Digg It - Business

Your career can affect every area of happiness in your life, from your recreational options to your family-life, from your financial stability to your personal fulfillment. Yet so many of us fall into comm

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

on traps that sabotage our careers and endanger our futures. Don’t let yourself fall prey to any of the self-destructive choices below:

1. Ignoring your talents
2. Living beyond your means
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

/>3. Torching the trellises
4. Not planning ahead
5a. Choosing a profession you don't believe in
5b. Choosing a profession you hate

1. Ignoring your tal

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

ents. So what if everyone told you being an engineer would make you more money than drawing comic books? We get one life – do you want to spend it miserable and wealthy, or fulfilled and, well, ma

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

be still wealthy? Last I checked, Todd McFarlane, the artist who rejuvenated Spider-Man and created Spawn, is worth several million dollars. Your talents exist for a reason – discover where they can take y

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

Combination pro

u.

2. Living beyond your means. No matter what you do, if you aren’t making enough money to cover your lifestyle, you will be unhappy, and ultimately unproductive and hazardous to your ca

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

reer. Either find a job that makes more money, or learn to live on what you currently make. When we learn to live a lifestyle that is in line with what we earn, we understand the true value of our efforts.

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

3. Torching the trellises. More commonly known as burning bridges, leaving a past employer or co-workers with a bad taste in their mouths will haunt you. If your career path doesn’t chang

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

e, you’ll probably work with or for some of these people again. Even if you make a career shift or move out of state, anyone of them can turn into future clients, members of your church, or even next-door

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

eighbors. Stay professional through every job transition, and you can preserve a wide base of support for the future.

4. Not planning ahead. Technology advancements, market conditions, la

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

offs – the workplace is more unstable today than at any time in the last 75 years. Stay abreast of changes in your industry. Educate yourself by keeping up with trade magazines, software updates, and compa

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

Following aspects would a

ny business. Be ready to land on your feet if the firmament under you falls away without warning.

5a. Choosing a cause or employer you don’t believe in. If you do not value the work you d

dd to the challenges in developing combination products:

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

, or the company for which you work, get out! You may be doing what you love, but if you are doing it without a strong belief behind it, it will ultimately undermine any short-term success you experience.

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

Great newspaper salespeople may switch to billboards to make a higher income, but not be able to sell it as well if their belief in the product is too low. Take inventory of your values. Great defense atto

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

neys don’t always make great prosecutors.

5b. Choosing a profession you hate. Sounds rather self-evident, but it happens continually. How many times a day do we deal with someone at a sto

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

e, over the phone, or in our own offices who clearly hates their job? Don’t let yourself be swayed by prestige, promotion, or money if the job you will take is one you’ve sworn you’d never do, or spent muc

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

Professional from academic institutions, pharmaceutical industries, health care indust

h of your life de-valuing. The day will come when you look in the mirror and wonder who you’ve become.

Career failures lead to financial hardship, family strife, and depression, yet we often make knee-jer

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

decisions when exiting and entering the workforce. Keep these guidelines in mind next time you shift career paths: Examine your career decisions for at least 24 hours before accepting a position – if it’s

.

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

the right job, it’ll still be there tomorrow. Stay true to yourself by finding an accountability partner who can objectively discuss your career path, as opposed to a close friend or family member who may

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

Companies that provide selfless information through particip

have too large a stake in your affairs. Finally, remember that you are in charge of your career, not the other way around – it exists to enable you to live the rest of your life, not to destroy it.

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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Digg It - Career Suicide: 5 Steps to Failure

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