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Egypt was once the richest country in the world. Some say that civilization started there. According to Biblical record in the book of Genesis chapter forty one, t

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

here was a great famine at a certain time. Yet Egypt had plenty of food. The wisdom that sustained Egypt during that famine period , and made it very wealthy was 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

roposed by a Hebrew slave who later became the Egyptian Prime Minister. His name was Joseph.

I believe that Joseph was one of the greatest Economists the world ha

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

s ever produced. His economic theory has been overlooked by many, yet it turned Egypt into the wealthiest nation of their time, and earned him the position of Egyp

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

's Prime Minister. This theory is still applicable today for anyone that would care to apply it. I call it Joseph's - 20% - Savings - Theory. This theory states th

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

Combination pro

at anyone who can save 20% of all his income within a period of 7 years, can build wealth for himself. You can find this theory in the Bible in the book of Genesis

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

chapter forty one verses thirty four through thirty six. If you would like to become wealthy in your life, then try this theory. It worked for Egypt, it can work

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

or you.

You may ask " Why should I save 20% of my income when I have other needs to meet?" The truth is that you can never have enough money to satisfy all your d

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

esires. Money dissappears very fast from the hands of anyone who does not know how to save it. You will always have something to do with the money in your hands. W

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

hether it is three thousand dollars or three million dollars. You will never have money that you don't know what to to do with it. Even if you don't know what to d

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

with it, you might as well think of going on a holiday to the moon. So, whatever is your income, if you save 20% of it, you will still be the same. You can still

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

Following aspects would a

make do with the remaining 80%.

What then do you do with all these savings. Very simple. You put it to work. Don't leave it idle in your bank. Money is a good wor

dd to the challenges in developing combination products:

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

ker, if you can invest it wisely. It will work for you, and bring in more and more profits that can help meet your needs. Then you can relax and be free from some

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

of your struggles and worries.Let me explain this to you: If you are earning $1,000 today. And you develop a 7 year plan to save 20% of your income every month. Th

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

first month, you will have $200. That looks very insignificant. But you will understand better if you know that in 10 months, you will have $2000 - an extra two m

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

onth salary. That means yo can work for 12 months in a year, and get paid for 14 months. Now this two extra month salary is all yours to invest. Don't spend it. Yo

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

Professional from academic institutions, pharmaceutical industries, health care indust

u may be tempted to spend it. Make sure you invest it. If you do your research very well, this $2000 would become your employee, working for you. Who doesn't feel

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

ood becoming an employer of labour. Like an ant that has found a cube of sugar, it will go and attract its friends to also come and work for you. Before your 7 yea

.

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

r plan will elapse, you will relax and monitor your employees working for you. If you start early enough, by your 45th birthday, you may be planning to retire and

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

Companies that provide selfless information through particip

spend more time doing what you love most.

This is the wisdom that turned ancient Egypt into one of the world's wealthiest nation. You now have it at your disposal

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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Industry insiders estimate that only about ten percent of the active forex traders make money, and many of those who take part in this heart-stopping game of buying and selling at the slight movement of in the graphs lose large sums of money and capital.

Consolidation Loan helps you to merge all their loans, and save a lot of interest rates. And availing this loan through online method is becoming popular in UK, as it is quick, easy and convenient to avail.

Who is teaching you how to use your money? Oh maybe you talk to your know it all brother in law or the guys down at the local watering hole. Please remember just because they are driving a Lexus or live in a big home doesn't mean financial success. It probably means a mountain of debt.

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