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Top Articles - How to Manage Your Career Like a Business
Look upon yourself as a company with a product or service to sell. Understand your market and devise
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
a dynamic marketing campaign, remembering that companies hire employees who offer them the best res
; 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
ults and the best value for money.
Begin by identifying your skills, qualifications, and accomplish
Begin by identifying your skills, qualifications, and accomplish
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
ments. Adopt a customer-focused approach. What benefits and results can you offer employers? Are you
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
r skills marketable and up-to-date?
Employers are in the market for team-players and problem-solver
Employers are in the market for team-players and problem-solver
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
s. They want to see evidence in your CV or resume of specific, quantifiable accomplishments.
Determ
Determ
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
ine what additional skills you need to develop to make yourself more marketable. Take advantage of a
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
l opportunities for continuous learning and
professional development.
Successful businesses win c
Successful businesses win c
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
ustomers by developing a unique
selling proposition. To give yourself a competitive advantage,
a
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
nalyse what other employees in your field are offering.
It is not enough to emulate them; you must
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
strive to differentiate yourself by offering something extra, something unique.
Try to assess your
Try to assess your
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
self as objectively as possible in order
to identify your marketable features. Analyse your perfor
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
mance appraisals and, if possible, enlist the help of a trusted friend or colleague to help you eval
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
uate yourself.
Define and prioritise your short-term and long-term career goals.
Study recruitment
Define and prioritise your short-term and long-term career goals.
Study recruitment
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
websites and the appointments pages of newspapers to familiarise yourself with the current requireme
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
nts of employers.
Your CV/resume should be fine-tuned regularly and kept up-to-date to enable you t
Your CV/resume should be fine-tuned regularly and kept up-to-date to enable you t
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
o make a swift and targeted response to any suitable job opportunity that arises.
Learn all you can
Learn all you can
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
about job search strategies, job-specific resumes, and professional interview techniques.
By adopt
By adopt
.
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
ing a planned and proactive approach, you will maximise your chances of landing the job that best fi
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
ts your skills and personality, and increase the likelihood of achieving your long-term career goals
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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