Advice You - Business

I am going to throw this out there right now, I do not have a college education and I graduat

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

ed from a small town high school. When I made a decision to take a corporate position, I rea

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

Examples of combination products may in

ly thought my options were limited to how high I could go on the corporate ladder. Never wou

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

d I have thought a small, green icon on my desktop could have proved me so wrong.

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

In order to improve my position, I taught myself programs other individuals in my field didn'

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

Combination pro

even want to look at and I increased my skill set in the programs that our upper management

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

eeded. Most importantly, Excel. I learned to create dynamic charts and discovered ways to t

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

ell the financial stories everyone needed to see. Not only were my graphs unique, I also add

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

d my own personal flair to them. Anyone looking at a chart would immediately know it was cre

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

te by Suzanne. Not only that, once they saw it they felt confident that the information was

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

orrect.

The graphs in question were wonderfully colored, simply told, and were com

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

Following aspects would a

pletely ME! In two months time, I doubled my salary, I was given a promotion, and my sole pu

dd to the challenges in developing combination products:

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

pose in life was to create metrics for our executive staff and to present them to our custome

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

s.

As simple as it sounds, becoming an expert in a specific program that is NEED

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

ED at your place of business can set you apart not only where you are right now, but it can 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

so increase your value to where you want to go. For me, it was Excel and its graphs. I didn

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

Professional from academic institutions, pharmaceutical industries, health care indust

t stay with the default charts and colors and I didn't settle for the status quo. What I did

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

was set myself visually apart from everyone else and kept a smile on my face and helped wher

.

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

I was needed!

Determine where your company is lacking, identify what is needed, a

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

Companies that provide selfless information through particip

d then make yourself indispensable!

Suzanne McLoone
Organizational Empowermen

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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Business management is a very important subject and with business management comes financial and fiscal responsibility. The most difficult places to manage are those places, which have the most unethical people and employees working within their organization.

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Advice You - Excel: Creating Dynamic Graphs and Charts

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