Others - Home Based Business

I've seen a huge increase in ads relating to Network Marketing Companies where your sponsor promises to build your downline. I am sure th

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

at some of them are on the shady side. That's the way it is. However, I have personally seen some very respectable companies which allow

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

Examples of combination products may in

he technique.

First: a bit of history.

Traditional Network Marketing Companies have used the term "tap root" for years. It refers to yo

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

ur best downline leg. Often, your sponsor will help you build this leg. It is called a tap root since it is supposed to anchor your busin

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

ss; hopefully supplying the nutrients (cash) needed to break even. In the meantime, you take the knowledge you are gaining by watching th

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

Combination pro

e work that is being done on your tap root, and establish additional legs. The additional legs provide the excess cash you want in order

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

o improve your lifestyle.

Next: the Internet. How has this tap root idea been applied?

Commonly, you sign up for a program. You are pla

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

ced at the bottom of one of your sponsor's legs. Additional prospecting by your sponsor and/or their upline places people under you. In m

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

st cases you do not even know the people being placed under you. However, as these new people buy products from the company, you get a bo

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

nus cheque. "Great! I'm getting rich and all I'm doing is buying product and watching my upline add more people!"

Not so fast. Study the

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

compensation plan. Do the calculations. You will probably find out that you max out at a bonus that is less than the cost of your require

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

Following aspects would a

d minimum purchase. You are at best getting a quality product at a discount. Big deal.

"Well then, how do I get rich?"

It's no differen

dd to the challenges in developing combination products:

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

than the traditional model. You have to start new lines, or legs. Yes, YOU. If you have a good sponsor, they will help you here as well.

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

They may use your ID in some of their ads in order to give you a quick start. Same as it has always been. If they get you excited and do

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

a good job of teaching you, you will eventually go solo. Then your sponsor can cut you loose and move on to another prospect. They have c

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

reated some residual income. That is the goal, right? Residual Income.

Now, one problem remains. How do you get those prospects that you

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

Professional from academic institutions, pharmaceutical industries, health care indust

require? Cold calling? Your warm market? Ads on Yahoo? Ads on Google or Overture? Ads in e-zines? That's another article!

I want to leav

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

e you with one other fact to ponder.

If you spend $6,000 promoting a web site and your opportunity, and you succeed in developing a basi

.

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

$300 a month residual income, what is your return on investment (ROI )?

Well, that $300 a month is (300x12) $3,600 a year. That works o

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

Companies that provide selfless information through particip

ut to a simple interest rate of 100x3600/6000 = 60%.

How many of you have an investment that returns 60% ?

Have a great future,

Richar

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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