Subjects - Business

Many mobile Notaries are out there right now wondering why the ever got into the Mobile Notary Signing Agent Business. Lured no do

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

ubt by fancy advertising promising easy money with flexible hours, they have come to find that Mobile Notary money doesn't comes e

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

Examples of combination products may in

sy and flexible means that they are available to work 24 hours a day seven days a week, not like that "ridged" Monday - Friday 9 t

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

o 5 gig they used to have. It's not that the Mobile Notary Business is all bad, in fact it can be quite rewarding, fun and profita

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

le. But is it right for you? Here are a few questions you should ask yourself before starting up your Mobile Notary Business.

1.

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

Combination pro

m I willing to work long hours for very little to no money?
It's not fair but it's true. When starting out your Mobile Notary

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 be prepared to make very little money for the first few months while working 12 to 16 hour days. From marketing to sales

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

to taxes, there is always something to be done when starting out as a Mobile Notary and you wont be paid for it. In fact the only

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

ime you will make money is when you make a sale. Which leads to my next question.

2. Do you enjoy sales?
Because if you don'

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

t, your going to have a very hard time getting your Mobile Notary business off the ground. As a mobile notary you are in the busin

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

ss of selling a service, and when selling your services as a Mobile Notary Public your really just selling yourself.

3. Do you ha

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

Following aspects would a

e a fuel efficient vehicle?
Being a Mobile Notary means putting a lot of miles on your car sometimes 5000 or more. On top of

dd to the challenges in developing combination products:

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

that gas prices are through the roof. Estimate your miles per month at about 2,500 divide that by the miles per gallon your vehicl

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

gets, lets say 12mpg comes to 208 gallons of gas, multiply that by the cost of gas $3.30 in some areas comes to a grand total of

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

684. Out of pocket, be for you collect a dime.

4. Got Commitment?
What happens if you make 75 bucks as a Mobile Notary in yo

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

ur opening month! Are you going to quit? What if all you make is 75 bucks for the first 3 months as a mobile notary, what then?

B

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

Professional from academic institutions, pharmaceutical industries, health care indust

ing a mobile notary is not easy, at first it's all work all the time, after a while you might take a full weekend off and even mak

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

some money. Ask yourself, do I have the commitment to get through the worst of the worst just to see it get worse, because the tr

.

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

uth is it does and it will. Like with everything, in time you learn to love it and become good at it, if not great. Spend some tim

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

Companies that provide selfless information through particip

talking with friends and family about your plans and be realistic about what to expect when first starting out as a Mobile Notary

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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