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Over time I have come to realize that a trader success is really based on a firm grasp of trading strategies and a total

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

control of the trader emotional involvement in their trading. A losing trader might sometimes have a lack of knowledge

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

Examples of combination products may in

or skill, but it is more likely that he also has an inability to separate his emotions from the market. There are three

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

overriding emotions within traders and the market. They are fear, greed, and pride. Any of these will confuse any ration

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

al decision making.

For most of us, the money that we take to the market is not easily gained. By working hard or by be

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

Combination pro

ing frugal we finally pull together some start-up capital. We may have witnessed first hand the success of others or we

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

have heard media reports of market success. Wanting to participate in this cash machine, we venture boldly into the mark

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

et. We do all the right things by studying, taking classes and learning trading strategies and techniques. We practice f

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

or a while, not using real money, so that we can observe real-world conditions. But nothing really can prepare us for th

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

e emotions that hit us when the market behaves in its usual unpredictable manner.

The market is not a static place. it

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

s always in flux and changing. It moves up and down on the news of earnings, economic reports, world political condition

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

Following aspects would a

s, and other factors. If a new trader does not fully understand the implications of these factors and how they impact st

dd to the challenges in developing combination products:

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

ocks, they can be blindsided by their effects. When this happens the trader begins to feel fear. Once fear takes hold, i

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

t often translates into the trader not taking any action. The answer is to train yourself to realize that to just sit an

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

d not take action when the market behaves in an unexpected way is insane. It is how many lose money. The simple answer i

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

s of course stop losses. Traders who can overcome fear and follow through with stop losses are well on their way to beco

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

Professional from academic institutions, pharmaceutical industries, health care indust

ming good traders.

In the scenario that I have described, those who become good traders come to a point early on where

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

they realize that the reality of losing money overcomes any fear of losing money. Not matter how much you fear losing mo

.

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

ney, once the market has surprised you and the money is lost, it is still lost. To sum up again the three most important

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

Companies that provide selfless information through particip

things to remember, they are stop loss, stop loss, and stop loss. That is the key that the best traders have discovered

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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