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One summer night more than forty years after the sinking of the Titanic, the world was stunned as the impossible repeated itself. Unlike the Titanic

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

however, the Andrea Doria sank due to human error, causing a whirlwind of rumors about sunken treasure and crew negligence. Was the treasure real? Wh

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

Examples of combination products may in

did she sink? The answers to these questions seemed forever-locked in mystery as the doomed liner settled in her watery grave. The day after her sin

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

ing though, young millionaire adventurer Peter Gimbel became the first person to dive to the wreck and returned to the site often over the next two d

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

cades to probe for answers.

Rika and I watched the Discovery Channel’s presentation of Gimbel's final trip to the site in 1981 as he and his team ex

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

Combination pro

plored submerged passageways and attempted to salvage the liner's safes. His 25-year obsession with the Andrea Doria unlocked the riddles surrounding

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

its sinking and solve once and for all the mystery surrounding this tragedy. Gimble was a treasure hunter.

Hidden treasure has always captured our i

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

agination. As a child, I would walk along the beach, fully expecting to the tip of a treasure chest sticking out of the hot sand at any moment, or to

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

find a diamond ring. To my mind, finding a diamond ring would make me and my family instant millionaires and I would be like Richie Rich. Who of us h

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

asn’t read Treasure Island? It’s a fascinating idea, isn’t it?

“Somewhere over the rainbow” and Hidden Treasure are exciting, yet elusive, triggers

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

o our imagination. We don’t really believe we will find it. Many people buy lottery tickets yet most don’t really believe they will win the lottery.

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

Following aspects would a

hat about finding out about REAL treasure, and then creating a way to discover it? Dreams are stories are great, but then Monday morning comes around

dd to the challenges in developing combination products:

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

and many of us slink reluctantly back to our boring jobs, grudgingly chain ourselves to our desks and wish it was home time. Like the manager of my b

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

uilding, a wonderful guy with massive potential. He freely admits that Monday is the worst day of his week, every week, and it gets progressively bet

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

er as the weekend gets closer. Friday is his best day, and there is a visible transformation. He is happy, singing, excited and energetic. That lasts

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

the whole day. And after two days, Monday finds him morose and dejected again.

I love working on my business. I look forward to Mondays. That’s beca

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

Professional from academic institutions, pharmaceutical industries, health care indust

se my business is a treasure hunt! I know the treasure is out there, in the form of people who join our DollarMakers Joint Venture Forum. We discover

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

a treasure regularly! We know it’s there, and there’s no risking of lives, decompression chambers, millions of dollars of costs or man-eating sharks

.

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

Unlike Mr. Gimble, we won’t dredge up a safe with no treasure in it. That’s why my business is so exciting. As we discover wonderful entrepreneurs,

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

Companies that provide selfless information through particip

e discover treasure. We can make an unlimited amount of money using Joint Ventures. If you’d like to join my treasure hunting team, visit our website

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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Cash book may have various formats as required by the details of the transactions to be posted. A different format is used for all above three types of cash book as discussed here.

IT Consultant personality traits often predict their future success. In this article, see if you have what it takes to be a great IT consultant.

We all know that setbacks are going to occur in business. Setbacks that strain relations between you and your customer. Setbacks that can cause anger and mistrust to build. Will this mean the end of a once profitable relationship? Not necessarily...

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