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Advice You - The Perils Of Employment: Are You About To Be Let Go?
From the moment you are born and you take your first breath, you begin to die.
It’s just a fact of life. And to illust
It’s just a fact of life. And to illust
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
rate another truth: From the day you are hired by a company, you move closer to the day you will move on. This is eith
; 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
r a natural occurrence or a purposeful severing of ties.
Statistics show that the average person will hold at least ten
Statistics show that the average person will hold at least ten
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
to twelve different jobs in what would nonetheless be seen as an illustrious career. Moving from one job to the other
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
s a natural progression, each job or situation representing a stepping stone to the next. The bottom line is that stayi
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
g in one job for your entire career is not to be expected.
Having said that, we can look at being let go as a positive
Having said that, we can look at being let go as a positive
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
experience. It is a way of moving along your career in a very decisive way. There are many reasons for moving on such
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
s being downsized or terminated. Regardless of the reason, being free to make a new career move is a positive condition
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
which leads you to your next step.
So what are the signs that you are about to be terminated? It can be any one or a
So what are the signs that you are about to be terminated? It can be any one or a
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
umber of the following:
• A subordinate is beginning to ask you questions about your responsibilities
• Your boss is d
• A subordinate is beginning to ask you questions about your responsibilities
• Your boss is d
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
splaying an increased micromanagement style toward you
• Some of your responsibilities are being taken away from you
•
• Some of your responsibilities are being taken away from you
•
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
Your next performance review is rescheduled to an earlier date
• In meetings with your boss, you realize he is taking
• In meetings with your boss, you realize he is taking
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
ore notes than usual
• You receive more written and less oral feedback about your performance
• You haven’t received a
• You receive more written and less oral feedback about your performance
• You haven’t received a
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
raise in a longer amount of time than usual
• You realize your boss is observing you more than usual
• Your company i
• You realize your boss is observing you more than usual
• Your company i
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
going through a downsizing
When you begin to see signs that you are on the cutting block, rather than begin an emotion
When you begin to see signs that you are on the cutting block, rather than begin an emotion
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 reaction that doesn’t serve you, see it for what it is. It is time to move on. Your next step awaits you. Begin to
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
explore your career options. Don’t wait until the axe comes down. Be proactive and determine your best next steps. Th
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
n, when you are let go, it can be cause for celebration. You have successfully completed this phase of your career, 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
now it’s on to the next. It is a natural progression. It is purposeful. You are exactly where you need to be. You a
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
e on your way to the next successful phase of your career, and life.
Copyright © 2005 TopDog Group All rights reserved
Copyright © 2005 TopDog Group All rights reserved
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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