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Even thought the job market has been good lately, you should keep in mind that it was not too long ago that things weren’t quite so good. You should also remember that in the labor market, as with any market, downturns a

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

re inevitable. Hopefully, you won’t wait for things to turn bad and then decide that it is time to do something. Better to have your strategy in place now. When the downturn comes, you’ll be able to keep your head when

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

Examples of combination products may in

all those around you are losing theirs!

Here are top ten ways to survive the tight labor market. You can change each point as necessary to fit your particular situation.

1. Become Indispensable: This is the first and f

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

oremost workplace survival rule, especially when the labor market is tight. When survival is the purpose, you can create your best chances when you make yourself and your position indispensable to your company. Hopefully

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 haven’t waited until things became bad to do this. You become indispensable by being reliable, becoming a mentor or contributing to the company’s bottom line (i.e. – sales), no matter what your job title is. Obtainin

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

Combination pro

g Six Sigma training is another way for you to position yourself as indispensable. Companies are highly reluctant to let someone go whose worth can be measured in $$$!

2. Gain The Competitive Advantage: As in a race, sta

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

ying ahead of the competition is done by gaining an edge (any edge!), especially in unexpected situations. Now is not the time to be “Mr. Nice Guy”. Hey, you are trying to survive here! How do you do this? You do this 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

y grabbing opportunities, taking the initiative and leading from the front. No employer wants to lose an employee who is voluntarily willing to take on additional responsibilities. Fortunately for you, there are not that

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

any people that fall into this category. Make sure that you are one of them.

3. Break Up Objectives Into Sub-Objectives: Breaking up your job objectives into what can be called sub-objectives helps you set realistic 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

more achievable targets. If this sends the right kind of signals to the right people in the organization, you will get noticed as you complete each one of them. This approach also gives you a psychological edge, as you w

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

ill be keeping busy and accomplishing the goals of the company in general, and relative to your position specifically.

4. Make Things Happen: When things get tough concerning your job security, what you must understand i

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

Following aspects would a

n the first place is that nothing is going right for the company at the moment. In this case, the onus is on you to make contributions to make things work, especially in your department or division. at least those in you

dd to the challenges in developing combination products:

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

control dramatically changes their perceptions about you.

5. Assert Yourself: If you are not the first to go in your company, you will inevitably see things deteriorating around you. Offer your services (not a hollow su

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

ggestion) to contribute to improve the situation. Now is not the time to be shy! Don’t hesitate to discuss your plan of action with your boss. This allows your boss to see both you and your skills in a different light, p

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

referably a highly positive one.

6. Connect With Optimistic People: This keeps your morale and spirits high. Keeping negative thoughts at bay promotes creative and pragmatic thinking.

7. Prepare Yourself For Change: Eve

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

n though it may be difficult, especially when it comes out of the blue, accept the inevitable. Don’t pretend as if you are invincible. Being mentally prepared helps you to formulate your next step, without panicking.

8.

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

Professional from academic institutions, pharmaceutical industries, health care indust

quip Yourself: Your next job hunt can be harder than surviving this unless you have developed required skills. Realize that you may have to upgrade your skills in order to find your next position. Don’t start when you re

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

alize the ship is sinking, because it is too late then.

9. Explore All Avenues: Panicking can leave you in a worse position than almost anything else. Exploring different options is a must in this situation. Don’t leave

.

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

any stone unturned to find a replacement job, even if it means moving to a totally different line of work. What works is taking concrete steps and having a plan to improve your situation. What will not work is procrastin

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

Companies that provide selfless information through particip

ating and hoping for miracles.

10. Keep Your Composure: Above all, you must keep your composure and not panic. If you panic, then you can’t think clearly. Having a viable plan in advance is the key to keeping your cool

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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In economics, unemployment refers to the condition and extent of joblessness within an economy, and is measured in terms of the unemployment rate, which is the number of.

Your job search has turned out better than anticipated and you've got a great offer - for a place where you can't afford to live. Your salary won't let you buy a dog house and the nearest affordable rentals would force you to a two-hour commute each way. What do you do? Career expert Cathy Goodwin, Ph.D., has some ideas.

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