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Advice Pool - The Road to Success
Everybody wants success in life, the good life. It’s not just about making money, although money helps to oil the wheels and bring you the rew
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
ards of all your hard work. But on the road to success, to feel good about yourself, and just as important, to make others feel good about you
; 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
you need to strike the right balance. These 6 key steps on the road to success will help you achieve your dream. They are the blueprint for
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
he rest of your life.
1. Who are you? What are you? What do you want to be?
On the road to success, you must play to your strengths whilst
1. Who are you? What are you? What do you want to be?
On the road to success, you must play to your strengths whilst
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
nowing your weaknesses. Make a list of your strengths and weaknesses, be brutally honest, as they say, know yourself as you want others to kno
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
you, and try to project yourself positively.
2. Looking good, feeling good. First impressions can form a lasting judgment
Although outward
2. Looking good, feeling good. First impressions can form a lasting judgment
Although outward
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
ppearances can sometimes be deceptive, they are the starting point for those you meet for the first time. They can influence the way they deal
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
ith you. Remember you can always dress down, but you can never dress up. Look smart, and think smart. Look as if you mean business. Look con
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
ident and the road to success will be paved with gold.
3. The art of verbal communication. It’s not what you say, it’s the way you say it.
H
3. The art of verbal communication. It’s not what you say, it’s the way you say it.
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
w you express yourself in words can make all the difference when dealing face to face with people in all walks of life. There will be times fo
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
the one liner, and times for a more measured response. Face to face communication is one of the most effective steps on the road to success.
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
4. Personal interaction. Learn as much as you can about those you want to impress and influence. What makes them tick, their likes and dislik
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
s.
You want success. You’ve got the product or the idea, and you want to sell it. You need to know as much as possible about your target. S
You want success. You’ve got the product or the idea, and you want to sell it. You need to know as much as possible about your target. S
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
end time before that crunch meeting learning as much as you can. Phone his PA or look up his bio, find out what makes him tick, and what makes
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
im successful. Find out what will impress him and what will turn him off.
5. The power of persuasion.
On the road to success, you need to se
5. The power of persuasion.
On the road to success, you need to se
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
l yourself and your product on the most favourable terms possible. Prepare your pitch carefully, this may be your one and only chance to close
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
the deal on your terms. Be ready for anything. Expect the unexpected. Impress them, and leave them wanting more.
6. Smell the roses.
Get a b
6. Smell the roses.
Get a b
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
lance in your life. The road to success is not all work and no play. This a recipe for failure and an early grave. Spend time with friends and
.
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
amily, listen to them, enjoy them and yourself. This will make you a better and more successful person.
By following these 6 key steps on the
By following these 6 key steps on the
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
road to success, the future is bright, and it’s yours for the taking. Make today the first day of the rest of your life. Do it, and do it now
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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