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There are hundreds of ways to grow your business, from hiring a marketing expert to running expensive ads i

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

n trade publications. If you are in the early years of your business, chances are you don’t have spare capi

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

Examples of combination products may in

tal to invest in costly strategies. But there is a low-cost solution that can give you a powerful return on

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

investment…in more sales closed and in better relationships with your clients. When you choose teleseminar

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

s to grow your business, you are able to tap into something that even the costliest of consultants can’t de

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

Combination pro

liver…a personal and even intimate connection with your customers.

Exactly how can you use teleseminars to

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

grow your business? Here are five easy ways to leverage the power of this technology:

1. Deliver free inf

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

ormation to your customers by holding regular, customer only teleseminar events. If you don’t want to speak

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

yourself, then bring in a guest expert. These events will really add value to your services.

2. Hold a pa

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

id teleseminar event and charge your customers for attending. Of course, your paid events will deliver prem

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

ium content.

3. Record your teleseminars and use them to attract customers. Offer a recording of one of yo

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

Following aspects would a

ur free calls as an enticement to sign up for your email newsletter.

4. Package a series of your paid tele

dd to the challenges in developing combination products:

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

seminars into a package and sell it as a digitally downloadable product.

5. Finally, use teleseminars to a

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

ctually sell your products and services. Invite your customers, tell them about your product as well as giv

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

e them good information. Then sell your product at the end of the call, using a time-limited offer to compe

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

l action.

Teleseminars are a great way to leverage the power of technology to bring you into a much closer

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

Professional from academic institutions, pharmaceutical industries, health care indust

relationship with your customers and clients. When customers hear your voice, they feel they know you and

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

that they can trust you. And when your customers know, like and trust you, they will come back to you to do

.

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

business again and again. So forget the expensive marketing solutions and grow your business using telesem

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

Companies that provide selfless information through particip

inars. Once you experience the power of teleseminars you will wonder how you ever did business without them

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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