Answers - Business

Congratulations! You've finally landed that job interview you've been waiting for. Now the real work begins! Remember, resumes don't get jobs; they merely get you

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

in the door. Here's how to make your resume come alive and make a good impression.

Tell Your Story in 60 Seconds or Less. Believe it or not, one of the biggest stu

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

Examples of combination products may in

bling blocks for job candidates is what to say when an interviewer opens with: tell me something about yourself. This is not the time to share where you were born,

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

our love of cats, or how much you hate your last boss! It??™s your golden opportunity to make your resume come alive. Your story needs to highlight your top three s

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

lling points that are most pertinent to the job for which you are applying. Support your points with short examples (see below). You may have more selling points, a

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

Combination pro

d if the interviewer is interested he or she will ask. Practice telling your story out loud until it??™s smooth and concise.

Give Specific Examples. For every sell

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

ng point you??™ve listed on your resume, you need at least one strong, specific example to support it. Great at customer service? Wow them with the story of your be

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

t customer turnaround. Marketing whiz? Dazzle them with your best campaign. Brilliant computer programmer? Give an example of how you saved someone time, money, o

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

solved a problem.

Do Your Research. There??™s no excuse for walking in the door unprepared. Check the company website, read magazine and newspaper stories; talk 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

friends or current employees. Ask the receptionist for old company newsletters, scour local business journals. The more you know, the more confidently you can matc

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

your skills to the company??™s needs.

Think Benefits. No, I??™m not talking health and dental here! I mean, why should the company hire you? What??™s in it for t

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

Following aspects would a

hem? Most people sit down and start outlining all their needs: salary, hours, driving distance, blah, blah, blah. Fatal mistake. Companies are not in the business

dd to the challenges in developing combination products:

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

of handing out something for nothing. So what can you offer that nobody else can?

Don??™t Be Afraid to Ask Questions. A person who is afraid to ask questions in an

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

interview is one who won??™t ask questions on the job. That leads to costly mistakes. You need to ask just as many questions as they do. Start the moment your inte

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

view is scheduled. Who will be interviewing you? Find out names and titles. Is there anything special you should prepare? How much time should you expect? During

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

the interview, ask questions that will help you determine if this is a good match. What would a typical day be like? What personality qualities does the company mos

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

Professional from academic institutions, pharmaceutical industries, health care indust

value? DO NOT ask about money! Once you??™re offered the job, then it??™s time to negotiate.

Be Consistent. First impressions begin long before meeting face-to-f

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

ce. Starting with your resume, proofread! A resume with typos broadcasts carelessness. Once you??™ve sent your resume, be prepared for a call. Answer your phone pr

.

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

fessionally and be aware of your voicemail or answering machine message. What does it say about you? Be nice to the receptionist. That person??™s opinion can make

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

Companies that provide selfless information through particip

r break you.

Send a Handwritten Thank You Note. A classy move that few people make. Ask for a business card to get the correct spelling and follow up immediately

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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Here's a tip for giving temporary office space a look of permanence. Discover 'executive suites'.

Mostly, we often encounter many promotional materials on our way. They are either distributed by the hand or delivered via mail. This advertising materials like the postcards and business cards are said to be businesses front line of their service. It is a simple way of expanding their company without the need to talk personally with their clients or do a house to house campaign.

Does it make sense to become franchise consultant these days? Would this make a good career choice? Well franchising is a very rewarding field and good franchise business consultants are needed, as the failure rates for Franchising Companies is 75%.

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