Just Answers - Home Based Business

Let me tell you a story about a woman who got the bright idea for starting an online home-based business. She saw a commercial on the television about making millions with an online business and all the people were tell

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

ing their story and she went nuts! She jumped online, typed in the web address, filled out the form, paid for the e-book and got started right away!

She followed the instructions and about three weeks later she realize

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

Examples of combination products may in

that she was over $1000 in the hole with no R.O.I.! She became frustrated because the commercial told her she could be earning in 15 minutes! Where was it? She did everything the e-book told her to do and nothing was h

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

ppening! She was already unemployed so this did not help! This added to her problems big time.

What did she do? Instead of getting anymore upset, she started researching this company and several more like it on the int

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

rnet. She spent hours just reading information, hanging up on telemarketers, and finally she asked herself one question: "If that guru is making so much money, why does he need to sell an e-book telling others how to do

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

Combination pro

the same thing"? Well, the answer is that it is the e-book that is making him the money, NOT the actual program! Oh my, now what does she do. She has lost enough money already and needs to make it back somehow but how?

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

Understanding that in order to start a business you need to make investments with time and money, she knew there was a way, but she was not about to jump off the same bridge as everyone else. She read through the book

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

gain to see if there was anything she missed and realized that there was a lot of missing information. A lot of blanks that needed to be filled in and without the key factors, she was not going to make it.

This woman w

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

nt back to the drawing board and did more research, she even joined some of those so called free programs to fill in the blanks, but did not spend anymore money to actually work the program. She read through the guides

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

hey give you and saw that all of these programs pretty much leave important information out on purpose. They want you to sign up for all these programs, put money in their pocket while you try to figure it out and basic

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

lly put you in the same situation as her first experience. What is going on here she wondered? Well, needless to say, months later she finally has a business that is working and it is not any of the ones she tried first

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

Following aspects would a

or joined for free, that's for sure!

The point of this article is to inform others that there is no easy way to start an online business. That woman told me her story and it was I who directed to the company she is no

dd to the challenges in developing combination products:

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

with. The reason is that no matter what kind of internet business you plan on starting, if you have the determination and understand that nothing is going to happen overnight and you are going to have to make an invest

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

ent to get it going, then I suggested to her the same thing I suggest to you: Since you know you are going to have to spend some money to succeed, then why not put all your eggs in one basket? Research and find a compan

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

or program that offers you a product that will solve your problems, not a service. Just getting a service doesn't guarantee that you will get anyone else to sign up and you will have to spend money on advertising anywa

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

, so why not advertise a program with a product where you know for a fact that once it sells, you make money.

Here is one thing that most others will not tell you, every time you sign up for a program within a program,

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

Professional from academic institutions, pharmaceutical industries, health care indust

the person that signed you up and the guru is making nice pocket change from that. They sell you the story that "they want you to succeed" when the truth is folks, they really can care less because whether you succeed

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

r not, there are hundreds more just like you signing up for all those accounts while they sit back and collect a paycheck. Of course they "want you to succeed, because that's more that you make for them!" Don't ever be

.

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

ooled by a "Free Program/Free to Join" because it really is not free at all.

Again, you know you will be spending a little to make a lot, so just make sure you find one that has 1 step, a valuable product to offer solu

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

Companies that provide selfless information through particip

ions to a problem, and does not require you to make a bunch of dead end phone calls (they don't work well at all!). Find you one that gives you a meaningful website to drive traffic to. Good luck and I wish you the best

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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