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Digg It - The Value of Virtual
While secretaries and administrative assistants have been around for years, the term “virtual assistant” is a relatively new term that has become popular
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
along side the Internet. What is a virtual assistant? Also called a VA, a virtual assistant is the online equivalent of an office administrative assistant
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
As independent contractors, virtual assistants work for their clients off-site, performing a variety of administrative tasks. Common duties include data
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
entry, web design and maintenance, bookkeeping, word processing and transcription. While many virtual assistants offer basic office skills like these, oth
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
rs specialize in areas like accounting, research, mailings, marketing and public relations.
Because virtual assistants work off-site, often from their ow
Because virtual assistants work off-site, often from their ow
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
n home offices, businesses that hire them do not incur additional overhead expenses, payroll taxes or benefit payments. Instead, the business gains the ex
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
erience and expertise of the virtual assistant while only paying for the services performed. This set-up can be particularly valuable to the small busines
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
owner or nonprofit that can’t afford to hire additional staff. It can also be ideal for firms that need to fill employment gaps during peak times, matern
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
ty leaves and vacations.
How does it work? Once a virtual assistant has been selected, the hiring firm and the VA outline their terms. This is typically
How does it work? Once a virtual assistant has been selected, the hiring firm and the VA outline their terms. This is typically
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
done via e-mail or telephone (e.g., virtually). The hiring firm spells out the work to be performed, standards of performance and the needed deadline. The
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
virtual assistant quotes a price, or an hourly rate, for the work and her payment terms. Prices and rates vary based on the type of work, level of experti
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
e required and the deadline. More complex projects or those that are needed right away will likely be more costly than simple tasks. Once an agreement has
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
been made, the VA gets to work, contacting the hiring firm as needed with questions. Once the project has been submitted and approved by the hiring firm,
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
the virtual assistant paid. This can also be done virtually through online payment systems like PayPal.
How can you find a virtual assistant? There are a
How can you find a virtual assistant? There are a
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
number of professional virtual assistant associations accessible online including the International Virtual Assistants Association (IVAA), the Internation
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
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
l Association of Virtual Office Assistants (IAVOA) and the International Association of Virtual Assistants (IAVA). In addition to offering certification p
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
ograms for virtual assistants, these associations often include online directories where you can search for virtual assistants. A simple Google search of
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
the term “virtual assistant” will also yield millions of results.
The key is finding someone:
(1) who can perform the needed tasks on time;
(2
The key is finding someone:
(1) who can perform the needed tasks on time;
(2
.
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
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
who will communicate clearly and on a timely basis;
(3) that will maintain your privacy and confidentiality; and
(4) with whom you will enjoy
(3) that will maintain your privacy and confidentiality; and
(4) with whom you will enjoy
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
working.
If you can accomplish these four goals with a virtual assistant, she can become a valuable part of your virtual team.
Copyright 2006 Dana Blozi
If you can accomplish these four goals with a virtual assistant, she can become a valuable part of your virtual team.
Copyright 2006 Dana Blozi
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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