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Wiki Articles - Extra Income - That Would Be Nice
In the mid 50’s, a family could survive on one income. Today, very few can manage on two. And that won’t be enough in another few years.
It’s a
It’s a
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
shaky future. All of us would be wise to have multiple incomes flowing into our bank accounts.
Prosperous people have always known this. If on
Prosperous people have always known this. If on
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
e income vanishes, they have others to support them. Ordinary people are much more vulnerable. If they lose even one of their incomes, it wipes
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
them out. It could take years to improve this situation and the rippling effects can be disastrous.
It won’t be long before people will need a p
It won’t be long before people will need a p
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
ortfolio of income sources – AND from completely different and diversified avenues. If one source dries up, you will barely feel the bump. You a
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
re sound. You have time to adjust, regroup. You are safe.
Do you have multiple incomes flowing into your bank account at this time? Are they L
Do you have multiple incomes flowing into your bank account at this time? Are they L
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
inear or Residual? And do you know the difference?
You have a Linear source if you get paid for every hour you work. You have a Residual source
You have a Linear source if you get paid for every hour you work. You have a Residual source
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
if you work hard once, and it releases a steady flow of income for many years. You are rewarded over and over for that same original effort.
Ev
Ev
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
en doctors and attorneys are not as wealthy as they appear. They don’t earn residual incomes. They can only see a fixed number of people per day
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
and they have to be there every day to generate their single Linear income. They may appear to be wealthy, but they work the same hours and days
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
that most of us do. The only difference is their Linear income is higher than ours.
If you are smart, you will start shifting your income source
If you are smart, you will start shifting your income source
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
s from Linear to Residual and eventually realize the freedom to do what you want, when and where. This can be accomplished easily, without a lot
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
of fuss. Start with ONE new residual source this year. How about right now?
Of course most of us cannot write a book or compose an opera in ord
Of course most of us cannot write a book or compose an opera in ord
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
er to generate lasting Residual income. But the Internet has given us the chance of a lifetime. There are many programs not worth their print, b
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
ut there are others that will indeed, give you the Residual income we speak of. The trick here is to recognize the difference between hype and st
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
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
raight talkin’.
Just as we must first walk before we run – to become a Leader, we must follow.
The best place to look for an ‘honest’ Residual i
Just as we must first walk before we run – to become a Leader, we must follow.
The best place to look for an ‘honest’ Residual i
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
ncome is to find someone you trust and follow him/her. A name that you recognize, a name that has a substantial following already, a person who
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
over-delivers on promises. These are the true “gurus” --- and if you’ve been on the Internet for more than a month, you know who they are.
All o
All o
.
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
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
f them have programs designed to give you Residual incomes. Look over what they offer and make your choice. Give it everything you have in promo
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
ting it, and when you have it off the ground --- look for your next Residual source.
Success is a marathon, not a sprint. I did it -- so can you
Success is a marathon, not a sprint. I did it -- so can you
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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