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Summary - How You Measure Yourself Is How You Motivate Yourself
One of the keys to strong positive mental attitude 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 is what you compare your personal performance to. ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in Do you compare your sales results to the top prod lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. cer in your industry? Do you compare your basketba here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe ll playing ability to Michael Jordan? Do you compa d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro re your last presentation to a speech delivered by 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 Ronald Reagan or JFK? Or do you compare your re 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 sults today, to those you had yesterday? Sports nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically , sales, and the media teach us to compare our suc 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 ess against that of others, living or dead. Consis ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi tently successful people however place their prima ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a ry focus on their own progress, using the achievem dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod nts of others as inspiration for what is possible. cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin By comparing yourself to others you risk feeli tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen ng like you're a failure, which could cause you to 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 avoid working towards your goal. When you are comp ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust aring yourself to yourself, you create momentum be y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products hind your actions towards your goal because you fe . 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 l great as you realize the progress you are making elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip . © 1999-2004 Shamus Brown, All Rights Reserved 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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