Subjects - Business

1. Freedom.

It's an amazing feeling when you realise that you no longer have to ask permission to go to the dentist! Unless you have experienced the sense of freedom that working from home can give you this may be tricky for

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

you to get your head round. Trust me … you need to try it. Break free and put your plan to Escape the Rat Race together today. There are so many wonderful ways to do it that if you feel like you're suffocating in the workpl

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

Examples of combination products may in

ce it's time to go to Plan B.

2. Home and Family Life.

You can be there for your family and work your schedule round their very demanding one! It might be young children, elderly parents or perhaps you keep animals. My two c

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

hildren are thankfully very healthy but even so, all children sometimes need to take a day off for various reasons. When I worked for someone else this used to give me stomach ulcers! When we settled in the UK and I discovered

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

how many half-terms and Personal Development days there are I nearly had a nervous breakdown and that's when I decided to look into working from home.

3. Be Your Own Boss.

The gratification of knowing that you are working har

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

Combination pro

d for your self, not your boss is hard to beat. This is a huge factor in the decision to break free. Many single people don't need to worry about fitting their schedule round family life but they have other requirements such

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

as wanting to be able to make their own decisions like a grown up. It can often feel like you are a still at school when you need to keep notifying someone else about what you are doing with your time. Being your own boss ha

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

s its ups and downs but if you're ready to take responsibility for your own future success then I highly recommend it. You must be self motivated and success minded for this though or you may find yourself becoming a day time

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

soap watching professional…

4. Wake Up When You Are Finished Sleeping!

You can start working when YOU are ready. I used to hate commuting with a passion. I mean really hate it. Now I have time to do a little exercise, perha

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

ps read or meditate early in the morning. Then I walk my daughters to school and settle down with my green tea and laptop. No traffic jams and no stress.

5. Avoid the Nasty British Weather.

This may sound silly but I love t

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

avoid the bad weather… Come on let's face it with the temperamental weather in the UK who wants to have to go out to work in all weathers? Not me anyhow. Unless I have a confirmed appointment I do my work from home on those

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

Following aspects would a

rainy and windy days, saving my jaunts for the mild days.

6. Work From Home, Not Just At Home.

The working at home element is fabulous, and the home-based element means you are allowed to go out and have fun doing your busin

dd to the challenges in developing combination products:

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

ss! My idea of working out of the home these days is attending networking events on subjects of my choice to widen my circle of contacts, or if I'm doing some 'real' work I may attend a home business reception for one of my

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

new team members where I sit down and watch a DVD! (Hard labour I think not!)

7. Independent But Not Alone.

These days there are so many opportunities to partner with amazing companies with proven business systems, which enabl

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

one to be independent and flexible, but to have the training and support to avoid feeling isolated. Let's also not forget the potential to earn unlimited income with many of these opportunities!

8. Free Of Overheads And No

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

Need To Hold Stock.

This is an incredible benefit when you think how traditional businesses operate. Most new business owners need to be willing to go straight into heavy debt, hold stock, pay staff, premises costs and of cou

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

Professional from academic institutions, pharmaceutical industries, health care indust

se have accounts receivable to keep them up at night biting their nails.

9. Internet Marketing.

The possibilities are endless with the internet and the leveraging of time. I have a mobile paper-free office and can do my bus

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

iness from anywhere. There are so many amazing new communication tools these days - just remember to turn the video camera off when you are working in your pyjamas or having a bad hair day! You can have an international busin

.

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

ss reaching to almost any corner of the globe. Imagine the possibilities of having a business that operates in different time zones and earns you money while you sleep.

10. Holidays!

Last but just as important! You can book y

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

Companies that provide selfless information through particip

our own holidays in your diary. You can run your own 'flexi-time' and work in the middle of the night, dusk or dawn if the fancy takes you and then take the day off in the sunshine (need to make the most of it when it appears!

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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Being a Christian in Business To listen to some Christians anyone would think that business is something of a lower calling compared to other pursuits. In reality, the Bible has heaps to say about business – much of it positive. I remember sitting down to lunch with a famous evangelist a few years ago and asking him how he managed to afford to hold such huge crusades in poor, third world nations. I'll never forget his reply...

Mark Twain once said the rumors of his death had been greatly exaggerated. The same may be said for the press release. It’s not dead, but its mission has evolved. Those PR practitioners who are spreading these death rumors would have you believe that press releases should never be written, nor distributed. I take issue with this old-school thinking.

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