Useful Advices - Business

Dealing with people can become irritating and stressful. Yet, it can have its positives as well. When I’m thinkin

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

g about “real life” scenarios at work, I sit and watch my dogs “play” with a 14 year old dog that I dog sit. What

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

Examples of combination products may in

s amazing is the interactions between the three remind me of dealing with work related items. I think back to scen

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

arios and laugh at how simple and natural reactions can be, and how it is linked with all of nature’s animals. Let

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

me tell you the story of these three dogs for you to understand what I am talking about.

One is a puppy at 6 month

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

Combination pro

s old (Maggie), one 2 ? years (Molly), and the other is 14 years old (Sheba). This is a “diverse” environment with

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 animals. Maggie loves to play, and it is natural behavior being that she is so young and full of energy. Moll

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

y is in the center, not too young and not too old. She likes to interact with the other dogs. Sheba on the other

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

and, is the oldest of the three and likes to be left alone. She gets along with the other two, but gets agitated 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

nd warns Maggie when she crosses the line. When the “argument” between Maggie and Sheba take place, Molly runs int

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

rference and separates the two. Molly then plays with Maggie until Maggie is submissive to her and follows her lea

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

Following aspects would a

d.

Now that you have read a brief story of these three dogs, doesn’t it take you back to situations at work? Ther

dd to the challenges in developing combination products:

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

are two employees that might get entangled with a disagreement, and the manager is trying to run interference to t

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

ake control of the situation. The manager is trying to get the two to compromise, shake hands, and move on. This

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

s an everyday work place scenario, and once thought about, it ties to everyday life with everyday creatures being h

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

uman or not.

Sometimes it does get to a point where a manager will need advice on different ways to address these

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

Professional from academic institutions, pharmaceutical industries, health care indust

ssues at work. It is always a great idea to seek best practices even beyond the “four walls”. Sometimes people ge

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

t in a rut and need to look into different outlets to find new ideas and think outside the box. These ideas could

.

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

e simple ones to improve morale, grow the business, or seek advice on to handle an employee issue. For more inform

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

Companies that provide selfless information through particip

ation, feel free to visit www.hr.yourinterviewing.com

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

Many street sweeping companies, which have big large contracts with retail outlets and shopping malls often cheat the company on their services. In fact, as I travel around the country I am appalled at this particular industry. It seems that so many of the contractors who have street sweeping businesses cheat the customer. I asked myself why this is?

Small business owners walk the tightrope between success and utter failure. One-step away from bankruptcy, but they never fear because they are the warriors that will never fail. Can they afford to make a mistake? Stop the bleeding by learning the 10 mistakes small business owners make.

The trade show floor is full of different types of people with different agendas. Some people have specific goals for attending the show; others do not. As an exhibitor your observation and questioning skills will be your key to determining who may be a viable sales prospect. Familiarize yourself with the various visitor types likely to frequent the tradeshow floor.

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Useful Advices - Are You Constantly Running Interference?

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