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Top Articles - A No-Brainer Way to Get Lower Worker Productivity and Not Even Know It
There is a lot of talk these days about the “shoot the moon” costs associated with college and university expenses. Average annual raises of 7 to 10 percent are common. In four years the fees will
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
be 1/3 more than they are right now. Big deal! What does that have to do with the workers, employees or associates of any company or corporation? Four years at a state institution will run from f
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
fty to sixty thousand. Private schools are in the hundred to hundred and fifty thousand bracket and more.
Most parents, those who will be paying the bills, will deplete their 401k’s, sell real pr
Most parents, those who will be paying the bills, will deplete their 401k’s, sell real pr
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
perty, cash in life insurance policies, empty savings accounts, borrow, borrow, borrow, and what may be worse than any of that…start moonlighting without telling anyone. When a person decides to w
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
rk somewhere else, for someone else, regardless of the circumstances, things start to happen. They may be late for their primary job. At first, not much, but then they’re late once or twice a week
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
A habit is setting in. Working the extra hours means that their decision making processes are not quite as sharp. Mistakes are made. Profits are lost. What started out as hundreds and thousands o
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
families are in the same boat, turns out to be one person’s job in jeopardy.
This scenario occurs year after year. Those directly affected say, “Yes, I know my work has slipped a little, but it
This scenario occurs year after year. Those directly affected say, “Yes, I know my work has slipped a little, but it
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
will get better.” Maybe it will, but more likely it won’t. The employee is given an ultimatum and eventually let go. Another person is hired and trained with a good chance of the process repeating
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
itself. And, few managers make the “college connection.”
But, for the sake of argument, let’s say the next person doesn’t do any of those things to finance a child through college. She just takes
But, for the sake of argument, let’s say the next person doesn’t do any of those things to finance a child through college. She just takes
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
out loans and gripes about how little she gets paid for doing a stellar job. This person becomes an attitude problem-again affecting productivity. Not only hers, but those around her.
Then, there
Then, there
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
is another person. He started early savings plans for each of his three children. He will be in great financial shape when his students are college bound. He feels “sorry” for his co-workers who w
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
ren’t as diligent as he was, and he lets everyone know it. Another attitude problem starts to manifest itself.
Every state has a 529 plan in effect. Universities have developed unique savings pl
Every state has a 529 plan in effect. Universities have developed unique savings pl
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
ns. But, the same force that kept people from developing early savings plans keeps people from participating in any savings plan. That force is procrastination. There is always tomorrow because to
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
orrow never comes… until the day of reckoning. What can be done?
A relentless program of educating employees must take place. Find out what government and private savings programs are available
A relentless program of educating employees must take place. Find out what government and private savings programs are available
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
in each state and then hammer home the results of failing to follow through with an adequate plan. What will be the ramifications of lost opportunities for them? Encourage heads of families to dis
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
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
uss college with their children. Explain the benefits of working closely with their children’s schools to achieve the desired ends of having well-rounded students with better than average GPA’s.
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
his message can be relayed on bulletin boards, lunch table settings, paycheck stubs, in email broad casts, with in-house newsletters, seminars, and workshops. Current listings of college scholars
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ips at all levels, local, state, regional and national will serve as motivators for parents, making them feel directly connected to the educational process. Most children cannot bee expected to ge
.
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
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
erate enough enthusiasm for the academic and college scholarship processes.
Parents must lead the way. And, companies, at very low cost, can be a driving force by providing materials and informat
Parents must lead the way. And, companies, at very low cost, can be a driving force by providing materials and informat
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
on for families. Businesses can keep families from disintegrating at the mere mention of “the college financial crunch.” Corporations can be the strength and energy that keeps its workforce intact
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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