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Did you know that money has everything to do with thoughts and emotions? Just picture them in your mind as two giant

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

magnets that draw to you the things that you want in life. Undoubtedly, money would be one of those things.

Now, l

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

Examples of combination products may in

et me ask you this, do you want or need more money? Do you have enough? I never seem to have enough! Clearly, we can

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

all agree that money is necessary for our survival. However, it also means so much more to us than just survival.

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

The further on you read, you will begin to understand what money really is and what some of the issues are in our st

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

Combination pro

uggles with money. First, lets look at what money really is. The finances that we enjoy indicate three main things:

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

1. the quality of our lives daily
2. the level of our enjoyment
3. the level of freedom we experience.

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

It is obvious, that if your finances are severely limited, so too would your ability to obtain the better things in

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

life. For instance, you would not be able to travel as freely, which in turn would limit your ability to embrace for

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

eign cultures. In effect, your options would also be severely limited.

A few issues in our struggle with money

Are

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

you beginning to see that money is not just presidents and pyramids floating around on green paper? Try to visualiz

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

Following aspects would a

e money as a stream that courses through your very life.

Those who experience a drying up of money, also experience

dd to the challenges in developing combination products:

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

a drying up somewhere in their lives. This drying up of the stream can easily hinder relationships; certainly it ca

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

rries health ramifications and also can disrupt your sense of inner peace.

I'm wondering if you feel as though you

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

are always stymied or stuck in quicksand, unable to get out no matter what you do? Watch this; have you ever thought

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

why simple strategies seem to work well for your friends and not for you?

Are you discouraged because the harder yo

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

Professional from academic institutions, pharmaceutical industries, health care indust

u work the more your lack of forward movement frustrates you? Have you ever felt like things are not coming together

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

for you?

Do you know what I mean? Am I way out in left field or are we on the same page? Have you experienced som

.

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

e or all of this before?

After years of struggle, have you found out yet what money means to you? Ask yourself this

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

Companies that provide selfless information through particip

question, what are you doing or not doing that has you stuck in a vice grip? Do you know what your main struggle is

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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Behavioral and situational interviews are used by hiring companies to screen job applicants by giving specific examples of situations that demonstrate their desired competencies.

Training as a tool for changing people's behaviour to better achieve the goal organisations set for themselves is a failure. Most organisations do not think through the design of their training enough to make it as useful a tool for employee developemnt as it should be. Hence they do not get sufficient return on their investment.

There are a great many things that sales managers are called upon to handle in the course of business. Along the way, there are a couple of serious traps that lie in wait for the sales manager who lets his or her ego distort sound business judgment. This will result in sales teams being torn apart.

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