Advice You - Business

After months of looking you’ve finally found the job of your dreams. The new company loves you and wants you to start work as soon as po

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

ssible. The only problem is how to quit the job you have? Though you may have fantasized about telling your present boss to take this

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

Examples of combination products may in

job and, well, you know how the song goes, there is a right way and a wrong way to quit a job—and just up and quitting in a bout of ange

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

is definitely the wrong way.

The right method of quitting a job means formally resigning from your position. And even when you’re exc

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

ited about leaving and perhaps even desperately want to leave, it can still be hard to actually resign. But it must be done—and the soo

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

Combination pro

er the better. You should resign immediately when you’ve accepted a position with another company. This is particularly important if y

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

ou’re going to work for a competitor because some companies have policies where this could cause what they consider a conflict of intere

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

st and they will want you to leave immediately after you’ve given them your notice.

When resigning from a position, you will want to gi

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

e your employer a written letter of resignation. This letter does not have to be long or detailed, but should include the following:

•

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

Salutation to specific manager of the department you’re leaving or Human Resources manager

• Date of tendering your resignation

• Dat

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

you’ll be exiting your position

• Brief explanation (i.e., I’m leaving to take a position that will offer more opportunity for advance

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

Following aspects would a

ment, to be a full-time mother, etc.)

Again, when writing your letter of resignation, there’s no need for in-depth details or to give t

dd to the challenges in developing combination products:

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

he name of the company you’ll be going to work for. Also, don’t give into the temptation to use your resignation letter to vent your an

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

er and/or frustration. This could cause you career difficulties down the road. Make your resignation letter short and to the point, an

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

d keep it as positive as possible.

If you’ve had a good experience with your company and managers, don’t be surprised if you receive a

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

ounter-offer. But you’d be wise not to take one. Staying with an employer that you’ve already made plans to leave rarely works out wel

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

Professional from academic institutions, pharmaceutical industries, health care indust

l. In fact, in most cases people end up leaving within a year after taking a counter-offer.

Emotions run high when you quit a job, eve

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

n a job you dislike, and it’s always easier to stay with the devil you know rather than take a risk on the one you don’t know. Still, w

.

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

atever reasons you had for seeking employment elsewhere will not go away if you decide to stay, so make your decision to leave and don’t

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

Companies that provide selfless information through particip

give into pressure to stay, well-intentioned as it may be. The last thing you want to do is to have to endure resigning all over again

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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In the wake of globalization and increased business linkages, gift-giving has been moulded to suit the demands of a growth-oriented and competitive business atmosphere. MNCs, business houses with global links and export houses are the core contributors to the growth of this culture. Gifts can play a role in awarding of contracts, finalizing joint ventures and in wooing the right kind of VC. Goal-oriented gifting is a known phenomena in the Global Corporate World.

The aviation industry has suffered from some hard times recently. The September 11th attacks on the World Trade Center and the increased security delays at airports have put a strain on air travel. Despite these setbacks, the aviation industry is a growth industry and its place in an ever shrinking and global world is assured.

Have you ever asked your self why you work so hard and those around you just do not seem to take work seriously? It is almost as if they could careless if the company succeeds or fails, as all they want to do it get paid. As long as they get a paycheck for showing up and doing halfass work they just do not care one bit.

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Advice You - Proper Technique for Quitting a Job

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