Main Subject - Internet and Businesses Online

Forums are a great place to conduct market research. Why? Because that is where

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

people discuss about their favorite topic, their likes and dislikes, their wishe

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

Examples of combination products may in

s and what problems they want solved to make their life. This makes forums an ex

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

cellent place to ‘spy’ on your market and their problems and needs.

Certain for

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

ums will contain leading figures and experts. Look out for their posts as they u

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

Combination pro

sually provide quality information. This is how information entrepreneurs create

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

completely new products in niches in which they do not have expertise in. They

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

imply spend a little time studying their niche carefully.

One way to do market

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

research is just simply by reading through posts. You can even find out about an

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

y topic that you want to know about simply by using the ‘Search’ function in the

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

forum. This is a great way to acquire information for writing your next book, e

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

Following aspects would a

book or article.

You can even join in the discussions by posting questions you

dd to the challenges in developing combination products:

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

want answers to. For example, you might want to know about the most popular acne

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

cream or which photography book provides the most timely photography techniques

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

It's almost like a survey of your marketplace, and instead of paying employees

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

to go and survey people, you are doing it completely free of charge.

Visit foru

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

Professional from academic institutions, pharmaceutical industries, health care indust

ms to learn the language of the niche too. This allows you to speak their langua

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

ge and when you are ready to produce a new product or service in that niche, you

.

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

will be seen as one of them. Forums are a great hunting ground for ideas and ma

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

Companies that provide selfless information through particip

rket research, so use it! It’s totally free and only costs a little of your time

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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