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Something most of us know all to well is how to go to work and trade time for money. We have been taught this by our parents, who were taught by their parents and so on. It is passed down generation after generation; work hard at a job and you will be ok. Bullshit,

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

I say! Sorry for being so blunt, but someone needs to give you a kick in the ass and wake you up and pull the blindfold off. Doesn’t just being OK really suck? Don’t you want more? Scary thing is we don’t know where to start since we were never taught anything abou

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

Examples of combination products may in

t what it takes to get wealthy. One thing I know for sure, no one ever gets wealthy, I mean truly wealthy, working for someone else. The only thing you’re doing there is making someone else wealthy, how’s that for reality? So what’s the answer then, how do you creat

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

e wealth? Good question. Let me tell you, there are three ways to create wealth and only three ways. Before we get on to that, lets take a look at one other thing closely first: Time. We all have 24 hours in a day, no matter how I try I cannot possibly have more ti

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

me in a day than 24 hours, no one can. So why is it that some people earn $10.00 per hour and others are making $10,000.00 per hour?

What does person 1 not know that person 2 does? The secret is LEVERAGE! See if you are working for someone else and you work 8 hours

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

Combination pro

per day at $10.00 per hour the absolute most you could make a day is $80.00. Now lets get real crazy and say you didn’t sleep or eat or take breaks and you worked straight for 24 hours at $10.00 per hour, the most you could make a day would be $240.00. See going on

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

like that would kill someone, it would be impossible to ever get ahead trading all of your time for money, and it just doesn’t work. One thing that you quickly realize is that you are either always running out of time or energy. There is a ceiling over you and you ca

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

not ever get past that if you are stuck doing all by yourself. You cannot do it all by yourself, that is the one thing that the wealthy know and the poor and middle class do not. If you look at this scenario from the employers stand point we will notice some leverage

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

happening. Lets say you own a business and you employ me. You work for 8 hours on Monday and I work for those same 8 hours, you get paid on 16 hours worth of work, you have LEVERAGE, so you get more done. The more leverage you have the more wealth you will create,

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

because you are leveraging off of other peoples efforts. If you ever want to create wealth there must not be a ceiling, you cannot be limited by time.

Let’s get back to the three ways to create wealth. The three ways to create wealth are having money at work, having

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

people at work or having machines at work, ie. computer; that is it. There are no other ways. For the sake of this article we are going to say we only have two ways to create wealth, People at work and money at work. We will just focus on those two methods; the com

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

Following aspects would a

puter at work is a whole other topic. When we examine having money at work we are talking about investments, stock, bonds, saving, etc. Say you had $5,000,000 in a savings account or investments, well that would give you about $40,000 per month in passive residual in

dd to the challenges in developing combination products:

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

come from the interest. That is some nice income with minimal effort. So how does someone get to the point of having money at work? Well they must start by having people at work right? It isn’t to often that someone just has $5,000,000 sitting around in a savings a

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

ccount or investments. So to accumulate that kind of money you must employ others so that you get more done. From there you will begin to increase the amount of money you have saved which is needed to start having money working for you.

There are a few problems thou

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

h when you have people at work, those are they do not have ownership so they don’t have the same amount to gain as you do. Are they going to work as hard as you do? Not likely, and why would they? In order to get true leverage you must create a situation where every

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

one has the exact same amount to gain, one example of this type of leverage is the broker / agent scenario. If you were a broker and I was your agent we would both have something to gain from this relationship. You want me to have success because you make a profit if

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

Professional from academic institutions, pharmaceutical industries, health care indust

I make a sale, and shouldn’t you. You put up the risk, its your office, you trained me, etc, etc. I work hard to get the sale because I get rewarded for my hard work as well; it’s a win / win situation. That is a form of true leverage but only for the broker, great

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

to be the broker. If we ever want to create true leverage there must be a situation that every single person has the exact same amount to gain by the result. To wrap up, in order to create wealth you must either have people at work or money at work so that you can g

.

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

et more done, if you are relying 100% of your own efforts you are always going to find that you are running out of time or energy. Leverage is Key. Lets create some wealth!

I would appreciate comments/ feedback on this article

Together we can create change, it is t

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

Companies that provide selfless information through particip

ime for a change in our economy, there is an unlimited amount of money in this world, lets help others to attain wealth, the more people we help the more wealth we can create naturally for us.

One of the biggest secrets to wealth is gratitude

Have a BILLIONAIRE Day!!

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 introduction of the Brahman to the South African beef cattle scene originated back in 1954 when Mr Jurgen Crantz, of Windhoek, in South West Africa as they knew it in those days, initially imported eight males and ten females from Texas, USA, to be landed at Cape Town harbour.

Looking for another job with a better fit? Even though career ladders don't often exist anymore, many people still want career development and especially career satisfaction. The most fulfilling work belongs to those who take responsibility for developing their own careers using their own unique strengths! Following these 7 steps will help anyone who is looking for purpose in the work they do each day.

According to the Institute of Psychiatry (April 2005), for the first time, stress, anxiety and depression have overtaken physical ailments as the most common cause of long-term absence from work. Wit...

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