Useful Advices - Business

The following eight tips will help make sure that recover from a layoff sooner than you think.

#1 - DON'T PANIC:
You may have lost your job but you have not lost everything. You are a skilled individual and will work again. Do not ever lose sight of the

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

se two simple sentences. Do not let yourself fall into a spiral of negative thinking. Think back to all the other people that you know of that have lost jobs in the past and are now successfully employed.

#2 - REFLECT AND RECOVER:
Step back and clear y

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

Examples of combination products may in

our head. Anger and fear are two of the most common emotions experienced after a job-loss. Neither is conducive to clear thinking or good decision-making. Take some time to talk through your feelings of loss with friends and family members. If this does not

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

help, consider the services of a professional counselor. Sort through your emotional baggage or else risk dragging it with you on your job-search.

#3 - ORGANIZE YOUR FINANCES:
Take a serious look at your spending habits. List out your monthly expenses i

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

to 2 groups- absolutely necessary and optional. If you have already been laid off you should limit your spending to the first category. If you are still employed but fearing what the future may hold, start cutting back in the second category. A general rule

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

Combination pro

of thumb is to keep the enough cash to cover at least two months worth of expenses in the bank for emergencies. If you have not had a chance to do so as of the time of termination, you still have options. Don’t forget that most companies offer a severance pac

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

kage to laid off employees. In addition you can also contact your local un-employment agency regarding unemployment benefits.

#4 - INSURANCE:
Just because you have lost your job does not mean that you and your family have immediately lost all insurance

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

overage that you had while you were employed. It just means that now you are responsible for paying for it all by yourself. Under COBRA (Consolidated Omnibus Budget Reconciliation Act) generally you can remain on your former employer’s plan for up to 18 months

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

as long as you pay the premiums. Remember that there are time limits for signing up for COBRA. You can get more COBRA information from the human resources department of your former employer.

#5 - UPDATE YOUR RESUME:
Take account of all the skills and

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

responsibilities that you acquired on your last job. Make sure that you include these on your updated resume. And remember this is not the time to be modest; be proud of your accomplishments. If you are unsure on how to lay out or word your resume, then yo

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

can find many examples of successful resumes on the Internet or in your local bookstore. Definitely have a friend or family member review your resume. Remember that a good resume can often make the difference between being granted an interview or not. Take t

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

Following aspects would a

he time to make your resume shine.

#6 - ACTIVATE YOUR NETWORK:
Do not be ashamed that you have been laid off. Tell everyone that you think can help that you are looking for work. This does not mean that you should cry on the shoulder of anyone that will l

dd to the challenges in developing combination products:

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

isten. What this does mean is that you should be prepared to tell friends, family and even acquaintances that you are looking for work, what types of skills you have and the types of jobs that you would be interested in.

#7 - CONSIDER USING A RECRUITER:
C

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

onsider using a recruiter. Recruiters a.k.a. headhunters can help you to better manage and improve the results of your job search. Using a recruiter has many advantages. These advantages include their having already established relationships with many employers

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

and their having access to hidden job opportunities. In addition many recruiters will offer tips on how to improve your resume and interviewing skills. Best of all most recruiters are completely free to the job seeker. They collect their fees directly from t

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

he employer.

#8 - GO BACK TO SCHOOL:
Take advantage of the time provided by being laid off to better yourself both professionally and personally. Some people choose to go back to school and pursue an entirely different trade. Others will attend a few cl

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

Professional from academic institutions, pharmaceutical industries, health care indust

asses at the local community college to sharpen their skills in their chosen profession. Still others will pursue 6 or 12 month programs in a trade school. And don’t think that your study must be directly career related. This may be the perfect opportunity t

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

study a foreign language or learn to roller blade. Layoffs provide people who are used to being busy with a lot of free time. Make the most of this time by improving yourself.

In conclusion, remember that getting laid off is not the end of the world.

Whether

.

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

you are recently unemployed or are just feeling a bit uncertain about your job security in these tough economic times, the eight survival tips above can help you to get back on your feet quickly in the event of a layoff.

This article can be read online at:

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

Companies that provide selfless information through particip

target="_new" href="http://www.worktree.com/newsletter/surviving-a-layoff.html">http://www.worktree.com/newsletter/surviving-a-layoff.html

Sincerely,
Nathan Newberger
Managing Editor
http://www.WorkTree.com
Helping You Find More Jobs Faste

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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