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  • Digg It - Recently Laid Off? How to Quickly Rebound

    I’ve been laid off so if it has happened to you, I know the feeling.

    Actually I've been laid off twice.

    The first time, I was walking into the office first thing in the morning and found my manager putting a note on the door stating that all our training classes h
    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
    ad been cancelled for the day. I worked for a training company at the time.

    Given the sad look on her face and our recent low sales results, I knew this was pretty bad so I asked her if I needed to bother unpacking my lunch for that day.

    She said I didn’t.

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

    Examples of combination products may in
    nt out of business that day I found myself out of a job for the first time since I was 16.

    The second time I was laid off was a case of a company restructuring.

    Up until this time, I had experienced several other corporate restructurings and had managed to survive each o
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    them.

    The first company I worked for after leaving university regularly restructured and I survived four major ones. The last restructuring that occurred, the seven other people in my group were laid off. I was the only one who survived.

    Getting laid off can be a very d
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    vastating experience especially if you really relied on the position for income (who doesn’t?) or if you have been employed with the company for a significant period of time and haven’t had to look for a job recently.

    The job search market has certainly changed over the p
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    st ten years even if you just consider the effect that the Internet has had on it.

    If you have found yourself the victim of a layoff or downsizing, here are some tips to keep in mind when you are looking to get your career back on track:

    1. Don’t take it personally.
    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
    >

    Corporate downsizings are a way of life especially if you’ve worked in the Internet business or auto industry!

    Don’t disparage your former employer during interviews and don’t hold a grudge. This will appear noticeable when you are speaking with people who can influenc
    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
    your ability to find a new job and might hurt your level of motivation and attitude.

    The last thing you want after being laid off is to become despondent or depressed. Thinking negatively about your former employer will certainly negatively affect the success of your job
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    search.

    Also, don't take it personally if on the day of the layoff, you are escorted out of the building or given 30 minutes to pack up your stuff and leave. This is fairly standard and although it can feel pretty brutal, it's generally how things occur. The first time I
    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
    as laid off, our computer access had already been taken away and we were given 30 minutes after being notified to pack up our belongings and leave.

    2. Figure out how you will handle the layoff in your resume and during interviews.

    If you were laid off as part of a
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    larger corporate restructuring or simply had your job eliminated, this is what you should be telling people during interviews if you are asked why you are no longer with the company.

    In other words, you tell the truth.

    Some people want to try to sugarcoat the situation o
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    r invent an elaborate story especially if they are embarrassed about being unemployed or if they think being unemployed will hurt their chances when compared to other job candidates who are currently working.

    This is a natural feeling but the best thing to do is simply te
    dd to the challenges in developing combination products:

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

    Plus, you might actually luck out: Sometimes a company needs to hire someone as soon as possible and if you are the only candidate who can start right away since you don’t need to give several weeks notice to your current employer, all things being equal, you
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    might get the job over other suitable candidates.

    I’ve seen this happen.

    3. Figure out a plan to get your job search in gear as soon as possible.

    This doesn’t mean you actually have to start looking for a new job right away. You might decide this is a perfect tim
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    to take a vacation or to take some time off to figure out what you’d actually like to do next in your career.

    The best thing to do is to immediately start thinking of the methods you will utilize to get your career back on track. Among other things, you might:
      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
      Let family, friends and former colleagues know that you are looking for a new job. They might know someone who knows someone…Often this is the best way to get your name out there. Knowing someone and being in the right place at the right time is a legitimate and popular wa
      ping new procedures for reviewing their safety, efficacy and quality.

      Professional from academic institutions, pharmaceutical industries, health care indust
      of finding a new job.

    • Find several recruiters that can help you with your job search.
    • Recruiters are paid when they help companies find people to hire and they are experts in the job search field. Good recruiters can help supplement your job search and make
      y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
      you aware of positions you might not have otherwise known about.

    • Find several relevant and possibly industry or job-related Internet job boards that at a minimum will help you see jobs in your industry that are currently available. Even if you choose not to post your
    • .

      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
      esume, you might get a better sense as to what the market is like for people with your skills and experience.
    At the end of the day, getting laid off is a fact of life for many people during their careers. Until you’ve experienced it, you might not actually r
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    alize how to deal with it.

    If you are laid off, move as quickly as possible to close one door and figure out what you need to do to open the new doors that are about to appear in front of you. Remaining motivated and keeping a positive attitude will be key to your success


    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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