Business Articles - Internet and Businesses Online

For many authors the thought of getting professionally published is little more than a dream. That was until the a

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

dvent of the internet started threatening the very existence of publishers. As the internet started gaining moment

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

Examples of combination products may in

m, real world publishers started finding strategic ways to ensure a peaceful co-existence with online publishers a

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

nd self published authors. However to this day, traditional publishers are seeing only a small growth rate of 5%,

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

hile ebook sales soar at about a 30% growth rate. The exciting news for many authors is that you now don’t need to

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

Combination pro

subject yourself to the rejection notices and snobbery of the publishing community.

You can now simply publish an

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

d sell your book online in soft cover, hardcover or ebook format and make extraordinary profits (more so than you

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

ould have made from an established publisher). Countless authors are brining in thousands of dollars on a monthly

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

asis promoting their works online. It’s a reality that people are incorporating ecommerce transactions into their

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

daily routines and a good portion of those transactions involve the acquisition of information and entertainment.

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

any authors have a hard time getting their heads around the fact that people are buying books and ebooks online. M

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

Following aspects would a

ny authors believe that customers need to “shop in real stores” or “ebooks won’t work because people need to hold

dd to the challenges in developing combination products:

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

and see the book”.

These statements couldn’t be further from the truth. The fact remains that books stores such a

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

Amazon dot com have sales in the billions of dollars; proving that people WANT to buy books online. As well Steph

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

n King had released a book exclusively in ebook format. The book became one of the most anticipated releases as we

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

ll as THE MOST successful book (not ebook) release in human history. People flocked to web merchants to buy his bo

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

Professional from academic institutions, pharmaceutical industries, health care indust

k, again proving that customers buy books and ebooks online. So why do so many authors ignore the net? Mainly beca

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

se they are stuck in their ways.

They have a 1997 mentality and refuse to change, and by doing so limit their fin

.

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

ancial success as authors. The bottom line is, you don’t need to be a Stephen king, or an Amazon.com to sell onlin

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

Companies that provide selfless information through particip

. Countless “unknown” authors are making a killing online and for the first time, getting recognition as an author

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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