Digg It - Business

I could begin this article by providing a checklist of organizing techniques for you to incorporate into your daily

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

work routine. The goal would be to become and remain organized, improve your time management and reduce your stres

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

Examples of combination products may in

while increasing your productivity. This checklist could include items such as managing incoming information, keep

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

ng the desktop free of clutter, creating a user-friendly filing system, etc. And I suspect there are many other org

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

nizing and time management consultants out there who could provide something similar. But I want to share a differe

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

Combination pro

nt type of list with you.

It's a list with a bigger picture. It’s got more to do with preparing yourself to move f

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

rward than with taking immediate ‘action steps’. In fact, it’s about the groundwork you need to lay in order to hav

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

the action steps work.

Reality check

Are you organized? Are you an effective time manager? Ask yourself. Then a

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

k others. If you are a supervisor, you are a role model and your actions are studied by others. You might not have

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

asked for this particular role, but your staff or team is watching and wondering how they can be just like you… or

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

ot anything like you. Same is true of your peers. How often do I hear, ‘If you think my desk is bad, let’s go for a

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

Following aspects would a

walk and I’ll show you Ted’s.’ So take a reality check and be honest.

Skills check

Do you have the skills necessa

dd to the challenges in developing combination products:

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

y to become organized? Contrary to popular belief, an organized person is not genetically pre-disposed to this cond

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

ition. Getting organized is a learned skill. Some of us had great role models, some had poor role models and some h

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

d no role models. Some of us are organized in one area but not in another. Whatever your situation, there is plenty

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

of information out there on ideas of how to improve your skills and plenty of help to guide and support you to succ

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

Professional from academic institutions, pharmaceutical industries, health care indust

ss.

Emotional intelligence check

Daniel Goleman coined this phrase and spawned a revolution. Without emotional in

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

telligence the rest seems somewhat moot. Ask yourself some tough questions about what you need to do to be more suc

.

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

essful and less stressed. Chances are that getting organized and becoming a more effective manager of your time mig

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

Companies that provide selfless information through particip

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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Inflation and economic trends require families to have two incomes just to stay even with their expenses. It may be that, in the future, even two incomes will not be sufficient. It is a good idea to be prepared for bad economic times rather than to simply hope for the best and suffer if the best does not come. Families should have multiple flows of income to guard against facing an insecure future. It is very important to have a source of extra income.

The customer is always right – this is really about an attitude of mind. Even if the customer appears really unreasonable, listen to them, hear what they have to say, paraphrase your understanding and find ways to go for a win-win. The customer wants to feel listened to and valued. Listening, reflecting back and letting it be known that you do really want to help, goes a long way to meeting customer needs.

RFID is an all-encompassing expression for technologies that employ radio waves to recognize people or objects automatically. After storing a serial number or other identification data on the chip connected to an antenna, user can use a reader to receive radio waves from the chip and convert the signal into digital information, which can be passed over to computers and be used of.

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Digg It - A Checklist for Organized Executives

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