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The virtual assistance industry continues to grow, but there are still some business professionals out there who don’t know what a virtual assis

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

tant is or what they do. Here is a brief explanation and some ideas on how a virtual assistant can help you.

Simply put, virtual assistants ar

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

Examples of combination products may in

off-site administrative professionals. They should be able to complete any project that an on-site administrative assistant can complete. Vir

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

ual assistants typically have expertise in their particular area, whether it’s paralegal, administrative, marketing, writing/editing, or online

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

usiness experience. Often, these individuals will also have a college degree. They are professionals you can depend on to help you make the mo

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

Combination pro

st of your business.

Hiring a virtual assistant is going to be much like hiring a new employee – seek out several resumes and choose the person

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

with the experience and skills your business needs. The hourly rate is going to vary from assistant to assistant and will depend on their skill

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

set and experience. Where can you find a virtual assistant? Just do a search for ‘virtual assistant’ online.

There are several advantages to

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

sing a virtual assistant:

1. Since virtual assistants operate as independent contractors, businesses avoid employment costs including the cost

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

of benefits, taxes, and insurance.

2. No additional office space is needed.

3. You get a professional with experience and expertise – someo

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

e you can rely on.

4. Flexible hours and availability. She’s there when you need her, and standing by when business is slow. You won’t waste

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

Following aspects would a

your businesses resources when you don’t need the extra help.

5. More free time – you can outsource some of those everyday tasks and focus on

dd to the challenges in developing combination products:

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

hat’s important to you – growing your business.

Business professionals can use a virtual assistant for projects like: research, data entry, ac

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

counting, payroll, and creating reports, spreadsheets, or presentations. A virtual assistant can help with the simplest project or the most com

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

licated – it just depends on what your business needs. As an example, here are just some of the projects I’m involved in: completing reference

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

calls and writing reports that are then given to clients for an employment group, editing/proofreading and article submission for a copywriter,

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

Professional from academic institutions, pharmaceutical industries, health care indust

reating audio files from articles for a reference website, transcription, research, and other small projects. I’ve also ghost written an ebook

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

on hiring the right people for a joint venture project. Only one group or individual that I work with actually lives in the same state I do! A

.

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

l of my work is completed via phone, fax, email, or the Internet. The possibilities are endless.

So, get out there and take advantage of what

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

Companies that provide selfless information through particip

hese professionals have to offer! If you take the time to find a talented professional that fits your business needs, you won’t be disappointed

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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Why are so many people unhappy in their work situation? Why do people, who are successful at one career, have such difficult times coping with their new career? These problems frequently occur, because conflicts exist in their work relationships.

One thing I have always learned in business is that when your competition is going down, they usually pull something dishonest or disreputable in the process. Further those who cannot compete cheat. But what amazes me is that most of the competition out there cannot think and therefore makes poor choices and linear decisions, which gives you the edge over them. I would like to talk with you briefly about how to; Out Think Your Competition!

How do you guarantee success in any marketing program? Here's a tip: try looking at your...

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