you need for your own business. You could trade for their produ

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

ts or services. This will save you money and help make up for your profit loss.

8. You could create an onl

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

ne contest so people could win your product. This will attract traffic to your web site. You also could get

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

free advertising by listing it on online contest directories.

9. If you decide to giveaway the product for

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

Professional from academic institutions, pharmaceutical industries, health care indust

free, allow other people to giveaway the product for free. Place your web site ad on the product. This will

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

spread your advertising and attract even more people to your site.

10. Ask businesses with the same target

.

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

audience if they would be interested in combining your product with their product. You could then sell them

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

Companies that provide selfless information through particip

together as a package deal and split the profits. You may have better results selling your product this way

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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