Main Subject - Business

Every potential employee at one point or another has stressed over just what to ask in their job interview, right? Well, they’re right to feel that way.

You see, according to em

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

ployers surveyed, they absolutely do judge candidates by the specific questions they ask in an interview. They want to know that the individual is focused on succeeding in the job, a

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

Examples of combination products may in

d not just worried about how much money they’ll get paid.

Whatever you do, you never want to seem uninterested or unprepared in the eyes of a potential employer, therefore you mu

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

st take the time to do your homework, which means:

Research, research, research!

Always know any information you can get your hands on about the potential company - the best

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

place for this would be to read everything on their website (providing they have one). If that’s not an option, you can always take a quick trip to the local library.

Now, I will

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

Combination pro

tell you exactly how to get prepared and give yourself a fighting chance for that job you dream about.

So let’s get started shall we?

First, I should get this out of the way

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

–Never ever ask about benefits or salary. Save these inquiries until after you’ve actually been offered the job.

Here are the top 10 questions to ask in an interview.

1.

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

What are you looking for most in the individual you hire? 2. How will my responsibilities and performance be measured? And who will I be reporting to?

3. What are some

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

of the abilities and skills required for someone to succeed in this job? And Can you describe an ideal employee? (This is a chance to really sell yourself, and explain just how perfe

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

t you are for the job.)

4. Is there a company policy in effect that offers employees training to keep up with skills and obtaining new ones?

5. Can you tell me the

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

way this job has been performed in the past? What improvements would you like to see happen? (this is your golden opportunity to convince your potential employer that you are exactly

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

Following aspects would a

what they’re looking for , by providing a past experience or story.)

6. Is this a new position? If not, how long has this position existed? (this is an opportunity to find

dd to the challenges in developing combination products:

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

ut if the last person in this position was promoted or demoted and why. )

7. Can you describe the work environment here please? (This is very important, you need to know wh

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

ether it’s fast paced or stressful, and if you can keep up.)

8. What are this company’s short and long term goals? ( You have to know if there is a long future with this com

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

any, or if they’ll make any cutbacks.)

9. Are there any opportunities for advancement within this organization? (VERY Important! Again, You want to know if there is a futur

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

here.)

10. I am extremely interested in pursuing this job further. Can you please tell me what the next step in the hiring process is? (this should be your last question, so

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

Professional from academic institutions, pharmaceutical industries, health care indust

the interviewer can inform you of how quickly they need to hire.)

One point to remember is to always send a follow-up letter or email to the company immediately after the intervi

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

w so you stay fresh in their mind, and further convince the interviewer just how interested in the position you are.

Therefore, providing you ask these important questions in tha

.

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 next big interview you get, I am fully confident that you will not be stressed!

Remember, as long as you’re prepared, instead of counting the minutes until the interview is ove

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

Companies that provide selfless information through particip

, you will wonder where the time went AND you would have made yourself STAND OUT from other candidates due to the intelligent and probing questions you asked!

Good Luck!

Dan

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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When going into business and taking on a partner, it is a good idea to have a contract/agreement to determine the share of the company you each own. It also allows you to show and agree on what each of you will contribute, as well as protecting both of your interests when working together.

In a saturated and highly competitive market place, the importance of brands and branding to market share growth and product success cannot be over emphasized. Companies, countries, regions, towns and organizations who are able to grasp the principles of brand DNA are more likely to eclipse those who do not, in terms of delivering value to shareholder investments, or in the ability to attract inwards and foreign direct investments (IDIs and FDIs).

You may consider going down to or calling your local courthouse to find out about how, or if you need to registering your idea of an import business. It is also suggested that you start and list your business as a Sole Proprietor. Consult with your tax or legal person for advice. But this method of setting up your business usually, in my opinion, has the best tax advantages.

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