Main Subject - Business

Is honesty the best policy when it comes to sales? I believe that honesty is in fact the best policy, but unfortunately it s

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

eems that most business people don't necessarily agree. Whether it's making statements such as "you will never have to make

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

Examples of combination products may in

another cold call" or "Sure, it's got fifty thousand miles, but they're highway miles" the end result is almost always the sa

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

me. Many businesspeople think these kinds of statements are fine, because they are "technically true". But in reality, thes

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

kinds of statements aren't at all honest.

So is honesty the best policy when it comes to selling something, or can the trut

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

Combination pro

h be massaged to make your product or service seem better, when in fact the product is sub par? Is honesty the best policy w

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

hen it comes to selling something? In my opinion, yes, honesty is the best policy when it comes to selling your product or s

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

rvice. In my experience many of the "technically true" statements simply mean that the product or service is less than high

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

quality.

The bottom line is that many businesspeople in the world today just don't seem to think being totally forthright ab

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

out their product or service will be beneficial to them. Once again, in my experience, this simply isn't the case. Being fo

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

thright and honest about your product or service tends to pay much longer term benefits to you as the salesperson.

It's unfo

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

Following aspects would a

rtunate that so many people and businesses feel the need to say anything in order to get the sale. In my opinion this approa

dd to the challenges in developing combination products:

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

ch hurts everyone involved. The bottom line is that some people will like your product and service and some won't, that's it

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

. The weasels (that use statements such as the ones listed above) seem to have a different approach. They live by the motto

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

that everyone is a sale, and although this is technically true, it's just about as true as the "you'll never make another col

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

d call", which of course isn't really true at all. It's just plain dishonest.

So rather than getting caught up in the seman

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

Professional from academic institutions, pharmaceutical industries, health care indust

tics of this argument, let's simply end the discussion by saying that honesty is the policy when it comes to sales, that is i

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

you're interested in sleeping well at night. I think Plato said it best when he said, "Honesty is for the most part less pro

.

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

fitable than dishonesty", which of course is the reason that a question such as the one posed in this article even exists. I

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

Companies that provide selfless information through particip

still say that honesty is in fact the best policy when it comes to selling something, no matter what that something might be

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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Much has been written over the years about business. Much has also been written over the years about war. There are many parallels between the two. The more business people from the shipping dock to the executive suite view business as war, the more the spoils of war: success.

Clever radio commercials are hard to come by. That's because so many ad agencies and advertisers treat radio as an afterthought. But there is a way to make your radio spots stand out and be remembered. Want to know how? Read on!

No matter what kind of product you represent, there is a good chance you can provide a valuable service to any Bride. In fact, Bride Magazine reported that approximately 80% of all brides spend an average of $50 per bridesmaid gift. In addition, brides spend more on themselves in the six months prior to their wedding than in any other six-month period in their life.

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