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Digg It - Get it Right First Time With Effective Headhunting
The selection and recruitment process of new staff can at the best of times be a lotte 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 ry. Business Managers are often expected to select staff for recruitment on the streng ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in h of one of two short interviews/meetings. Sometimes it works out and sometimes it doe lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. sn't. When it doesn't it can be disruptive, costly and detrimental to a business part here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe cularly when we are talking about a SME rather than a large multi-national company. It d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro is therefore hardly surprising that many companies are turning to the use of professio 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 nal headhunting companies to carry out most of the groundwork and pre-qualification ac 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 ivities that form part of the recruitment process. One such company which offers effe nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically tive headhunting services is a Milton Keynes based concern called Aster Interim Soluti 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 ons. Paul Wilson, Managing Director of Aster takes up the story. "A lot of business ma ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi agers have the impression that headhunting is always an expensive option. In truth it ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a an be if the client does not clearly specify their requirements. However, when the cli dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod ent does gives us a detailed person specification and job description we can not only cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin ave a lot of precious time in finding the right candidate but also tailor our costs to tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen reflect the complexity of the search. We also use psychometric analysis and job mappi 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 ng on each headhunting assignment as screening techniques to maximise the chance of th ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust interviewee being compatible with the clients' "ideal candidate profile". This ensure y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products we not only present a shortlist of candidates to the clients who are technically qual . 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 ified for the role but they are also more than likely to fit in with the clients’ corp elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip rate culture". The use of headhunting services can be an extremely effective strategy 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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