Digg It - Business

There are several reasons people find themselves evaluating their careers. Perhaps you lose interest or you find something that interests you more. P

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

erhaps your company is downsizing. The first step to take is to make sure what you really want to do is change careers. Following are 10 consideratio

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

Examples of combination products may in

ns to ensure a path toward career change success.

(1) Assess your likes and dislikes – A lot of people change careers because they dislik

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

e their job, their boss or their company. Identifying the dislikes and examine your likes. What do you really like doing when you are at work, when y

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

ou are at home – in your spare time? What are you passionate about? If you are not sure, consider taking a career assessment test.

(2) Resear

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

Combination pro

ch new careers – Spend some time researching the types of careers that involve your passions.

(3) Transfer skills – Leverage your cur

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

rent skills and experiences to your new career. There are many skills (i.e. communications, leadership, planning, etc.) that are transferable and app

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

licable to what you want to do in your new career.

(4) Training and education – You may find it necessary to update your skills and broad

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

en your knowledge. If the skill you need to learn is one you could use in your current job, see if your current employer would be willing to pick up

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

the tab.

(5) Network – One of the keys to successfully changing careers will be your ability to network. People in your network may be ab

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

e to give you job leads, offer you advice and information about a particular company or industry and introduce you to others to expand your network.

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

Following aspects would a

Even if you don't think you already have a network, you probably do - consider colleagues, friends and family members.

(6) Gain experience –<

dd to the challenges in developing combination products:

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

/b> Keep in mind that you are essentially starting your career again from square one. Obtaining a part-time job or volunteering in your new career fi

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

eld not only can solidify your decision but give you much needed experience in your new career. Also, consider temping in your new field to gain expe

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

rience.

(7) Find a mentor - Your mentor may be able to help you by taking advantage of his or her network.

(8) Change in or chang

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

e out - Some people change careers, but never change employers. Remember not to start asking about a job switch until you are completely ready to

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

Professional from academic institutions, pharmaceutical industries, health care indust

do so.

(9) Job hunt – Prepare your resume, cover letter and references. Contact those in your network. Seek recruiters and search for jo

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

b openings in newspapers and online.

(10) Be flexible – A new career may involve anything from accepting a lower salary at first to reloc

.

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

ating to making a lateral move as a springboard for a bigger career change. Also, consider starting your own business or consulting as other avenues.

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

Companies that provide selfless information through particip

Use these tips and do some research to determine if you are truly interested in a career change, or simply interested in changing employers.

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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Digg It - Career Change - Change Careers or Change Employers?

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