Main Subject - Business

All true winners in life have certain characteristics. If you want to be a winner, you have to develop the same characteristics. These characteristics are the keys to ul

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

timate happiness and success. Here are the two most important keys.

I've been writing about how important it is to have high, unconditional self regard. Every winner in

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

Examples of combination products may in

life has high self-esteem. High unconditional self regard creates high self-esteem.

In the 1950's unconditional self regard was all the rage in the mental health field.

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

Carl Rogers became famous for his form of therapy. The therapist treated a patient with unconditional high regard, hoping that the person would take on this attitude towards hi

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

self, and in most cases it worked.

You can give yourself unconditional high regard, accept yourself no matter what. Understand that you are doing the best that you can.

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

Combination pro

Be gracious; understand that others are doing the best that they can. This is a simple yet extremely effective formula for having successful relationships with people.

Now

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

ome of you might think, “This is the ticket, I just get to accept everything I do, good and bad, and I get a free ride. I can do anything and it is okay.”

Ah, but that i

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

s not the way it works. In order to have true happiness, you have to have true self-esteem; you have to have true unconditional high self regard, which means you must do onl

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

things that you are proud of. How can you regard yourself highly if you are ashamed of yourself? You cannot go around doing things that you are ashamed of. It does not work,

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

if you truly want to be a winner. This is the second secret - living with integrity.

The first secret, which I have discussed in earlier writings, is giving yourself unc

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

nditional high self regard, accepting and loving yourself. The second secret is do only things you are proud of. That maintains your integrity.

Maintaining your integrity:<

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

Following aspects would a

/b>

Integrity means doing things that are ethical, doing the right thing. First and foremost, keep your word. How much do you admire a person whose word you can trust?

dd to the challenges in developing combination products:

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

Live in such a manner that people can say of you, “Her word is her bond.”

You do not go around making promises to people just because you think that is what they want to

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

hear, and then not following through with it. If you are giving a party, you want a person to mean it if they say they are going to come, you do not want them saying that they a

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

e coming, expect them, and then be disappointed.

If you do this to people, they are going to catch on and start losing their faith and trust in you. They may say somethi

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

ng like, “He seems like a pleasant fellow, but you know you can't really count on him.” When it comes to doing business, they’ll find somebody else.

It's obvious, if you

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

Professional from academic institutions, pharmaceutical industries, health care indust

don't keep your word in business dealings, people won’t trust you and keep doing business with you. You may trick somebody into a one-time sale, but you will not get repeat busi

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

ness - and repeat business is the most lucrative business - and you can imagine what kind of word-of-mouth you get. Without integrity, your business and your life will be one lo

.

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

g struggle.

You will wind up not only feeling bad about having a poor business; what is worse, you will feel bad about yourself.

Do you want to be a winner?

T

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

Companies that provide selfless information through particip

hen remember the second secret of being a winner is to be a person of high integrity.

Only do things which you can be proud of.

Keep your word.

© 2004/2006 Stan Man

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

Tags

Links

Main Subject - Do You Want to Be a Winner?

Related Articles: