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Just Other Articles - The 3 Biggest Time Wasters
Have you ever stopped and consider how much time you have during the day? How about during the week? How much of this time do you spend on acti
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
vities and people that waste your valuable time? What are your time waster during the day? Sometimes we go through life surrounding ourselves w
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
ith activities and people that take away our time. Once time is gone. It is gone forever. Only by realizing what and who takes away are time wi
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
ll we move forward to the next level.
Time wasters are poor decisions or not making a decision during our day. They cost time and also money.
Time wasters are poor decisions or not making a decision during our day. They cost time and also money.
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
It is a vicious cycle. Poor decision making and being indecisive is like a tornado. It goes round and round. It destroys everything goals, drea
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
ms in your path. It becomes a habit. Look at you life right now. What were you doing 1 year ago? What were you doing 3 years ago? Does it look
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
about the same? It is based on the decisions that you made.
There are 3 biggest time wasters. Your ability to deal with them will determine wh
There are 3 biggest time wasters. Your ability to deal with them will determine wh
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
ere you will be in the next year.
1.Procrastination. Procrastination is one of the biggest time waster of them all. You probably have heard o
1.Procrastination. Procrastination is one of the biggest time waster of them all. You probably have heard o
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
r even know people that live their lives in quiet desperation and end up retiring poor. Have you meet people that go through life that find eve
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
ry reason or excuse not to do it today. They do it over and over. They make excuses day after day. Then one day their lives are OVER.
2.Not ma
2.Not ma
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
ing decisions. Not making decisions rob more time than you realize. It cost you money too. It can produce unnecessary tasks. Decision making re
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
quires courage and moving forward. When you are wishy-washy, you are unable to make decisions with family, kids, or careers. Nobody likes to fo
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
llow someone that is indecisive not even kids.
3.Putting out fires and taking care of emergencies. This is a huge time waster. When you are ab
3.Putting out fires and taking care of emergencies. This is a huge time waster. When you are ab
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
out to settle down to do a task or go to work. Something unexpected happens and pulls you away from that task or work. This sometimes rolls fro
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
m minutes into hours and hours. The greatest leaders throughout our history thought ahead and determine all the things that maybe go wrong. The
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
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
n they would plan in advance. If something did happen, they could move quickly or delegate it. They would get it done. Poor leaders trust in lu
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
ck. Crisis will happen just don’t pitch a tent next time.
Most valuable skill you can develop is a sense of urgency. Get on with it. Make thin
Most valuable skill you can develop is a sense of urgency. Get on with it. Make thin
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
gs happen. It is the most powerful factor. It can move you forward no matter what situation we are in right now. Most important way to improve
.
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
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
your decision making is you are not perfect. A not perfect decision made immediately goes far then not a decision at all. When fires do occur t
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
hink before you act. Action without thinking leads to failure. Just be objective. Live your life if it was your last day here on earth everyday
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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