Main Subject - Business

You probably know them too, those sites, people or opinions against the concept of a (monthly) salary. Some

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

argue that there are much better ways to earn a living and that people should get paid for their real cont

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

Examples of combination products may in

ibutions; either per brilliant idea, the amount of sales they bring in, or any other contribution to the or

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

anization. But besides the fact that most people are satisfied with this fixed monthly income (although per

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

aps not with the amount) the function of a salary is more important than you might imagine.

Without the fi

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

Combination pro

ed salary you would have to remunerate each team member according to its contribution. These contributions

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

ould fluctuate according to the preference of each member. Some would like to work all day, someone else wo

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

ld be satisfied with a sales per day and a third team member would work only on Fridays, just before the we

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

kend. As people get paid according to the results they deliver, they are also free to schedule their workin

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

week.

And that is where the organization comes in. An organization is a construction that is used to mana

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

e individuals. And the first requirement of a team is availability. Just being there for the sake of the or

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

Following aspects would a

anization. The logic behind a fixed salary is that people are forged into a grouped just by means of this s

dd to the challenges in developing combination products:

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

mple criteria.

Of course there are differences in contributions. And perhaps today’s flexibility requireme

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

ts exist to shape organizations that are open to serve employees with a variety of preferences.

But each i

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

dividual in the team should not forget that it all starts with availability. Just being available for whate

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

er challenge you might meet that day. In this, every member of the organization is equal to any other membe

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

Professional from academic institutions, pharmaceutical industries, health care indust

. Only then come the differences. The bonus, the sales commission and all the other exceptions. Exception

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

that only destabilize the group.

And there it is, the logic behind the fixed salary. If you are against it

.

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

you should wonder whether you should remain part of the organization. Perhaps the concept of salary doesn’t

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

Companies that provide selfless information through particip

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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