Digg It - Business

Over one-fourth of 2006 is history. What did you accomplished in this quarter of the year toward fulfilling your New Year's Resolution?

If y

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

ou are like most people you will have fallen behind in accomplishing your resolutions for 2006 or abandoned them entirely. That is a harsh re

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

Examples of combination products may in

ality, not easy to face. But it's not too late to make the effort to turn your good resolutions into accomplishments.

A New Year Begins To

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

ay

There are 10 actions you can take to help turn your resolutions into achievements by the end of the year.

1. Make certain the goals 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

have set for 2006 are in fact realistic and attainable. They should be a real stretch, but reachable with your best efforts. It’s fine, for

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

Combination pro

example, to resolve to win a big promotion, but it's not realistic to expect to make it all the way to the top in one leap.

If upon sober

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

reflection any one or all of your resolutions seem unrealistic or if your career goals have changed, do not hesitate to make a new set of res

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

olutions for the remainder of 2006. Begin a new year today.

2. Take a hard look of what happened to your resolutions in 2005. Learn from you

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

accomplishments and failures.

3. Make a plan and work it. Quantify each goal. Be sure to include actions to be taken with deadlines, as w

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

ell as practical ways to measure progress at least once each month.

4. Put unrelenting pressure on yourself to make progress toward your goa

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

s every day. Accept no excuses for failing to meet deadlines.

5. Treat your resolutions as a binding contract with yourself. Put the contrac

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

Following aspects would a

t in writing. Post the document in a prominent place so it will be seen every day. (The bathroom mirror is a good place.) Share your resolv

dd to the challenges in developing combination products:

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

es with other persons you respect.

6. Reward yourself for progress. Enjoy what you have accomplished.

7. Don't be discouraged by the sheer

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

ize of the challenges. Think of each resolution as a series of small, manageable tasks to be accomplished one by one.

8. Have a low toleran

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

ce for diversions. Permit them only if they are advancements toward achievements that are more important than the original goals.

9. Start n

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

w, this day. Don’t let the time slip by until it’s too late and another year has gone by – lost forever – without measurable progress toward

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

Professional from academic institutions, pharmaceutical industries, health care indust

our goals.

Take seriously this admonition from Marie Edgeworth: “There is no moment like the present. The man who will not execute his res

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

olutions when they are fresh upon him can have no hope from them afterwards; they will be dissipated, lost and perish in the hurry and scur

.

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

y of the world, or sunk in the sloth of indolence.”

10. Remember. Nothing provides greater rewards in terms of material benefits and peace o

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

Companies that provide selfless information through particip

f mind than having a set of goals and feeling at the end of each day that you have made your best efforts, according to a plan, to reach them

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.diggit.org.ua/article/11734/diggit-Career-Advice-Whats-Happened-To-Your-New-Years-Resolutions.html">Career Advice: What's Happened To Your New Year's Resolutions?</a>

BB link (for phorums):
[url=http://www.diggit.org.ua/article/11734/diggit-Career-Advice-Whats-Happened-To-Your-New-Years-Resolutions.html]Career Advice: What's Happened To Your New Year's Resolutions?[/url]

This article has been written for those of you who are planning, or getting ready to plan an offsite meeting or retreat. It doesn’t matter if you are going to be the primary planner or if you are considering having a professional site selection company take the lead – this article is for you...

The goods declared for personal, family-related, household and other needs which are not associated with entrepreneurial activities of natural persons (hereinafter, for personal use), shall be conveyed across the customs border by said persons pursuant to the provisions stipulated by Russian Customs Code

What do you think about a website that claims to serve 100% free classified ads worldwide? Incredible! Trickery! Insane! Well, no one can use such harsh words if he or she correctly identifies the motivation of a person who has started such a website.

Tags

Links

Digg It - Career Advice: What's Happened To Your New Year's Resolutions?

Related Articles: