Advice You - Business

In 20+ years as a professional organizer, I’ve never met anyone who could successfully manage his or her personal and professi

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

onal lives without relying on a calendar system. Don’t fall into the trap of using the freebie given to you by a client or a

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

Examples of combination products may in

vendor (even if it was expensive!) -- choosing your calendar is a personal decision.

Here are some questions you can answer t

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

o help you decide:

1) Do you need to combine your business and personal life on one calendar? More people are finding that 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

heir business and personal lives are blended, so having a master calendar for life is essential. If you are not sure, try thi

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

Combination pro

s exercise. For one week, make a mark in your business calendar every time you wished you had your personal calendar. Add up

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

the marks at the end of the week, and it will be easy to decide.

2) Do you prefer “bytes or atoms?” Computer programs and ha

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

ndheld devices provide an amazing flexibility in calendar options. Nonetheless, some people still prefer the feel of the pape

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

r in their hand. One client I know selects her calendar based on the way it looks, knowing that she won't like to use it if it

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

's ugly! Another client was never successful managing a paper calendar, but thrives on his Palm Pilot.

3) How many calendars

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

do you need? Some companies require employees to use an electronic calendar to simplify meeting scheduling, but individuals

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

Following aspects would a

prefer not to share everything. Or, you could use a wall calendar at the office to communicate your travel schedule to your st

dd to the challenges in developing combination products:

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

aff – and another at home for your family. To avoid a crisis, identify what information goes on what calendar.

4) How much wr

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

iting space do you need? Keep in mind you can eliminate a surprising amount of clutter by extrapolating the information you n

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

eed from a piece of paper and entering it on your calendar on the date you need the information. Then throw out the piece of

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

paper!

5) What size calendar is best for you? Both electronic calendars and paper calendars come in a variety of sizes. Do

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

Professional from academic institutions, pharmaceutical industries, health care indust

you always carry a briefcase, or do you need a calendar to fit in your pocket? If you like a small calendar, but need extra w

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

riting space, create additional space with Post-it Notes? that you can toss when they are no longer relevant.

Choose your cal

.

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

endar carefully. If you’re not sure what calendar is best for you, ask your friends colleagues what they use and why. When y

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

Companies that provide selfless information through particip

ou do find one you love, treat it with care. In mine, you will see a note in the front, "If found, please return for reward."

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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Maybe you have relied on things like Customer Dinners or Customer Appreciation Days etc... These are events that bring groups to you...

When businesses think of team building, business owners usually associate it with building their company’s internal workforce into a lean-mean fighting machine. Team building, however, should be extended to include external relationships such as those with other businesses. Enter joint ventures or JVs for short.

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Advice You - Choosing Your Calendar

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