Answers - Home Based Business

The advances in technology over the past 15 years have created many new job opportunities for people inter

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

ested in working from home. With little more than a PC and a high-speed internet connection, it is now po

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

Examples of combination products may in

ssible for anyone to call their home “the office” as well. Employers benefit from hiring telecommuters fo

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

several reasons: increased employee productivity, reduced operations costs, and a general increase in emp

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

loyee morale and satisfaction. But what are the benefits for the employee who works from home?

For start

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

Combination pro

ers, there is no more commute to work. That means no more hassling with the morning traffic jam, or tryin

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

to dodge rush hour traffic. You simply wake up, and assuming you slept at home, you should be no more th

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

an a few feet away from your office. This fact alone can save you hours of travel time each week.

Many t

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

elecommuters also benefit from having a flexible schedule, and can even set their own hours. This makes i

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

easier to work around routine obligations, such as a doctor or dentist appointment. You will still be ex

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

pected to work 30-40 hours per week, but when you work the hours is up to you.

The freedom of being able

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

Following aspects would a

to work whenever you like allows you to spend much more quality time with your family. You are no longer

dd to the challenges in developing combination products:

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

ied down to working 9-5. If you have children, you can work for a couple of hours when they go to bed. E

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

ven though you are at work, you will still be accessible to your family, should the need arise.

There are

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

also several money saving benefits of working from home. With no daily commute, you’ll save on both gas

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

oney and car maintenance. You won’t have to spend near as much money on work clothes. Children can be at

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

Professional from academic institutions, pharmaceutical industries, health care indust

tended to at home, instead of having to pay for daycare. Computers, software, internet connections, fax m

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

achines, and other work related office supplies can even be filed as tax write-offs.

These are some of th

.

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

main benefits of working from home. Technology is changing fast, and more and more companies are hiring

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

Companies that provide selfless information through particip

telecommuters every day. Spend some time researching potential jobs, and find the one that best suits you

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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