Digg It - Business

When you think about your competitors, what goes on in your mind? Do you think about besting their adve

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

rtising or prices? Do you think about that competitive analysis you did when trying to determine whethe

; 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 your business would be viable? Or do you think about your employees?

But your employees aren't your

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

competition, you say? True. But the companies that used to employ them are … they are your competition

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 skilled employees. Just because another company is not in your industry or niche doesn't mean they a

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

Combination pro

ren't your competitor for whatever talent is in your local job market.

As an employer and supervisor,

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

you need to keep your mind open to the possibilities of cross-industry job skills. There is a lack of t

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

is type of thinking in most companies and it lessens your ability to recruit a well-rounded team. The b

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

est way to broaden your recruiting options is to give serious thought as to exactly which skills are ne

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

eded for the job. Then ask yourself if those skills are only used in your particular industry or niche.

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

The answer, if you're honest, is usually no.

If you're hiring a brain surgeon, then the market will be

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

Following aspects would a

limited to a specific niche. However, if you're recruiting accounting, HR, clerical, or marketing posi

dd to the challenges in developing combination products:

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

tions, it's easier to see that the basic job skills can easily adapt to any industry. Electrical engine

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

ers, software engineers, and other technical positions can also adapt with a learning curve.

Learning

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

bout a new industry can make the initial few months of a new job a little harder but, if you've hired a

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

good worker with strong skills, it's certainly an easy way to widen the circle of candidates for your

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

Professional from academic institutions, pharmaceutical industries, health care indust

open positions. Keep in mind that even you started out without knowing much about your industry and had

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

to learn what you now know.

I'm not advising that you hire everyone from other industries. There is a

.

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

lot to be said for having strong industry knowledge within your company. However, as long as that knowl

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

Companies that provide selfless information through particip

edge is available and shared, don't restrict yourself from hiring skilled employees in other industries

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

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.diggit.org.ua/article/20634/diggit-Whos-Got-Your-Employees.html">Who's Got Your Employees?</a>

BB link (for phorums):
[url=http://www.diggit.org.ua/article/20634/diggit-Whos-Got-Your-Employees.html]Who's Got Your Employees?[/url]

Wood machining refers to the process of converting wooden logs into planks, fabricating them into desired shapes and sizes, and polishing them for use in the final product. Wood machining has acquired great importance in recent years due to the short supply of wood and increasing environmental awareness among users and manufacturers. Wood machining techniques that are in use, stress on the maximum utilization of wooden logs and help in reducing wastage.

What is the best way to advertise a mobile oil change business if you want to get 80 percent of your customers to come from corporate parking lots and fleets of vehicles and only 20 percent of your customers to come from residential services.

To be successful in your job search campaign you must think like an employer or a recruiter.

Tags

Links

Digg It - Who's Got Your Employees?

Related Articles: