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  • Digg It - Forget Donald Trump! It's Personal And It's Still Business!

    If you have watched the reality TV show by Donald Trump, The Apprentice, you will agree with me that Trump is one of the best busin
    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
    essmen in the world today. From the way he arrives at decisions as to who goes up the suite and who takes the elevator, to his vast
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    business interests, Trump comes across as the archetypical shrewd businessman of our time.

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

    ion of decisions, to his obstinate obsession with profit, Trump is a paragon of today’s astute businessman. To him, the best entrep
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    reneur is one who gets the highest buck out of a deal. Period! If there’s a name to describe a shrewd businessman, that name can be
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    encapsulated in the person of Donald Trump.

    In his flagship TV program, The Apprentice, Trump cuts the figure of one whose overrid
    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
    ing preoccupation is making profit. Granted, this is what every business aspires to do – to make profit. However, it’s my personal
    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
    pinion that he sometimes overreaches himself when making some of his famed decisions. As far as he is concerned, the team that brin
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    gs in ‘the most money’ at the end of the day is the team that wins. If your team is unfortunate to tag along the rear end, then, as
    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
    good old Donald would say, ‘someone will get fired’. If this person ends up being you, the words ‘you are fired’ – as only Trump ca
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    n say them – will ring very true indeed.

    Although I agree with most of Donald Trump’s ‘I’m-sorry-you-are-fired’ decisions, there a
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    re instances when I felt his obsession with profits may have obscured his judgment as to who gets fired and who stays. This is wher
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    I beg to part ways with him.

    Relationships and not just profits are a vital ingredient in every venture. Every manager or leader
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    of a group should endeavor to build positive relationships among his or her team if they are to get optimal performance from them.
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    eople need to feel that you care about them enough to give them another chance when things occasionally go awry.

    The fact that a c
    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
    ertain employee bungles things one day does not mean he or she is ineffective as an employee. One could just be having a bad day. W
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    all have had days when our motivation to perform was seriously hampered by events or things that happened to us, e.g. a parent who
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    left a sick child at home may seem absent-minded and not as ‘sharp’ as everyone else. A spouse who left home for work after having
    .

    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
    an ugly quarrel with a partner may easily get irritated at the office and therefore not be in sync with the rest of the team. If Do
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    nald Trump was to come shopping at this unfortunate time, chances are that these unlucky fellows will be trampled out of their jobs


    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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