Advice Pool - Business

For many people career progression is really important. Career success buil

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

ds your confidence and self belief. You might aspire to:

• Become a t

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

Examples of combination products may in

eam leader

• Manage a department

• Managing a division

• B

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

e a director or partner

As people progress along the career path it is all

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

too easy to lose sight of other things and get out of balance. You know the

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

Combination pro

situation. There is never enough time for exercise, socialising with frien

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

ds, important family events. You might start to notice a deterioration in y

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

ur health.

So what might you do about it? Here are 10 tips, based on my ow

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

n experience, of how to get the balance right:

1. Decide the maximum amount

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

of time you want to spend at work each week and stick to it. Remember work

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

will expand to fill the time

2. Get a good team of people to support you s

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

Following aspects would a

o that you do not end up carrying all of the load

3. Be bold, delegate task

dd to the challenges in developing combination products:

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

s and responsibility. Not only is it good for motivation, it’s also great f

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

or personal development

4. Set yourself sensible targets on what you can ac

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

ieve

5. Take a break at lunchtime

6. Avoid back to back meetings whenever

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 can

7. Make time in your schedule for regular exercise

8. Eat regularl

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

Professional from academic institutions, pharmaceutical industries, health care indust

y and properly

9. Set aside time in your schedule for fun

10. Set weekly g

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

oals for your whole life, not just work related goals

As Richard Carlson s

.

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

ays in his book Don’t Sweat The Small Stuff, when you die there will still b

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

Companies that provide selfless information through particip

e things in your in-tray. There is a lesson for all of us in that statement

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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Advice Pool - How to Get Ahead in Your Career Without Burn Out

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