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Digg It - Managing: New Managers are Usually Too Hard on Themselves
Moving from staff into management for the first time is exciting—but it can also be scary. There’s so much 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 you don’t know. Somehow managing looked so easy from the
outside, but now that you actually have to do it, ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in you realize it’s more complicated than
you thought. Before, you had certain tasks to accomplish and you k lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. new you had the
skills to do them. You still have responsibility for those tasks, but now you have to
se 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 that the work is done effectively by other people. That’s a whole new task in
itself, and you’re not sur d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro e you’re up to the job. You also find that it’s hard to concentrate on the planning that is such an importa 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 nt
part of managing, because emergencies large and small seem to arise all the time
and people keep runn 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 ing to you to resolve them. The expression “When you’re up to
your neck in alligators, it’s hard to rememb nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically er you were trying to drain the swamp”
might have been written for new managers! In these early days, you 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 must learn not to be too hard on yourself. Management
skills are not built into our human DNA—we have to ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi learn them as we go. Promise
yourself you’ll learn at least one management lesson every day. Set aside a f ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a ew
moments at the end of each day to think about that day’s lesson and how you’ll use
it to improve your dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod management skills. Sometimes these lessons will be hard, but
each one will give you something to build on cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin if you are willing to learn. Each day will bring you new challenges, new experiences—and new successes. It tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen ’s
easy to forget the successes and focus on all the things that didn’t go so well, so I
recommend you k 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 eep a diary of all your new experiences. Then, on those days when
you think becoming a manager was all a h ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust orrible mistake, you can read over your
diary and remind yourself just how far you’ve come. Becoming a ma y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products nager is a journey. Like any journey, it offers both good and bad
experiences, enjoyable and not-so-enjoya . 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 ble aspects, positive and negative events.
Just take it one stage at a time, learn from each experience—go elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip od or bad—and
you’ll gradually find yourself becoming more and more comfortable in your
management role. 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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