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  • Digg It - Networking for Women Entrepreneurs: Connecting is the Magical Key to Networking

    Something strange happens to many women when they approach networking opportunities. They suddenly forget how to connect, simply going through the motions of shaking hands and exchanging business cards. Network
    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
    ing becomes a chore – part of a business plan that is carried out with apprehension and some degree of loathing. It doesn’t have to be this way. Networking magic happens through your connections - and your conn
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    ections can create the fulfilling life you’re looking for.

    Your First Step – Start With Your Heart

    Real connections come from true, heart-felt, and honest interactions. Shed your business persona and b
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    yourself. If you have a line drawn between your personal and business connections, then erase that line. Start connecting with others as if each person might end up as your best friend. It’s a simple formula f
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    or connecting from your heart with other entrepreneurs: Be yourself, and you’ll naturally attract like-minded, quality people. People you meet are more likely to introduce you to their friends and associates if
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    they like you.

    Honesty, curiosity, and vulnerability are keys to success. Intimate connections are the foundation upon which we build satisfied lives and the best connections are heart-centered connections. D
    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
    n’t think for a minute that success in business requires a stoic business persona. Nothing could be farther from the truth.

    Maintain an attitude of service

    Great connections are the ultimate life and b
    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
    usiness builders and all great connections are based on a positive attitude of serving. Yes, it’s true that we can’t stay in business for long if we give everything away. But, there’s a fascinating paradox that
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    I’ve discovered in my many years of networking and creating connections. The more I give, the more I get.

    Approach each interaction with an eye toward providing service. Find out what your prospect needs, and
    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
    if you can’t provide the answers, then steer her towards someone you know. You’re not giving your business away, but you are always thinking of ways you can be of service to others. A service-oriented attitude
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    is perhaps the most magical networking tool available. You’ll be amazed at how swiftly and abundantly it comes back your way. Simply put - the more you give, the more you get.

    It’s not who you know, it’s wh
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    o knows you

    Those with the largest database of business cards don’t necessarily win. Unless you’ve honestly connected with the most influential people in your database, having their names will do you littl
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    good. Put your energy toward creating close connections with those who can have the most positive influence in your life – and don’t limit your search to business connections.

    Think in terms of how you can he
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    lp these people by connecting them with others you know, by providing a unique service, or simply by being a friend. Make yourself available and they’ll respond in kind when you’re in need. Ask yourself: Who ar
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    e the most influential people in my industry? Who are the people with whom I’d most like to associate with? Then, start developing strategies to meet these people. It’s most important to connect with those who
    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
    re most like how you want to be. And don’t for a moment believe that some people are out of your reach. Aim high and you’ll reach high.

    Connecting isn’t a solo trip

    Great networking isn’t about out-man
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    euvering your competition. The best networkers think in terms of collaboration, not competition, even with their fiercest competitors. How might two or three of you band together to provide products or services
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    to more high-end, high-paying customers? How can you enlist the help of people around the globe in your R&D efforts?

    Connecting by its very nature is collaborative. Instead of collecting business cards and se
    .

    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
    ding out brochures, seek out people with whom you might collaborate and build strong connections. You might meet someone with a brilliant idea who’s looking for a partner with your expertise. Or, you might form
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    a mastermind group to brainstorm innovative ways to improve your business while holding each other accountable for implementing these new ideas. Best of all, you’ll create new friendships that enrich your life


    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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