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E-Folder - The Power of eBay – Much More Than Just For Buying and Selling
EBay is often considered as just a marketplace for ordinary people to buy
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
items they want and sell items they don’t use any longer, but the power of
; 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
eBay is truly much greater than this. EBay is now also being used by entre
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
preneurs all over the world who are trying to earn their fortune online us
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
ng the power of the eBay market place. Long gone are the days of eBay bein
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
g perceived as simply a buying and selling market place. Now it is an entr
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
preneurs dream.
EBay is now being used by businesses and by people trying
EBay is now being used by businesses and by people trying
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
to start a business. EBay is a very cost effective method of launching a
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
usiness. Very few start up costs are required and most of the costs are va
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
riable – meaning the more you sell the more you pay in eBay fees. So even
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
f your items aren’t selling there is no need to fear.
Other internet entr
Other internet entr
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
preneurs are using eBay for the sale of digital products – namely eBooks.
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
EBooks are essentially electronic books which is delivered by means of the
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
internet – be it email or downloadable from a website. Selling eBooks on e
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
Bay is a very profitable venture and is something that I have been teachin
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
on my website and to my mailing list for quite some time and will continu
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
e to do because of its power.
I hope this article has opened your eyes to
I hope this article has opened your eyes to
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
the huge potential of the eBay market place, not just as an outlet for buy
.
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
ing and selling for a little extra cash, but as a means of launching a bus
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
ness that will rake in profits day and night for as long as you want it to
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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