Subjects - Business

Whether working for a company or organization for a year or decades, it is always difficult to decide when to move on to another employer. There are certain signs that any individual can look for around the work place. While may of these seem l

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

ike common sense, others are more subtle and are just an important, if not more so.

Time in the job

Consider how long you have been in the same job with the same title performing the same function. If it is longer than twenty-four months and a

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

Examples of combination products may in

new job for the same employer is not pending, then it may be time to look for a new job. Consider changing jobs within a company or organization every eighteen to twenty-four months. Anything longer labels you as a “lifer” in the role.

Promoti

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

n

Are others around you in similar roles and organizations getting promoted and you are not. Ask yourself why. If they have similar functions, skills and background and they are getting promoted about you, it is time to move on.

Raise

Even t

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

hough it is one of the last taboos, raises and bonuses are important indicators of who is valued and who is not. If others are getting raises and bonuses and you are not, it is time to change jobs. If others are getting larger raises or bonuses

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

Combination pro

than you are, then it is time to move on too. Bosses make lots of excuses and reasons for disparity in pay treatment. Do not let these stories persuade you to stay in place. Follow the money as they say.

Ranking

Many organizations now rank e

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

ployees within departments, divisions or other teams and work groups. If you are not ranked number one or two – then it is time to move on. The money and the promotions will always go to the top people. Being in the middle or the bottom just m

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

eans you have a job – and only for the present.

Appraisal

If the six month or annual appraisal is anything but glowing, then it is time to move on. Most bosses are even more generous in performance appraisals than they are with raises and bonu

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

es. As such, if the appraisal does not have you walking on water, then you are less than valued in your current role.

Training

Most companies, organizations and businesses have annual training budgets. If you are only getting the minimum or t

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 mandatory training, then it is time to move on. If you are being offered extra training or special executive training, this may be a good sign when balanced with the other points raised here. Similar to ranking, extra and special training is

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

sign that you are valued and being developed for beyond the current job or role.

Business Trips

While business trips are often less than they are show as in movies and on television, companies and organizations usually only send the best peopl

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

Following aspects would a

e to meet with customers and executives. Travel is also a sign of value. If others in your department or team are traveling and you are not, ask yourself why. This too may be a sign that it is time to look for a new position.

Recognition

Bey

dd to the challenges in developing combination products:

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

nd pay, bonuses, appraisals, travel and training, recognition is important. When was the last time you got a plaque, a certificate, a letter from one of the top leaders in the organization? If the answer is you never have or it was so long ago

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

hat you cannot remember, and then it is time to move on. If what you do is valued in your mind but is not recognized and rewarded, it is time for a new job.

Meetings

While not the sign of prestige that they once were, important meetings are an

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

opportunity to shine in front of peers, bosses and executive leaders. Are you included in the important meetings or told not to bother to attend. If you are told to just do you work and others will attend the important meetings then it is time

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

to look beyond your current job.

Development Programs

Most companies and organization have programs for future executives – for the “jet jobs” or “fast tracks”. If you have been with a company less than five years and you have not been asked t

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

Professional from academic institutions, pharmaceutical industries, health care indust

participate in one of these you need to know why. And if the answer is that you were not selected for it but others were, then it is time to look elsewhere.

Promotion List

Companies have “bench strength” also call leadership continuity progra

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

ms. If leader A is gone then B is ready to step into her shoes. If you are not slated to slip into someone’s position by way of a succession plan after at least two years with a company or organization, then it is time to move on. Again, this

.

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

s something to talk with your boss or supervisor – or her boss or supervisor – about.

The hard reality of work is some people move up the ladder. Other people stay put. And still others are the first to go when there are budget cuts and reorga

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

Companies that provide selfless information through particip

izations. Take steps to make sure you are always in that first category. That will not always mean staying where you are working currently. But it will mean that you are taking care of NUMBER ONE – and that is the most important thing in any j

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 recent years, one industry has grown as such an alarming rate that some of the companies involved in it have actually broken into the Fortune 500. That industry is recruitment. Temping industries provide people with a fantastic service because it has never been easier to explore job opportunities.

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