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Are you an over-50, unemployed executive or manager? Been looking for a new job or career for a long time? Frustrated? Think it’s hopeless?

Finding a n

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

ew job or career, at any age, is NOT hopeless. But it does demand knowledge, exposure to employment possibilities, and a positive attitude, especially as we gro

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

Examples of combination products may in

older. It means that “Yes!,” not “No,” must be the operative word, the word that propels us toward what we really want to do (even when we’re not quite sure what

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

hat is).

The Challenge of Fear

Perhaps the greatest obstacle to all in the job market is fear. We fear that we will fail to find a new job or career

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

or that if we do, we will fail at it, not make enough money, get dead-ended, be unhappy, go backward in our career, etc.

The trouble is that such fears can hold

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

Combination pro

us back. In his wonderful best-seller Who Moved My Cheese?, Spencer Johnson, M.D., set forth a few simple rules that apply to most everything we do in life, inc

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

uding finding a job or career. It’s the allegorical tale of two mice (Sniff and Scurry) and two “littlepeople” (Hem and Haw) who are as small as mice, but think lik

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

e humans. All four happily inhabit a maze, living off their store of Cheese, which they found years and years ago. But one day things change: someone moves their C

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

eese.

The two mice react instinctively. They enter the maze and start looking for New Cheese. But Hem and Haw behave much as humans do when faced with change: the

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

procrastinate. Either hoping that their Cheese would somehow be restored or fearing that things might get worse if they leave the security of what they know to loo

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

for something better, they dither, hoping that somehow their Cheese will be restored. Eventually Haw realizes that he has to take action or die. Hem, however, ref

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

Following aspects would a

ses to budge, even as he wastes away.

So where Hem says, “No, it’s hopeless!”, Haw says “Yes!” and, driven by hunger and a vision of how much he will enjoy New Chee

dd to the challenges in developing combination products:

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

e when he finds it, controls his fears and moves out into the maze. Eventually (of course!), he finds a huge store of New Cheese, already being enjoyed by Sniff and

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

Scurry, who found it long ago. As importantly, Haw learns a few things during his quest; for example, that our “Cheese” [job, career, marriage, etc.] can disappear

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

at any time and we must be prepared to look for something to replace it as soon as possible. As Johnson says in his introduction, “… we all share something in commo

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

: a need to find our way in the maze [of life] and succeed in changing times.”

“Now what?”

In essence, Dr. Johnson is saying that doing something is better

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

Professional from academic institutions, pharmaceutical industries, health care indust

han doing nothing. But taking action is only the first step. Activity, after all, is not the same thing as productivity. To set out is good, yes, but to set out b

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

indly is not. So the articles that follow this one set forth ways that job hunters, especially those who are older, can find their way through the “maze” more quick

.

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 and with better results.

The first in the series—“The Bridge Job: A Means to an End”—studies alternatives such as Consulting, Contract Employment, and Part-time P

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

Companies that provide selfless information through particip

sitions. Other articles coming soon include “Navigating Recruiter Alley,” “The Research Highway: Road to Success,” and “Networking Nexus: More Exposure, More Leads.

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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For risk management analysts or associates, average total compensation in the U.S. grew from $111,000 in 2005 to $121,000 in 2006. For senior associates or managers, compensation rose $150,000 to $166,000. Do you have the aptitude to pursue a career in risk management?

Machiavelli emphasized on building a strong organization structure where responsibilities and accountabilities are clearly defined and offender should be dealt with no mercy. As per him an organization or kingdom can be built on the support of either the people or the nobles.

With decision makers being pressed for cost savings, a simple packaging product can help save your company a lot of money!

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