Main Subject - Business

Being dissatisfied with your job is a cycle, a very long and undesirable cycle. Here’s how it goes:

-You start to lose interest in your job. Next thing you know you start to

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

dread Monday’s and long for Fridays. Your energy, confidence, creativity and excitement feel like they are being drained from you.

Then you start to think maybe there is a bet

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

Examples of combination products may in

er job out there for you. You begin to envision what that job might be, but then you get scared or feel like it will be too much work to move on from where you are.

Now you 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.

ink things could be worse and the money is good, so you’ll stay. You seem to have more energy and you start finding things you can be interested in. Your confidence, creativit

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

and excitement start to build again.

A couple of months later you wonder why your energy and interest have dropped, Monday’s are terrible, and your confidence, creativity and

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

Combination pro

xcitement are no more.

And so begins the cycle again. You remain in this cycle because as we reviewed in previous articles:

-You believe the myths
-You give away your po

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

wer
-You put your attention on what you don’t want

And the final reason…

-You try to go it alone

Why is it so important that you get help getting unslumped and moving to

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

ards work that will REALLY satisfy you? Because you have probably been in your slump cycle for years and haven’t been able to get out of it on your own!

I was in one for 15 ye

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

rs. My clients on average have been in theirs for at least 5 years. Being in a slump wears on your confidence and belief that there is work out there that will really satisfy

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

you and that you can find it.

The crucial time to get support is the point in the cycle where you start to envision a better job and before you get scared and talk yourself out

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

of it. Having the right support at this time can help to break your cycle!

Support comes in many different forms. Here we will look at three:

1. Friends and family – We all

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

Following aspects would a

ave them, the ones that say they are in our corner but seem to talk us out of what we say we want most. These folks must be avoided during this time because you are in a place

dd to the challenges in developing combination products:

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

where you can easily be talked out of going in the direction you want to go. You want to seek anyone who will just say, “That sounds great!” You also want to seek people who a

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

e ten steps closer to where you want to be and seek their support when you need it.

2. Mentors – Clients have said, “ I wish I just had a mentor that could guide me.” Mentors

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

re great and we can all use them, but not until we know what we need from them. It is not a mentor’s job to tell us what we want and how to get it. It is our job to know what c

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

areer we want so a mentor can lend us their expertise in getting it. So seek your mentor when you know what it is you want and match their skills and experience to your achievi

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

Professional from academic institutions, pharmaceutical industries, health care indust

g it.

3. A Career Coach – A good coach will help you get clear on the career you want and teach you the skills you will need to achieve it. They will help you to overcome your

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

negative beliefs, teach you how to make the most use of your power to get what you really want and how to put your attention only on what you want. A good coach will teach you

.

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

how to become a “Career Creator”, not a job seeker. They will guide you to find your right job, not just your next job.

We are all very capable of being our own worst support.

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

Companies that provide selfless information through particip

Seeking the right support when you have hope that you will find your right career is critical to your moving out of your slump and towards work you know will really satisfy you

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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In too many cases, investors dwell solely on outcomes without appropriate consideration of process. The focus on results is to some degree understandable. Results -- the bottom line -- are what ultimately matter. And results are typically easier to assess and more objective than evaluating processes.

Does anyone go into business thinking how fun it will be to file taxes or filtering through piles of payroll and employee benefits paperwork? Of course not! It is however a vital part of doing business and is increasingly more and more time consuming. That's where Payroll Services Companies come into play. Payroll Services can free up your valuable time to do what it is that earns you money!

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