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As an entrepreneur interested in start-up investment and at the same time being an in

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

dividual concerned with the risk involved in that investment, you should better know

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

Examples of combination products may in

he industry in and out. Venture capital is provided by Private banks, Investment bank

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

etc. Venture capital is also fund provided by entrepreneurs/professionals who are in

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

erested to invest in expanding businesses for the sake of high rate of interest. Ther

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

Combination pro

e are many governing factors, which are taken into consideration before starting a ne

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

business, some of them are:
· Working premises
· Machinery
· Funds

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

· Other assets and liabilities

Well-managed venture capital firms are generally pr

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

vate partnerships funded by private firms, wealthy entrepreneurs and the venture capi

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

talists themselves. Lets get familiar to some of the terms that are used to define th

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

funding of start-up businesses:

Venture Capital: This is a kind of equity investmen

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

Following aspects would a

generally suited for start-up companies or growing businesses.

Venture Capitalists:

dd to the challenges in developing combination products:

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

The term venture capital means financing an early stage business, which involves high

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

er risk investments with a potential for above-average returns. The person making suc

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

investments is known as venture capitalists.

Angel Investor: A person providing ven

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

ure capital to start-up businesses is often referred to as an angel investor. Angel i

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

Professional from academic institutions, pharmaceutical industries, health care indust

vestors are entrepreneurs who look for higher rate of return in comparison to traditi

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

onal investments.

When it comes to obtaining money and funds, there are many banks,

.

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

hich are willing to pay a certain sum of money from the available packages. Then ther

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

Companies that provide selfless information through particip

are venture capitalists and angel investors who invest for the sake of large profits

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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