Main Subject - Business

When you decide if your employer is a good fit, you may want to look deeper than the company name, you may want to "investigate the boss!"

The importance of a good fit in your career is an understatement. As you put yo

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

ur career in the hands of your employer, you must know what you are stepping into before you begin. In this series of articles we will explore some of these issues:

1. Should you put your career in anyone's hands but 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

ur own?
2. Is it better to be a big fish in a little pond or a little fish in a big pond?
3. Private company or public company?
4. Corporate Executive or Entrepreneur?

The culture of an organization is

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

many times created from the top down. For you to decide if a position is a good fit, it's important to understand the culture within an organization prior to accepting a position. The culture in many ways is influenced

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

by the history of its leadership. An entrepreneur creates a completely different culture than his or her corporate executive counterpart. Let's see if we can understand these two personalities.

What is an entrepreneur?

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

Combination pro

You know, you see them all the time, the guy with the great idea who is quick on his feet. Next thing you know, he has turned that idea into a fast moving product you notice on the shelf at your local store. This per

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

on is great to work for. The entrepreneur is so energetic and full of enthusiasm, full of quick answers to get the business ball rolling. The entrepreneur is filled with a passion and drive for his company.

What happen

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 to so many of these exciting entrepreneurs as their ideas take shape, take off - their business grows faster than they can handle. They find themselves short of a very important resource - qualified management assista

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

ce. This happens for several reasons:
1. "I'll hire competent (expensive) help once I get some return on my investment" or
2. "I'll train those young, enthusiastic people who were here in the beginning - ma

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

ybe they can handle managing the business" or
3. " I'm not sure what all the fuss is about, I only need someone to count the money and pay the bills - I can do everything else myself!"

Whichever the case, or maybe

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

its all of the above, the entrepreneur will sell the business short as they avoid the hiring of competent managers in many facets of the business.

In all cases that entrepreneur is the boss; he is the one with the ideas

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

Following aspects would a

and the money. If you don't want to work for one, you can put the money up and become one yourself. Why do I say this? I say this because you have to respect the person who is willing to put up their own funds to bri

dd to the challenges in developing combination products:

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

g their idea to fruition. That level of respect is necessary for you to begin to do the right job for this type of employer.

Now, you could be working for a corporation that is managed by a Board of Directors, Chief Ex

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

ecutive Officer, President, as well as a long list of upper management staff with titles such as Vice President of Operations, Chief Operating Officer, Director of Administration and on and on and on. Sometimes these or

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

anizations seem very top heavy, but if you belong to one, everyone seems so busy attending meetings, creating reports and directing projects.

Does this mean all these positions are necessary? Maybe yes and maybe no. Ho

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

w can you tell? How can you impact this organization in such a way as to eliminate waste while not upsetting the delicate balance that is that Company's culture? In this case the corporate culture can be buried in bure

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

Professional from academic institutions, pharmaceutical industries, health care indust

ucracy, paperwork, meetings to discuss the structure of meetings, documentation to support the documentation and if you are lucky, a product line that somehow sells itself in spite of the corporate overhead and overwhelm

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

ingly slow moving progress.

Passion for the "mission" is hard to find in many large corporate environments. If you are looking for a challenge or to make a difference, the corporate executive who sets the culture may n

.

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

t be ready for all that upheaval. Be ready for change to occur slowly and your dedication can and will be tested.

So, keep your focus no matter what personality you work for, the structured CEO or the wildcat entrepren

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

Companies that provide selfless information through particip

eur. The focus is on quality, knowledge, a high level of interpersonal skills and the most important; the highest level of integrity.

Once you understand the environment, you can and will be ready to face the challenge

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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Why start a car rental business? Well a rental car company makes a lot of sense for many reasons, not the least of which is because rental cars are utilized by many companies for their employees, and for pick-up and drop-off services.

The most important question you must ask yourself before you start a marketing strategy or promotion.

MLMer's are constantly being disappointed when they offer to show their opportunity to somebody who does not care. They carry their disappointment with them all day and rationalizes that the person that rejected them is stupid for not wanting more money. Here is a way to get more qualified prospects who want to look at your opportunity.

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Main Subject - The Boss is the Boss, No Matter Where They Came From

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