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Digg It - 5 Tips for Getting Paid What You're Worth
According to a recent study conducted by the Institute for Women's Policy Research, if current wage patterns conti
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
nue, a 25-year-old woman, working full time, will earn $523,000 less than the average 25-year-old man by the time
; 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
hey both retire at 65.
Want to get paid what you're worth? Then consider these tips:
1. Banish the romance myth
Want to get paid what you're worth? Then consider these tips:
1. Banish the romance myth
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
about money. If you haven't figured it out by now, prince charming isn't coming. Further, money is not the "nec
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
ssary evil" that we have been taught. It is a currency of exchange in our society. You provide a service and in
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
return you receive money. It's that simple. Get comfortable with this concept of money.
2. Develop a career ver
2. Develop a career ver
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
us a job mentality. Develop a career plan, and write it down. A written plan will help you make better choices.
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
Plus, a planned approach will help you avoid the appearance of job-hopping. And, should you decide to exit the w
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
rkforce (for family or other obligations), it will be easier to get back on track when you decide to do so. Rememb
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
er, you can always adjust your plan.
3. Develop a sense of your own worth. Noble poverty is not a virtue unless
3. Develop a sense of your own worth. Noble poverty is not a virtue unless
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
ou are Mother Theresa. Take a lesson from the L'Oreal commercial where the woman says, "I'm worth it." You are.
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
Repeat that to yourself every day as many time as you can. Do this until you believe it. You will be amazed at
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
he prosperity that unfolds for you.
4. Adopt a "yes and" mentality. Lose the "either/ or" attitude that has been
4. Adopt a "yes and" mentality. Lose the "either/ or" attitude that has been
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
drilled into your head. That's the attitude that tells you "I can have a stressful job and make lots of money" o
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
"I can have a job making a difference in the world." Repeat after me: "I can do both." Change your model to "I
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
can have a vital career (i.e. interesting work for excellent pay) and a vital family life."
5. Think big. You ha
5. Think big. You ha
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
e to make money, so why not make top dollar in your chosen profession or field? It all starts with you. You have
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
to create your own reality. Tell yourself you're going to make six figures or more. Write it down. Say it out
.
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
oud. Share it with a friend. Then see what happens. The universe has a way of helping fulfill our strongest int
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
entions.
Only you can change your mindset and attitude about earning what you're worth. What are you waiting for
Only you can change your mindset and attitude about earning what you're worth. What are you waiting for
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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