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You are no doubt familiar with the expression, “can’t see the wood for the trees”. It means when something is so obvious you ofte

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 overlook it. OK, so what’s the most obvious thing that you are overlooking every day, something that could put money in your po

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

Examples of combination products may in

cket on a daily basis 365?

If you hadn’t read the headline you would never have guessed.

The actual answer is “daylight”.

All

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

you need to turn daylight into cash is a solar panel. They can put money in your pocket, or to be more precise they can reduce yo

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

ur expenditure and allow you to keep more of your hard earned cash in your pocket.

How do they work?

There are two distinct tec

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

Combination pro

nologies at work here. One is called solar (PV) or photovoltaic that will turn light into electricity, which you can then use 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

power up your appliances. Solar (PV) is a brilliant technology that is under constant development and will eventually lead to hou

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

ses being built with solar roofs. Right now, due to cost per Kw, it is best suited to smaller applications such as garden lightin

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

g, pond pumps and mobile use on boats etc.

If the rate of development echoes that of the computer, which has gone from mainframe

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

to laptop in under 20 years, it won’t be long before you are much less dependant on your power company.

Solar thermal, however

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

s already a well-tested technology and has almost universal appeal, but through lack of education or human inertia is still under

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

Following aspects would a

utilized in many developed countries. Domestic take-up of these panels differs dramatically from county to country, with Germany

dd to the challenges in developing combination products:

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

having reached a level of 50% of domestic homes with solar thermal, against the UK with around 2%.

With energy costs set to ris

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

e to unparalleled levels in the near future, more should be done to educate the people to the benefits of installing solar panels

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

. Solar energy is a free and ever-lasting source that doesn’t pollute the atmosphere and, being cheap to install with extremely l

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

ow maintenance costs, is surely the route to take.

It may be the misconception that solar thermal requires direct sunlight to pr

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

Professional from academic institutions, pharmaceutical industries, health care indust

duce heat and that northern European climates are not suitable candidates. Due to continued research, panels have been designed f

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

or just such climates that are capable of turning diffuse daylight into heat without the need for clear blue skies.

So if you wa

.

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

nt to reduce your energy bills by using a free, everlasting source, that will provide around 70% of your hot water annually and a

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

Companies that provide selfless information through particip

t the same time dramatically reduce your impact on climate change, you need to be looking at a solar thermal system for your home

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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Networking is one of the most important skills you must master in your path to becoming obscenely rich and successful. In the book Think and Grow Rich, Napoleon Hill teaches that you must build your Mastermind Group through building your network. Your network is your personal advisers to help you in the path to success and the larger your Mastermind Group the more you can achieve. The key to building this group is to be able to network with your business associates, those you know and those you don't. There are ten questions you can use to start a conversation to learn about a person you may have not have met yet in your path to see if they are worthy of your mastermind group.

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