Main Subject - Business

One of the perks of graduating from college is that you become one of thousands of alumnus that have attended the same school. Networking with your fellow university alumni is a great way to build your network.

Take advantage of t

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

his major accomplishment when you need to connect with people in the business world. After all, having something in common with another person is a great way to begin building a relationship.

Leverage Your Alumni Database

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

Examples of combination products may in

r> Immediately after you graduate from a university, you instantly become an alumnus. More important, you can start tapping into your alumni database, which is probably the largest network that you will ever get to access.

After

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

ou graduate, make sure to get your alumni login and password for any online databases, your alumni ID card and anything else you may need to leverage your alma mater.

Before you access your alumni database, find out the school

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

’s process and how often you can request contact information. Some schools may allow you to access the database at any time while others may have some restrictions.

Definitely abide by these restrictions and don’t abuse the system

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

Combination pro

The last thing you want to do is get yourself banned from this database.

If you’re looking for a job, you can search the database for an alumnus who works at a firm that interests you. You may also be able to search the database

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

to find a mentor in your field.

Whatever your reason, be professional and have a purpose for contacting an alumnus. You want to make a good impression and hope to develop a new relationship.

Attend Alumni Events

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

hile it may be obvious, a great way to meet other alumni is to attend alumni networking events. It’s important to attend these events so you stay connected with your school.

Make sure you’re on your school’s distribution list so y

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

ou are notified of all alumni events. You don’t want to miss out on an opportunity to meet fellow alumni.

Your university may offer a variety of events that are social, cultural and business in nature (such as basketball games, th

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

ater events or professional development seminars). Whatever the event, it may be worthwhile for you to attend several of these because you never know who you’ll meet.

Because of your alumni connection with other people, it may be

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

easier for you to talk with individuals at events. As previously mentioned, having something in common with someone is a great way to build a relationship.

Depending on the event, alumni functions can be good events to bring your

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

Following aspects would a

significant other, family or friends. Networking events are typically more professional in nature and you may not get a chance to include your family.

Volunteer With Your Alumni Association
While attending events is a

dd to the challenges in developing combination products:

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

reat way to meet other alumni, so is volunteering with your alumni association. You will be able to build some great relationships while you’re a part of that group.

It doesn’t matter how much time you donate so long as you he

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

lp out in a positive and productive way. You may decide that you want to get involved on the board or a committee. You may just want to help out at events.

Whatever you decide to focus on, make sure you put yourself in a position

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

o get to know others who are helping the association. The other volunteers are like-minded individuals and you will have a connection with them.

Take these relationships seriously because they could help you find a new job, act as

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

a good reference or provide you with business advice. You will be able add them to your network so long as you build a mutually beneficial relationship with some of these people.

A great way to quickly build credibility with the

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

Professional from academic institutions, pharmaceutical industries, health care indust

lumni association is to take a leadership role on the board. With this role, you will be visible to the alumni and you will put yourself in the position to build some long-lasting relationships.

For example, I received my M.B.A. f

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

rom DePaul University and I sit on the board of the Business and Technology Alumni Network. As an active board member, I have helped plan events and I have discussed the direction of the group.

Because of my involvement, I have ex

.

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

anded my network and have enjoyed giving back to the school. I feel good that I have been working with others who all have a similar desire to be a part of a special group of people to serve the alumni community.

Final Thought<

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

Companies that provide selfless information through particip

/b>
Many ways exist for you connect with others through attending networking events, volunteering with an association and asking for referrals. Remember that networking with your alma mater is also a great way to build your Rolodex

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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Main Subject - Networking With Your Alma Mater Great For Building Your Rolodex

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