Useful Advices - Business

Every time you open your mouth, you define reality. Your reality attracts people or pushes them away. When you business network, you want to p

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

ull people to you. The way to do that is to help others define reality, too. By asking them questions.

Unfortunately, we are so spring-loaded

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

Examples of combination products may in

when we network, Boom – as soon as someone asks us a question, we start telling them everything we possibly can about our product - why it’s th

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

best or why everyone wants it or why everyone should. That kind of reality must be overcome if you want to wake up and see the effect you have

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

on people. You and only you can control if you attract or push people away.

You’ll have no shortage of questions to ask people if you know you

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

Combination pro

are looking for a friend, not a customer. The friend you want to find is someone who defines a great reality. Someone who is up to something.

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

Someone who knows what they want. You can’t attract someone like that without being someone like that. Then, when you find each other, you can

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

teach each other how to be successful. You can encourage each other, too.

The other night my partner and I went out with our friend, Maurice.

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

He said Albert Einstein defined genius as the way we handle the here and now. Wow. Double bonus. Not only do I like the way Maurice defines r

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

ality but I got corroboration and encouragement from dear old Uncle Albert, assuming he said that.

I am in love with loving the here and now.

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

love to think this is all an illusion, some quantum, mysterious, holographic dream. Remember that the next time someone defines reality in a n

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

Following aspects would a

gative way, and run. You’re looking for the unstoppably optimistic, the causelessly happy, the self-generated silly, the undeniably young at he

dd to the challenges in developing combination products:

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

rt who never stop playing and having fun because they love to think and define reality for themselves.

If we were together networking, I’d ask

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

ou what you think about defining reality. I’d listen so I could see if I like the way you define reality, so I could choose whether or not to k

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

ep talking to you. Let’s face it, talking about our products is a waste of time if someone hasn’t asked us about them. We’re all connected. I

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

you want to know about my products or services, you’ll call or write.

And that, my dear friend, is the new way to network, the new way to mark

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

Professional from academic institutions, pharmaceutical industries, health care indust

t, the new way to sell. No one’s a customer. We’re all providers. We all have something to sell. We all have competition marketing similar s

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

uff. The only thing left to set us apart is how we, as individuals, define reality, how we converse and interact as friends, how we love our fr

.

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

ends and how our friends love us because they love the way we define reality. Define a great reality and you will attract plenty of people who

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

Companies that provide selfless information through particip

ant what you have – wonderful people who create wonderful realities for you. Now stop and picture business networking with some of this in mind

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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They say the closest a person ever get to perfection is on their resume. Unfortunately for some job applicants their quest for showing themselves the perfect candidate for the job can lead to temptation.

Workplace integrity and workplace joy are essentially synamous. Truly standing by what is right- even when no one is looking- is the greatest challenge in business ethics. The joy will follow the successful meeting of that challenge.

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