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  • Advice Pool - Communication Skills - Turning Pennies into Gold

    How does the expression, "It is more blessed to give than to receive" apply to being an effective communicator? What do we give to our communication pa
    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
    rtners when we communicate well? We give two key gifts: our undivided attention and clarity of thought.

    Only a Penny for Your Thoughts?

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

    Examples of combination products may in
    you have heard the humorous question, "You 'put your two cents in', but it's only a 'penny for your thoughts'. Where did that extra penny go?" When we
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    value the messages we hear only half as much as the messages we deliver, our communication is not effective. That "penny" is truly lost.

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

    Effective communication is a two-way channel which (1) stays open, (2) receives equal value in both directions, and (3) h
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    as an interactive balance between sender and receiver. When we are in a communicative exchange without these requirements, it feels like giving two cen
    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
    s in exchange for one cent.

    Undivided Attention

    There is a big difference between talking, listening, and communicating. We do not talk "to" p
    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
    eople when we communicate well; we talk "with" them. We give attention, listening with empathy and returning clear messages in the appropriate context.
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

    In a verbal dialog, we have the roles of both listener and speaker. If we fail to look beneath the surface—to listen deeply with our eyes, ears, and h
    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
    earts, we block the channel. We cannot respond meaningfully to messages we do not hear completely. We give undivided attention to our communication par
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    ner when we listen deeply.

    Clarity of Thought

    Likewise, if we fail to state our messages in a clear and simple way, we clutter the channel wit
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    h static; no matter how much our partner wants to hear our messages, those messages with their intended meanings get lost. Clarity of thought allows us
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    to deliver our messages clearly, simply, briefly, and in context. Then, our "two cents" turns from pennies into gold.

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

    Think about a particular relationship--in your personal life or career--in which you want to communicate effectively. Then, complete these sent
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    nces in various ways that apply to you:

    We seem to stop communicating effectively when________.

    We seem to communicate very effectively when_________
    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 may find it valuable to work on this together with your communication partner. This is a very revealing exercise. It will allow you to pinpoint
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    ehavioral and contextual strengths and weaknesses in your exchanges with a particular person or group.

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


    Give your communication partners today the gifts of undivided attention and clarity of thought. You will find it is indeed "more blessed to give" whe
    .

    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
    you communicate well. Best of all, you will find that your communication skills will double immediately. The gifts of undivided attention and clarity
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    of thought will turn your communicative exchanges from "pennies into gold" and bring immeasurable value to your personal and professional relationships


    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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