E-Folder - Internet and Businesses Online

As an Entrepreneurial business owner you must always be open to new ideas to create additional revenue centers and/or develop prospects and new customers. I started in Con

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

struction back in the early 1990's but got into an IT Contract Placement Business through a contact I had in my sphere of influence a few years earlier. My contact had man

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

Examples of combination products may in

y IT Professionals in his resume database and I had the contacts in the large Banks and Corporations. As time went on I met another contact and we used his internet develo

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

pment know how and my contacts in the industry and we developed an online Professional Trades Networking business. I later walked away from that business realizing that we

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

were too far ahead of our time. I also leveraged my employees and equipment where ever and when ever I thought I could make an extra buck. My lesson learned was to always

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

Combination pro

keep my eyes open to the next opportunity. Today, that next opportunity is Blogs.

Blogs are the new frontier. As was the development of the American West with Adventuris

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

t Frontiersman searching out new growth opportunities across the United States they were followed by the settlers when word got back east of lush fertile lands and valleys

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

and glens with fresh spring fed waters. Or, the gold strikes of San Francisco that were staked out by the leaders and the cities were built by the settlers pursuing their

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

dreams of unimaginable wealth. "Go West Young Man!" These were the cries of the Eastern Business men who used the west as an opportunity to sell their wares.

The Blog, i

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

n my humble estimation, is at the Settler stage. A great book/study conducted by Bill Ives and Amanda Watlington, both PH.D.'s, states this best, (the book is Business Blo

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

gs: A Practical Guide, and can be purchased through this link: http://www.businessblogguide.com ) with a reference to a 2004 Pew Internet and American Life Project found,

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

Following aspects would a

"...approximately 11% of internet users are blog readers and that 5% have actually built a blog or posted a comment to a blog. The medium was exploding...Pew estimated tha

dd to the challenges in developing combination products:

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

t blog readership shot up 58%. 27% of the 120 million internet users read blogs, up from 17% a few months earlier, for a global total of 32 million." It is clear to see th

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

at the medium (Blogs) was exploding in 2004 and in 2007 the exponential growth might be hitting a flash point just as the Chrysler Mini Van did to sales for a struggling C

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

hrysler Corpoartion. With the millions of people sourcing information from blogs and Search Engines moving Blogs up the page rankings quicker than websites due to the freq

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

uency of change on the Blog we are now entering a period of World Wide Web settlement. Note: If you plan to start a Blog you will need to work hard to make daily changes t

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

Professional from academic institutions, pharmaceutical industries, health care indust

o your blog perhaps as high as 5 times a day.

Now here is the opportunity; online advertising. The higher you get on the Search Engines which is driven by the more people

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

who read and see value in what you have to say will get you higher paying advertisers on your Blog. To the entrepreneur who is working from home and is probably on his or

.

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

her computer everyday building and maintaining a blog can be part of your prospecting schedule providing valuable information to your clients or target industry. And, if

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

Companies that provide selfless information through particip

you can make some money at it as well, well that can't be so wrong. :)

Thanks to the Blog Frontiersmen and hello to the New Blogger who will build the Blog Cities to come

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.e-folder.org.ua/article/57877/e-folder-Blogs-The-New-Frontier.html">Blogs: The New Frontier</a>

BB link (for phorums):
[url=http://www.e-folder.org.ua/article/57877/e-folder-Blogs-The-New-Frontier.html]Blogs: The New Frontier[/url]

There are only 2 types of employees at any company. Do you know which type YOU are?

How do you train your sales personnel? Perhaps a better question would be… Do you train your sales personnel? As silly as this may sound a lot of organizations hire a salesperson and tell them to go get it. I have personally dealt with such an organization and this was considered the norm.

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