Advice You - Business

Prior to interviewing with a company, you need to do some research.

One reason to find out more about the prospective

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

employer is to determine if you want to work there. A job is not just a job. Another reason is to be able to respond appropr

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

Examples of combination products may in

ately in the interviewer when you are questioned.

Here are some things you should know. Consider each of the following quest

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

ions carefully.

These questions are about the company itself:

1. What do you know about our organization?
2.

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

hy do you want to work here?
3. Do you think you will fit in with our corporate culture?
4. What do you know about

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

Combination pro

our products/services?

These questions are to help you decide if you want to work there:

1. Is the company a major

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

competitor in its field?
2. Does it have a solid mission statement?
3. Do the company's financial statements reflec

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

t a good position?
4. How well is the company expected to perform in the future?

There are many places to do research t

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

find out the answers to these and other important questions. One of the easiest, of course, is the internet. Many compani

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

es have their own websites, so you can glean a great deal of information there. Review news articles and PR websites for rec

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

nt activity regarding the organization.

Another place that is often overlooked, but most likely has more information than an

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

Following aspects would a

other source, is your local library. When you visit just ask the librarian to point you in the right direction. It may take

dd to the challenges in developing combination products:

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

a little more legwork, but the information is usually more abundant and better organized than any web search.

Some companie

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

will be easier to research than others. Privately held firms are under no legal obligation to make their financial statemen

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

ts public. Any organization that has publicly traded stock must disclose certain pieces of financial information per the Sec

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

rities and Exchange Commission, so you will find information readily available on them.

Another reason you might have some d

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

Professional from academic institutions, pharmaceutical industries, health care indust

ifficulty researching a company is if it is a subsidiary or division of a larger organization. Again, a librarian can help y

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

u ferret out the leads you need to follow to get the information you are looking for.

Research is important if you want to b

.

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

e prepared for the job search process. It isn’t just about being prepared for the interview, though. You have to be certain

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

Companies that provide selfless information through particip

you want to work for a particular company, too. So, dig. Find out what you need to know in order to make informed decisions

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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