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News Flash… Faithfully attending meetings may actually keep you from being as successful as you desire. Not to step on any

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

toes here, but the truth of the matter is that meetings are potentially hazardous to your career health. Just mention the w

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

Examples of combination products may in

rd “Meeting” and you’ll here folks grumbling under their breath. So, what is it with meetings? Should we just abolish the

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

ery idea?

Obviously not. There is a time and a place for meetings. First of all, meetings do serve to get key people toge

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

her and that is vital to the process of creating new concepts and products. Second, meetings can be integral to updating an

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

Combination pro

amending ongoing projects. And third, meetings serve to unify your work-team. With all the potential and value meetings c

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

n offer, why is it that meetings get such a bad rap?

The Top 3 Complaints about Meetings

1.Starting and ending late 2.No

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

lear purpose, agenda, or decisions made 3.Too many individuals in attendance and/or key individuals not present

Bill Jenso

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

, author of The Simplicity Handbook, conducted research entitled “The Search for a Simpler Way.” This ongoing research proj

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

ct has surveyed over 1,000 companies from around the world on best practices in the corporate world. They’ve looked at topi

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

s such as successful leadership and time management. Research feedback from successful leaders revealed some important find

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

Following aspects would a

ngs. Successful leaders report that a critical factor to their success was Time Management Skills. In addition, they also

dd to the challenges in developing combination products:

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

aid that they attended meetings only if the meeting met specific criteria. The criteria? Meetings need to provide a clear-

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

ut, high return on their investment of time. These successful leaders claimed that they learned the importance of time mana

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

ement early in their career even if it wasn’t the “popular thing” to do. It takes courage to be successful!

These successf

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

l leaders know the importance of having high standards. They are vigilant about spending their time wisely. Successful peo

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

Professional from academic institutions, pharmaceutical industries, health care indust

le are in touch with their own personal vision, goals and priorities, and what they spend time on is an absolute match to th

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

ir priorities. In what ways does this important discovery impact you? Do you find yourself at the end of the day wondering

.

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

where the time went? Do you feel at times that your time is wasted on meetings and paper work that are not helpful to your

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

Companies that provide selfless information through particip

oals? Take charge of your life by taking charge of your time. Do it today. Your life, your dreams, your success depend on it

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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