Advice Pool - Business

It is not realistic for HR Managers to believe that there will not be any staff turnover in the organisation. Having regular staff turnover need not be a negative proposition as it may

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

imply that the industry is very dynamic. There are also other varied reasons for this: The organisation may undergo a restructuring exercise or its headquarters may be relocated to a di

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

Examples of combination products may in

fferent country. With new talents to improve the competitiveness of the organisation, it is dependent on each employee to take full control of his career progression.

In this article,

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

tips will be provided about making the best decisions in career progression.

Your Expertise:

You have to be objective and honest about your own personal expertise assessment. Are you

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

suitable for a particular job or are you expected to learn in new skill? It is best to find out about the future progress of your chosen industry so that your skills will not be deemed

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

Combination pro

as outdated by other organizations.

Your Networks:

You should also get in contact with your corporate networks and find out more about the industry. This will be useful if you want to

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

take up relevant courses to boost your employability in the industry. You can also join informal Internet Forums to get more information.

During The Transition:

It is wise to take st

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

ock of your current situation before you make a career transition. The most important aspect is your regular financial commitments. The reason is that making a career transition needs c

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

onsiderable adjustment in time and building new working relationships. You may have to set aside more money in your new working environment for transport, eating and business entertainm

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

ent.

Your Company Has Changed Focus:

You feel that your organisation may have changed its long-term focus and your skills may not be as important as before. This is not uncommon occur

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

ence especially with globalisation. It is good to have a word with your immediate superior and explain your wish to change your job specification. Your initiative may actually prompt yo

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

Following aspects would a

ur immediate supervisor to recommend you for a promotion.

Needing New Challenges:

With the recent dot-com explosion, many people have been exposed with the excitement of setting up a

dd to the challenges in developing combination products:

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

company from scratch. There is a lure of being an entrepreneur. You may not want to be a technopreneur but you are certainly considering to be an Independent Consultant.

Do not throw a

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

way your current contacts: They may prove to be instrumental in getting new contract. Leave your organisation in good terms; they may be your future alliances.

Overseas Posting:

Your

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

Career Move may also be an overseas posting. The reason is that your performance may be monitored and a good showing will bring positive results. Before you accept the overseas posting,

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

you should make the effort of finding out about the living conditions and expenses. A lot of this information can be found on the internet It is also prudent to get in contact with oth

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

Professional from academic institutions, pharmaceutical industries, health care indust

er employees who have had the same overseas posting.

Developing A New Product/Expertise:

If you are in the R&D industry and you are developing a patent, you may decide to make a caree

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

r move because your current work environment may not be conducive. This is not a difficult decision as developing a patent may take about 5 years and you do not want to waste your produ

.

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

ctive years not completing the patent design.

Needing More Flexibility:

A career move be a signal your deep desire to pursue other interests. This can be in the form of writing a book

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

Companies that provide selfless information through particip

or completing a study program. Many senior employees make this conscious decision after their children's education have been settled or after accumulating a comfortable retirement fund

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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Many wondered why their years of experience in the business world could not be applied in China immediately. Therefore adopting the correct approach and understanding the China's business culture is vital in order to be successful in doing business in China.

Brochures are powerful advertising tools that help in persuading consumers to purchase their requirements form a certain store. However, their power is increased only when they are created uniquely and accurately to represent you in the market. The creation of a brochure design is a collective process among the competent writers, designers and printers. It is with these people's expertise that an effective brochure is created.

Whatever your circumstances, you probably wish for something else!!! Perhaps you want to be thinner, or taller or better looking. Perhaps what will make you happy is to be richer or have more time to spend with your family and loved ones. Some people believe that if had followed a different career or that they could rewrite their own history they would be better off.

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