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Really, throw it out the window.

The workplace today is nothing like it was ten years ago and there is no going back. The world of ou

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

r parents, a world where employers concerned themselves with the long term; or even the overall moral of their employees - that is gone

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

Examples of combination products may in

A world where one can expect to stay with a company for twenty plus years, retire with a modest pension and health care is non exista

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

t.

The reality is far harsher.

Most CEOs do not see past the next fiscal report to Wall Street, or the short term politics of the boa

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

d of directors. While small businesses are being developed to be sold. Most of you reading this will go through a downsizing due to a

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

Combination pro

ale of you place of employment.

Part of this change is due to the global economy, and the downward pressure it places on the wages of

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

he middle class.

There is very little any political party can do about this as the global economy is here to stay.

So what do you do?

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

There are great advantages to this for the average Joe, and I have lived on both the managerial side making the decisions and on the

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

ide that was downsized.

• Do not make the mistake and assume that your boss is looking after your career. If you do not have a five y

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

ar plan with specific goals – you are no better off than a hamster using its exercise wheel, running in place and getting nowhere.

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

• Do not buy into the old rules of career planning, the average person will stay at their current job no more than four years. Job hop

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

Following aspects would a

ing does not carry the same stigma it once did. In most cases THE ONLY way to advance your career and get an increased in salary is to

dd to the challenges in developing combination products:

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

promote yourself by taking another job.
• Job searches MUST include networking (this is easier than you think,) not just respondin

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

to ads. There is a large non advertised market.
• If you spend more than you make, and save nothing you will have no capacity to

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

walk away from a bad situation.
• For example I remember reading about a certain banking institution that decided to outsource t

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

India, (the global economy I mentioned above) but the kicker was the following – the workers who lost their jobs had to TRAIN their re

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

Professional from academic institutions, pharmaceutical industries, health care indust

lacements to get any severance. As you can imagine most did just that as they could not afford to go without the money. This is the k

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

nd of desperate behavior employers count on. FREE YOURSELVES from this tyranny – SAVE. This is easier than you think.
• If you

.

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

re thinking about starting a home business but worry about leaving the security of a job – I say to you WHAT SECURITY.
• The avera

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

Companies that provide selfless information through particip

e worker, if willing to think outside the box, and act courageously CAN achieve financial security DESPITE the points I mentioned above

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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Extranets are gaining rapid popularity because they address the most fundamental issue of ‘real-time’ effective communication with customers and collaborators - the need to communicate quickly

Where is the logical place to begin any marketing effort? It’s both inside and outside your own business front door. Start at this key advertising spot before thinking about any other.

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