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Top Articles - Make Money with No Money-When Will Opportunity Knock?
To make money with no money seems like a difficult task. Of course its not and you know making money with no money is not hard, its
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
just a convenient excuse.
Wealth is a state of mind. During my years of experience as an investor, I have found this one truth to
Wealth is a state of mind. During my years of experience as an investor, I have found this one truth to
; 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
stand out above all others. But the state of mind is not what you think.
Spongy ideas about the power of the mind and working you
Spongy ideas about the power of the mind and working you
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
r faith and belief have there place. But its not what I mean. I have discovered that all you need is to choose, when you want to ma
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
ke money with no money. When I say no money, I mean not more then say a few hundred dollars. Everyone has access to this much at le
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
ast if they were to discover how to compound it rapidly and effectively.
Making money with no money, the thing to remember is that
Making money with no money, the thing to remember is that
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
money is numerical in nature. If you can understand that about money, then you can see that $1 is no different then $100,000 Its j
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
ust a different numerical amount of the same basic unit.
This is simple to understand and easy to implement. You could technically
This is simple to understand and easy to implement. You could technically
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
begin with just 5 dollars. Get your calculator out and multiply $5.00 by 1.3 (that translates to 30%) multiply it by 47 weeks. You
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
will have over $1 million dollars in that time if you are able to compound your $5 by 30% 47 times.
So with your five dollars for
So with your five dollars for
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
example, you purchase 10 cans of soft drink from the local buy and save. (Stay with me here) You take these cans and put them in a
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
cooler with ice. You have just added value to your investment objects. You spend half an hour hawking them for full retail price to
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
a bunch of thirsty workers on a construction site on a hot day. You just got $1.00 per cold can. A total profit of $5.00 A 100% pr
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
ofit.
With that 10 dollars, you find something else to buy, ad value to it and re-sell. If you did that 47 times and bought up hig
With that 10 dollars, you find something else to buy, ad value to it and re-sell. If you did that 47 times and bought up hig
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
her and higher cost items as your funds increased, and made sure each increase was a mere 30% then as your calculator has already t
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
old you, you will have well over 1 million dollars within the 47th compound.
Of course, you will graduate to real estate as quickl
Of course, you will graduate to real estate as quickl
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
y as possible because that is where the real leverage and compounding is.
It works thoroughly and easily providing you stick to th
It works thoroughly and easily providing you stick to th
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
e rules. I know you would enjoy the things a million dollars can buy. Your family would praise you for ever. Its only a specified n
.
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
umber of months away.
"The pain of discipline is less than the pain of regret" Martin Thomas
Copyright2005 Opportunity Investor.
"The pain of discipline is less than the pain of regret" Martin Thomas
Copyright2005 Opportunity Investor.
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
com
This article may be freely reprinted as long as there are no changes made to it and the link in the resource box is left activ
This article may be freely reprinted as long as there are no changes made to it and the link in the resource box is left activ
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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