Digg It - Business

Have you made the right choice? Before deciding to resign from your current position and move to a new employer, you should weigh up as objectively as possible all the rel

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

evant factors: remuneration, working environment, location, travel demands, training and development opportunities, promotional prospects, and your future bosses.

Conside

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

Examples of combination products may in

r also what impact a job with the new company would have on your resume. Once you have received and accepted a formal written commitment from your new employer, you should

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

serve notice immediately.

It is important to behave in a professional manner throughout the resignation process. Your character and your personal integrity should never b

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

e in question. Be positive; be co-operative; and avoid recriminations.

State that you are leaving the company and hand in your letter of resignation at the same time.

Be

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

Combination pro

prepared for a reaction. If your employer presses you for reasons, give brief and positive answers. Don’t argue or complain. Don’t allow yourself to be deflected from your

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

purpose or drawn into a protracted discussion.

Do everything possible to establish a friendly tone and leave a good impression. State that you are leaving because your n

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

ew employment offers you opportunities for advancement. Your decision is the result of careful consideration.

Your written resignation should be concise and definite. Do

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

ot go into details or give your reasons for leaving. If you have any grievances, don’t express them in the letter. Give no cause for animosity. Ask if there is anything yo

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

u can do to ensure a smooth transition.

In the letter, state that you are leaving and when. Give as much notice as possible. Two weeks is generally acceptable, but check

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

our contract or the company handbook.

Sample letter:

Dear ( )

I have decided to resign my position as (……..) at (company) effective (date) to take a position with (new

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

Following aspects would a

employer). I greatly appreciate the opportunity that you and (the company) have given me to develop my skills and further my career.

I shall make every effort to ensure t

dd to the challenges in developing combination products:

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

hat the transition period goes smoothly for all concerned.

Yours sincerely

( )

Counter offer. Your decision was carefully thought out, so stick to it. Changing your min

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

makes you appear indecisive and creates a negative impression. It calls into question your long-term commitment and loyalty to your current employer.

During the period o

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

f notice, carry out your duties in a diligent and professional manner. Assure your boss that you will complete any outstanding task. If this is not possible, leave detaile

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

instructions for your replacement. Check that all your records are in order. Inform your colleagues that you are leaving. When discussing things with them, resist the tem

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

Professional from academic institutions, pharmaceutical industries, health care indust

ptation to make disparaging comments about your present job or boast about your new one. Do your best to leave on good terms with everybody.

Exit Interview. Many companie

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

s expect their employees to attend an exit interview with the Human Resources Manager. If requested to do so, co-operate fully. Conduct yourself in a professional manner.

.

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

ay only positive things about your employer and the company. Focus on accomplishments or learning experiences you had while employed there. Remember that anything you say

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

Companies that provide selfless information through particip

is likely to be recorded in the personnel profile.

Visit the author's website at: http://www.assignmentsplus.com

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

IPOs are getting tougher. So what are the options for alternative exit strategies?

There are three key steps to building a successful career as a lawyer or other professional. A veteran law firm partner shares the secrets.

To impress your boss, be yourself, share a little about who you are as a person. When you are willing to be yourself, it shows you are confident. Honesty also shows you have a little wisdom and perspective on life. There is also third, secret, reason to be yourself. Read more to put this secret to work in your life.

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Digg It - Handing in Your Resignation and Serving Notice

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