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In the last couple of years there have been a plethora of auctions sites arriving to the Internet. All tryin

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

g to become that all important 2nd auction site to compete with the monopoly we know as Ebay.

But, did you

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

Examples of combination products may in

now there already is a strong number two auction site? Yahoo is known for many things, but their auctions st

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

nd above all others in listings and sales. Although only doing a fraction of the business Ebay does, this is

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

head and shoulders above all the rest.

But as a buyer, why bother? Why not simply stay with Ebay for your p

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

Combination pro

rchase? As a person who has sold a lot on Ebay, let me tell you that as a seller, Ebay fees continue to rise

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

and are now so high as to prevent many items from being profitable to sell on Ebay at all. The cost of doing

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

business at Yahoo Auctions, is much lower. As a buyer, you can find many items on Yahoo Auctions that are n

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

longer available on Ebay. In addition, because of the lower cost of doing business (sellers pay no listing

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

r final value fees), prices are often lower. Many bargains can be found.

And for those of you who have used

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

Yahoo Auctions, but haven’t been back in a while, sellers can now offer PayPal. This has been in effect for

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

Following aspects would a

ver 18 months now.

The most difficult part for a shopper is finding the auctions to begin with. Once arrivi

dd to the challenges in developing combination products:

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

g at Yahoo, it will often be listed on the left side column. If not, then simply click on the bottom of the

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

eft side column on the button saying More Yahoo Services. All of their products are listed in alphabetical o

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

rder, with auctions being near the top.

To buy on Yahoo Auctions, you must first register, although you can

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

browse as much as you want for free.

As with Ebay, you want to check the seller’s feedback. You want to see

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

Professional from academic institutions, pharmaceutical industries, health care indust

mostly positive comments, and any negative comments be somewhat reasonable for any business to experience. A

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

so with Yahoo auctions, you want to see recent feedback. This insures you are buying from an active dealer.

.

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

nd last, any good seller should offer Paypal as a payment option. You may not want to use this service, but

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

Companies that provide selfless information through particip

t is the number one method of payment for online auctions, and any good seller will offer it.

Happy hunting

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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