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Employing the right employees is essential to having a healthy business because you

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

r employees represent your business. If you hire employees who are inadequate at th

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

Examples of combination products may in

ir job, you will loose customers and a loss of customers translates to a loss of re

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

enue. In short, your employees can effect the quality of your business.

Unfortunat

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

ly, you may never know that one of your employees is the cause or the drop in custo

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

Combination pro

ers since 96% of businesses will not receive a complaint. As though being unaware i

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

sn’t frustrating enough, the customer angered by your employee, will then go and te

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 9 to 10 people about the terrible experience they had with your business. Thus co

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

ting you even more customers.

It may surprise you to learn that if your employee h

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

s angered 1 customer in a certain way it likely that 27 other customers have simila

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

concerns to that customers.

Though these figures are staggering, there is hope fo

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

Following aspects would a

r your business. Out of the customers who register a complaint, as many as 70% will

dd to the challenges in developing combination products:

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

do business with you again if the complaint is resolved effectively. This number sh

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

ots up 96% if the complaint is resolved quickly. After having a complaint dealt wit

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

accordingly a customer will then tell about 5 people of the treatment they receive

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

.

Though recovering customers and correcting a complaint is doable, you may still

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

Professional from academic institutions, pharmaceutical industries, health care indust

loose customers. Thus is it best to select a dedicated, skilled employee in the fir

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

t place. After all, if that employee costs you a customer it will cost you five tim

.

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

s more to attract a new customer than to have kept the previous one. Remember an em

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

Companies that provide selfless information through particip

loyee is meant to be an attribute to your company not a hindrance, so choose wisely

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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Here is a light hearted history and trivia on the ball valve. Read it and you will never take your natural gas or electricity for granted again, ok so maybe you will..

This article is about the benefits, pitfalls and thinking that were involved in a building a new brand. While it’s my story of involving my speaking business, you should think about your own story, your passion, and what fits into your life. CAUTION: Realize this, it’s taken a LONG time, it was hard work, and it was painful at times. If you’re not willing to experience those things then keep doing what you’re doing.

There are several ways to go about writing a small note of appreciation to an interviewer. Try getting a business card from your interviewer. (Nowadays, it seems like everyone has a business card - including my hairdresser!) If you cannot, be sure to remember to write down the name of your interviewer before you go to the interview. Alternatively, attempt to remember his or her name as you introduce yourself at the beginning of the interview. Also, get the address of the establishment you visited. (If it is a branch office of a larger company, strive to use the branch address, NOT the corporate headquarters!)

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