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If you`re investing for the first time in an offshore account, it can be confusing. You must choose a reputable bank and handle the ins and outs of

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

offshore accounting procedures. There are no first time investing procedures to follow. However, the following five simple steps will give you the

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

Examples of combination products may in

information you need.

First, figure out how much you want to invest. If you can only invest $1,000, focus on the institutions that allow that min

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

imum.

Next, which jurisdictions do you have access to? Keep in mind that the bank or institution must be authorized to deal with your particular c

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

untry of residence. If jurisdictional issues prevent fund access, you may be required to use an appropriate structure; you can always use a mail re

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

Combination pro

direction service as well to access to offshore investments without much problem.

Next, which specific fund do you want to invest in? To choose, s

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

earch the Internet, read offshore investment guides and publications, or use an investment information provider.

Your research should focus on the

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

fund's previous performance, its management and assets. Watch it for three to six months before you invest, and don't rush into anything.

Next, be

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

fore you can invest, decide whether you want a broker or will do this yourself. If you choose a broker, you`ll next need to call the broker and hav

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

e him or her make the needed arrangements. If you decide to do it yourself, request a current copy of the fund's prospectus and then begin the prop

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

r investment proceedings from there. To obtain a prospectus from the fund, fax a request for it. The following is a sample of how you might word it

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

Following aspects would a

:

Dear XXXXXXXXX,

I am the investment administrator of a company domiciled in (insert tax haven here).

I would appreciate a current copy of your

dd to the challenges in developing combination products:

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

prospectus so that I may invest in your fund.

My mailing address is
XXXXXXXX
XXXXXXX
XXXXX

Kind regards,

XXXXXXXX

I have used

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

this type of letter often. Even when I used an Australian postal address, the fund still sent the prospectus, even though they also sent a letter s

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

ating that they were not authorized to deal with Australian residents, and therefore could not take my investment. They did give their account deta

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

ils, though, for my information.

Finally, if you`ve met all criteria and want to go ahead with the investment, a bank draft is the easiest payment

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

Professional from academic institutions, pharmaceutical industries, health care indust

method. Just attach the check to the completed prospectus and send it to the fund.

When you set up the bank draft, if you use a bank with an inte

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

national essence, you`ll likely raise fewer questions. You also cannot post the prospectus from a country that the fund is not authorized to deal w

.

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

ith.

The above five steps should make your first offshore investment experience relatively easy and even fun. You should know that the fund may st

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

Companies that provide selfless information through particip

ill deal with you even if all their criteria are not met, but following the steps above should be your easiest route to opening an offshore account

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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