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E-Folder - What Is The Value Of Your Domain
The value of the domain name is like the value of real estate. If your real e 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 state is valued at 100,000 this year it will be at least 110,000 the next yea ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in r. This is a good 10% increase. It applies the same to a Domain name. The old lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. er the domain the value increases, not 10 % but at least 100% every year. A here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe omain purchased at 10$ this year could be taking a value chart as below On c d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro ompletion of the 1st year 20$ On completion of the 2nd Year 40$ On 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 completion of the 3rd Year 80$ On completion of the 4th year 160$ O 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 n completion of the 5th year 320$ On completion of the 6th year 640$ nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically On completion of the 7th year 1280$ On completion of the 8th year 2560$ 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 On completion of the 9th year 5120$ On the 10th year your domain is va ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi lued at a mighty 5120$. But mind you, you could be holding a domain aged 20 ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a years but the value would be just 20$ if you have invested in the wrong domai dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod . You could compare this as a house bought in the middle of a desert with the cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin nearest gas station 100 miles away. It is very essential to know the value tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen of the domain with regard to various aspects apart from the age. The followin 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 g factors determine the value of a domain name. Go through each one of them a ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust d asses the value of the domain 1. Age 2. The TLD (.com, .net, .org, . y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products us, .co.uk 3. Keyword in the domain name 4. Page rank the domain ha . 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 s acquired over the period of time 5. inbound links (Its most likely tha elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip t there have been inbound links if the domain was active 6. Alexa Rankin 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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