Advice You - Business

Do you want to get a promotion and make a lot more money? Do you want to be recognized for your hard work? Do you want to keep your jo

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

b and not be downsized? In fact, do you want to know the secret to be Upsized? The most important skill you will ever learn is how to

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

Examples of combination products may in

tudy and understand Office Politics.

Office politics play a very important role in whether you get a promotion, an award, the job that

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

ou want, or the compensation that you receive. Virtually every aspect of your professional career is influenced by social politics. T

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

e proper understanding of the social “food chain” in your work space is essential for your professional success and financial well-being

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

Combination pro

To understand why the organization works and how to use that information to your advantage, you must first understand how the “Big Fis

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

” act and think. Who are the “Big Fish”? They are the decision makers, the people who are up-and-coming in the company and the people

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

ho hold ultimate power in the company. These are the CEO’s, Presidents, VPs, managers, and supervisors who are what I consider to be “i

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

favor”.

When it comes to these “Big Fish” they typically care only about two things. The first is how they can take credit for increa

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

ing the effectiveness of the company and the second is who around them can get the results they need to be successful. To summarize, fo

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

these people it is all about self-preservation and self-promotion.

Are the “Big Fish” unethical or self-absorbed? No, the successful

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

Following aspects would a

people just want excellent employees working for them and they expect results. If you were in a dog-sled race would you want a team of

dd to the challenges in developing combination products:

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

iberian Huskies or Chihuahuas? The answer is obvious; you would want to win the race so you would want the best team available.

Can th

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

s information be helpful to you? Let me ask you:

1. Do you think you stand a better chance of getting a promotion working for a “littl

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

fish” or a “Big Fish”?
2. Is your chance of getting a good raise better or worse if the VP knows your name and the projects you ha

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

e worked on?
3. Are you more or less likely to move up in the company if you are working on a “Big Fish’s” pet project?

The bottom

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

Professional from academic institutions, pharmaceutical industries, health care indust

line is this…If you align yourself with a “Big Fish” you will be considered for more opportunities than you would ever have working for

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

“little fish”. Why? The reason is because people trust people who can get the job done. If the “Big Fish” trusts you then he/she wil

.

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

be comfortable giving you more and more responsibility. And with more responsibility comes promotions and A LOT more money.

Study you

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

Companies that provide selfless information through particip

office politics and align yourself with a “Big Fish” and will progress your career farther and faster than you ever could have imagined

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.adviceyou.org.ua/article/12072/adviceyou-The-Single-Most-Important-Aspect-of-Your-Career.html">The Single Most Important Aspect of Your Career</a>

BB link (for phorums):
[url=http://www.adviceyou.org.ua/article/12072/adviceyou-The-Single-Most-Important-Aspect-of-Your-Career.html]The Single Most Important Aspect of Your Career[/url]

Advertising – we are all aware that it is a necessary part of doing business. Globalization not only offers liberalized market but also provides all possible opportunities to the advertisers and consumers. Satellite channels have also witnessed this wave of change. Advertisers have more channels to advertise their product or service than ever before. But hunting for an appropriate cheap media is equally important as to prepare a good advertisement. Globalization allows an effective media to the small marketers through cable advertising. Cable advertising has tried to ease the problem to some extent. Small marketers can now fulfill their dream to reach the defined target consumers. In this article, we have made an effort to cover some key points about cable advertising. How did cable industry enter the Indian subcontinent? What are the basic factors behind this? What are the advantages of using cable advertising? How do you place the cable advertising?

Have you ever purchased a coffee from Starbucks? How come they can charge you five times what it’s worth and we still go and buy it? Ever wondered what’s going on here? Well, the reason is: they are not just selling coffee – they are selling us a lifestyle.

Tags

Links

Advice You - The Single Most Important Aspect of Your Career

Related Articles: