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Digg It - Job Hunting: Networking With Others is the Key to Success
You can never underestimate the power of networking. Often success is directly proportional to the size of the social circle.
Whether you are looking for an entry level job or want 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 ing to climb the career ladder you will need some kind of networking savvy in order to survive in the business world. If you are looking for an entry level job your networking skill ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in might be more important than the quality of your CV. Research shows that most jobs are obtained through contacts before the jobs even become open to the general public. In the estab lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. ished business world strong networking skills are shown to be one of the most powerful predictors in success. If you struggle with people skills and need some help expanding your net here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe ork read on. You will need to collect up all the business cards and contact numbers of the people you already know. Make one central place where you keep all your contacts' informat d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro ion. The Internet opens up a myriad of opportunities for those nervous about networking and interpersonal skills. With email and web sites you can reach a wider network than you eve 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 could the 'old fashioned way'. Even building a simple website could open up many new (international) contacts and opportunities. If you are able to effectively network online can b 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 one of the most effective tools for those seeking jobs. Discussion forums, newsgroups, discussion groups and exchange ideas - and most importantly contact details. There is no subs nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically itute for good old fashioned networking. You cannot replace the value of a first impression or underestimate the importance of really meeting people vs meeting online (although onlin 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 e meetings can reduce the stress and pressure associated with the first meeting). If you are hesitant about networking because you lack confidence, then perhaps consider joining an ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi rganization such as Toastmasters. This is a public speaking organization which will help you build confidence and you can join from anywhere in the world. An added bonus - you will m ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a et many new contacts and expand your circles. Get creative with your networking. Look for opportunities to meet people and widen your social and business circles. If you are new to dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod he job market, here are some networking strategies for first time job seekers. If you are looking for a job you need to keep expanding your network continually. 1. Make sure you un cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin derstand how to use the internet to search effectively. Use all ways you can think of to come across new opportunities as they arrive 2. Create a spreadsheet or table, of all your c tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen ntacts. Add as much information as you can: things like company names, titles, names of key contacts, phone numbers, and emails - any information you can. Leave space for notes and k 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 ep your table as organized and up to date as possible. 3. Regular contact: this is vital to the success of your network. Use any opportunity to connect. Ask advice, offer informatio ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust you think will be useful to them - find reasons to communicate. When they respond make sure to thank them. It's important not to take your network for granted. 4. Initiate face to y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products face contact whenever possible. 5. Never pass up an opportunity to get out there and network. If you are in an industry that requires more networking and socializing then limit the . 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 mount of times you may say 'no'. For example for every 2 invitations you turn down you must attend one. 6. Collect your contacts and feel free to call on them should the need arise. elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip 7. Thank your contacts whenever they do something for you. Always be polite and courteous and do your best to respond to them timorously too. You want to come across as professional 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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