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  • E-Folder - Why Pay High Prices Via On-line Auctions?

    Selling goods and property on-line is all about supply and demand - I have what a lot of peopl
    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
    e want but I do not know what a fair price is to ask.

    Provided enough people get to know 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
    an auction or are looking for what is on offer then bidding can be brisk and a winning bid ca
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    make a bonus for the lucky seller, if only all sales where that good!

    What makes on-line auc
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    ion bidders pay what may appear to others a silly high price?

    # uniqueness - if there is only
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    1 or very few of an item people will potentially pay a fortune just to "have it".

    # shortage
    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
    - the latest electronic gadget has a long waiting list and folk are prepared to pay more than
    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
    ew price just to have one and be No 1 in their group.

    # get carried away - easy done when the
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    e is a lot of competition, and before you know it not only have you bought something but paid
    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
    ver the odds too.

    # seems a bargain - your idea of somethings value and someone else's may di
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    fer, so to YOU an item may be worth just that little bit extra.

    # determination - I "must win
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    this" attitude - the need to succeed and "have" the item at whatever cost.

    # more money than
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    sense - not knowing the value of goods from other sources and be way off with reality - yet in
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    truth some folk will happily pay 100 dollars for something worth 80 elsewhere, where others wi
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    l not be interested unless the same item can be got for 50 or less.

    # timeliness - if the auc
    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
    ion is closing you maybe more included to start bidding, or throw in a bid if current bids are
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    low - just because it's there --- and end up with something you do not really want but was "
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    heap".

    Morals

    On-line auction enables you to sell unwanted goods, fill vacant hotel rooms an
    .

    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
    rental accommodation, and promote goods via an online shop, but for buyers without good self
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    ontrol you could pay over the odds, perhaps buying useless and unwanted goods into the bargain


    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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