Main Subject - Business

Why is it that business people often spend so much money on image

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

only to lose all that wonderful first impression on the fact their

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

Examples of combination products may in

car looks terrible? Boy it sure seems like a lot of wasted effort

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

o spend tens of thousands of dollars on a professional website, co

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

orful brochures, hairstyles, attire and a gold Rolex only to ruin

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

Combination pro

it all by driving up in a dirty car. In fact if this scenario were

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

not so common, I seriously doubt I would bother to mention it at a

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

l. But it is a fact and indeed I have seen it. How so you ask?

We

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

l, for 27 years I ran a company that franchised mobile car wash un

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

its and auto detailing rigs and marketed so many cities. We would

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

onstantly see this from our business customers. Their cars looked

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

Following aspects would a

ike crap, of course we saw the people who noticed this problem and

dd to the challenges in developing combination products:

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

did something about it, namely paid us to clean up their messy car

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

s.

Yet by the same token as a Franchisor Founder, we noticed sale

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

people, potential vendors and even business partners attempt to d

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

business with us and they parked their dirty cars in our parking

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

Professional from academic institutions, pharmaceutical industries, health care indust

ot. Silly really, as they were selling to a company specializing i

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

n cleaning cars.

Nevertheless, it should be noted that your car a

.

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

d its cleanliness will be judged and your automobile is very much

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

Companies that provide selfless information through particip

part of your business presentation. So, consider all this in 2006

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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Manifestation, means focusing on what you want in your life, in such a way that you start attracting what you want quickly. Not only do you need to market yourself to get clients (exterior), it also helps if you can throw in a healthy dose of manifestation (interior).

One of the worst things I have discovered in Business Negotiation is that so often one party will over sell leaving very little on the table for the other party. Sure you shake hands and look them in the eyes when completed but you wonder if they can perform or if they have over promised?

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Main Subject - Presentation and Your Company Car

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