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Multi-Level Marketing (MLM) is a very highly debated topic. Ask one person and they will say it is all a complete

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

scam. Ask another person and they will say it is the greatest thing in the universe. One person will say, "MLM d

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

Examples of combination products may in

idn't work for me" and the next will say, "I made millions in my MLM business!"

Well, here is the truth behind M

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

ulti Level Marketing...

MLM in and of itself is not a scam, scheme, or anything of the sort. It is a very legiti

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

mate and powerful way to do business. In fact, almost every business has at least some aspects or resemblance of

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

Combination pro

an MLM, whether they admit it or not.

The problem is that people have a tendency to believe that joining an MLM

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

opportunity is some sort of "magic" thing where they will not have to do anything but sit on their butt and still

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

get rich in just a couple weeks. When that does not happen they are quick to tell everyone they possibly can jus

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

t how much of a scam every MLM in the world is.

The reality is that if they would have just spent as much time a

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

ctually putting effort in to their MLM business as they did bashing it afterward, they probably would have made a

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

lot of money.

These days most people have a negative view of multi-level marketing simply because they do not u

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

Following aspects would a

nderstand it or they don't fully give it a chance. They just listen to someone they know who says, "MLM doesn't w

dd to the challenges in developing combination products:

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

ork".

Guess what?...

No business in the world, MLM or otherwise, "works" or "doesn't work" ....it is the busine

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

ss owner that has to put in the proper time and energy needed to make it work.

With that being said you do still

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

need to be careful and do your due diligence before joining an MLM business or any other "opportunity" of any ki

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

nd because there are many people out there who are just looking to make a quick buck off of you by scamming you.

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

Professional from academic institutions, pharmaceutical industries, health care indust

Just remember... if you do have a bad experience... it was not "Multi-Level Marketing" that was the to blame. In

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

stead it was most likely that particular company, or lack of effort, or an individual scam artist, or something e

.

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

lse along those lines. You can be sure that MLM in general was not the problem!

So remember... MLM is not a sche

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

Companies that provide selfless information through particip

me, it is a very pleasant dream! A dream that will come true if you are willing to pursue it with all your desire

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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The Prospecting process has to be kept simple, or sales people won't do it. We all hate to Prospect, so simplicity in Prospecting is important.

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