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Lawyers make up one of the highest paying professions available. Their investment of time and

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

money, though, is part of what allows them to command such high salaries, so let's talk for

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

Examples of combination products may in

a minute about the salary increase for lawyers and the commitment required.

Three Years

Aft

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

r finishing your undergraduate degree, you will have three more years of full-time schooling

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

before you can become a lawyer. The requirement of time and commitment is great, and many peo

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

Combination pro

ple find that it is simply too much. Before applying to law school be sure that you are truly

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

interested enough in the law to invest this kind of time and effort.

Shadow

Before you offi

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

cially start law school, shadow several lawyers. Once you start school, you will have a lot o

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

f choices about what type of lawyer you will become. It's best if you can actually shadow a f

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

w people before making such a huge commitment of time and money. Check out the profession and

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

see if it's something you can actually see yourself doing for many years in the future, or a

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

Following aspects would a

t least long enough to pay off your student loans.

How Big Is the Increase?

Lawyers can mak

dd to the challenges in developing combination products:

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

anywhere from $80,000 a year to well over $200,000 a year depending on the type of lawyer, t

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

heir experience, and the geographical location. The increase is certainly significant, especi

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

ally if you eventually own your own practice. Just remember that the increase is partly so la

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

ge because this is a high stress job. Make sure you can take it before you begin law school.

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

Professional from academic institutions, pharmaceutical industries, health care indust

Before Signing Up

Before applying and paying for a law program, consider the following:

Ca

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

n you commit to three more years?

Have you shadowed a lawyer?

Can you handle the stress of

.

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

he job?

Is the salary increase worth all that work?

When you've answered all the questions,

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

Companies that provide selfless information through particip

then you'll be ready to decide whether or not a law program is right for you and your family

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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