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The term Virtual Assistant or VA has been filtering around successful business circles for quite some time; yet, surprisingly, there are still some people who are unsure about

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

what, exactly, a VA is. Quite simply, a Virtual Assistant is an independent entrepreneur who offers business support to other professionals or businesses in a wide variety o

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

Examples of combination products may in

f areas such as administration, technical, and creative. The catch is that the support is provided "virtually" with many VAs never actually meeting those with whom they colla

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

borate.

Now you're probably asking yourself, "So how does that work?" Basically, a Virtual Assistant works from his or her own office and utilizes his or her own equipment i

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

ncluding computers and software. VAs typically communicate with those who contract their services via email and telephone. Materials which need hardcopies are often transmit

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

Combination pro

ted by fax or through courier. Virtual Assistants are independent which means that employers profit by not having to pay benefits, holiday pay, sick days, lunch breaks, etc.

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

they simply pay a VA for the hours worked directly on tasks.

What can a Virtual Assistant Do for Me?

For as individual as each business’ needs are there are Virutal A

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

ssistants who specialize in almost any business area you can think of. Some people need project organization and management, other find they need scheduling and concierge ser

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

vices, still others need creation of presentations and marketing materials. For each of these needs and the full gamut of business needs, there are Virtual Assistants who are

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

well trained and experienced to provide support and manage tasks. Most business owners and/or executives who benefit from the services of a Virtual Assistant will tell you t

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

at their number one benefit is having more of their time freed up from the time consuming tasks so that they can focus on doing the part of their jobs that they love best.

Ma

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

Following aspects would a

ny people find that they like working with a Virtual Assistant because it eliminates any hidden project costs. VAs typically quote either an hourly or overall project rate so

dd to the challenges in developing combination products:

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

that costs are discussed up front. Because of the unique nature of the Virtual Assistant – Professional relationship, someone contracting VA services can rest assured that t

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

he VA is invested in the success of those with whom they collaborate. As those whom a VA support become more successful, the VA becomes more successful.

Where Can I Learn

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

More About and Find a Virtual Assistant?

There are several associations that have begun to set standards for the VA industry as well as act as a contact point for those

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

who are looking for a Virtual Assistant. Two such organizations are the International Virtual Assistants Association (http://ivaa.org/) which lists Virtual Assistants from ar

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

Professional from academic institutions, pharmaceutical industries, health care indust

ound the world and also, in Canada, the Canadian Virtual Assistant Network (www.canadianva.net) which lists Virtual Assistants based in Canada.

While many small business owne

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

rs sing the praises of Virtual Assistants, as they can provide support and a high quality set of skills to help other entrepreneurs regain balance to their workload, many Exec

.

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

utives and larger companies are also realizing the efficiency and accuracy that a VA relationship can bring to their enterprises.

The key to any successful business is having

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

Companies that provide selfless information through particip

a plan and sticking to it. A Virtual Assistant can help you stick to the plan and still have time to focus on your core business so that you can sustain it for years to come

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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To install or not to install? This question is at the forefront of debates concerning the management of nursing homes. At present, the issue of whether or not to put security cameras in nursing homes and where these should be placed is extremely controversial and is far from resolved.

To become an occupational health and safety professional you must have educational qualifications and experience. You also must pass certain written examinations. All occupational health and safety specialists and technicians must go through on the job and classroom training, to learn about the relevant laws and inspection procedures.

Accounts Receivable Financing- Get a Job explores the history of staffing agencies, the staffing industry as it exists today, and financing techniques for expanding staffing agencies that are either start-up enterprises, or growing so rapidly that alternatives to bank financing are required.

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