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Just Other Articles - What Interviewing Job Candidates Taught Me About Marketing
I used to have the responsibility for interviewing and hiring
employees when 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 I was in marketing and advertising management jobs. Two questions I used to ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in sk interviewees were: 1) What strengths would you bring to this position? 2) lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. Tell me one of your weaknesses. Strengths Most people had no problem here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe ointing out their strengths.
After all, they were trying to get the job so t d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro ey were
eager to point out what they had to offer. Weaknesses The w 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 aknesses question on the other hand caught many people
off guard. They were 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 hesitant to shine a light on their weaknesses.
My guess is they were afraid nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically if they admitted a weakness
they may not get the job. What it all means< 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 b> Actually the opposite was usually true. Number one, we all need to recog ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi ize that no one is perfect ... we all have
weaknesses. Those who own up to t ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a em are being honest. And they have the chance to overcome them and grow. T dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod ose who deny or bury them seldom grow. They remain
stagnant. And there' cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin a marketing lesson, too There's a lesson here for marketing and building tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen your
business, too. You have to uncover your weaknesses as
well as your 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 trengths if you want to be successful.
Just because you don't acknowledge t ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust em doesn't mean
they're not there. Learn and grow ... yourself and your y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products usiness And once you acknowledge your weaknesses you can actually take . 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 teps to overcome them and grow. And isn't that what
life and building a bus elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip ness are all about?
Learning and growing? (C) Copyright 2006 Debbie LaChus 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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