Cases - Business

Keeping your personal and professional lives balanced can be tricky when you are in sales or running your own business. While every person has a different definition of what livin

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

g a balanced life means, every definition includes some variation of having enough time for family, community, and, of course, work.

It has been said many times that if your life

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

Examples of combination products may in

s in balance, your checkbook will not be. The people who feel this way are often the ones who sit at their desk at the end of the day looking at their unfinished work. Instead of

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

closing the laptop and heading home, they pick up the phone to call their spouse, letting them know they will not be home for dinner again this evening. While this extra work has

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

erit, their personal life is obviously out of balance.

On the other side of the coin, there are those who try to balance their lives by leaving unfinished work on their desk, clos

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

Combination pro

ng their laptop and heading home for the day. They shirk their work responsibilities to make sure they are going home to spend quality time with the family. While this attitude a

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

so has merit, the lost work leaves their professional life out of balance.

Both of these attitudes are damaging to other important aspects of your life, and neither one needs to h

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

ppen. The truth is that you have much more time during the day than you realize. The reason why your life feels unbalanced is because you aren’t spending your time wisely.

The s

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

cret to balancing your life isn’t about the amount of time you spend at home or work; it’s about how you spend that time. Improving the quality of your time, no matter where you a

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

e, is the key to balancing your personal and professional life.

So wherever you are, be there completely.

This means that if you are at work, even if you’d rather be home with yo

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

r kids, you need to accept the fact that you are at work. Use that emotional energy created from your desire to be home with the kids as your driving force to get as much work do

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

Following aspects would a

e as you possibly can during the day.

Stop wasting time surfing the internet, talking in front of the proverbial water cooler, or worrying about whether or not you are going to be

dd to the challenges in developing combination products:

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

home in time for dinner. You are at work; so you might as well work hard.

Start each work day with a challenge to see how much you can possibly get done. Then, when five o’clock

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

rolls around, you will be satisfied that you have accomplished so much during those eight hours. You will feel satisfied heading home after a hard day’s work.

When you are home,

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

e at home. Don’t pollute your personal time with worries about what needs to be done at work. Leave your work behind you and be there with your family. Turn off the television a

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

d get out a board game. Gather around the kitchen table to hear about how the rest of the family spent the day. Spend the time helping your kids with their homework and hearing a

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

Professional from academic institutions, pharmaceutical industries, health care indust

out the new crush they have at school.

Improving the quality of your time will lead to quality results in your professional and personal life. Pouring your heart and soul into a

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

roject at work will dramatically boost your business; and soaking in those precious moments with your family will nourish an indescribable love and appreciation.

Balancing your li

.

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

es will give you a new sense of energy, creativity and productivity that you never thought possible. You may find that the children’s book you’re reading gives you an idea for an

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

Companies that provide selfless information through particip

dditional use for your product, or that the energy of a productive workday carries over to playtime with your kids.

A balanced life means a better life – no matter where you’re at

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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Cases - Balancing the Personal and Professional You

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