| E-Folder |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Business > Careers Employment > When Losing Your Job....How to Stay Positive |
|
E-Folder - When Losing Your Job....How to Stay Positive
As we go through today’s business cycles of ups and downs, it will not be uncommon for us to experie 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 nce a layoff or job loss for one reason or another. When a job is loss, it is much like any other l ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in oss we experience in our life, (1) an ending, followed by (2) a period of confusion and distress, le lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. ading to (3) a new beginning. We feel this sense of loss because overtime we begin to identify ours here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe elves with the circumstances of our lives. Who we think we are is partly defined by the roles and r d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro elationships that we have. When you lose a job there are a few things to keep in mind in moving thr 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 ough it: Remember it is not about you. Most businesses lay off based on certain financial targets a 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 nd commitments they have made to the shareholders, bankers, and/or Board of Directors that may be at nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically risk. Often it is about the survival of the company and they have to make some hard decisions abou 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 t who to let go. Just remember “it is business, not personal.” Don’t judge yourself as unworthy or ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi a victim because you were selected. This may be the chance you have been waiting for to do what you ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a always wanted to do. Allow yourself to take this time to create the vision you want for your work. dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod Think about ways you can apply your acquired skills in another environment. Revisit how your skill cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin s were under utilized in your old position. Be sure to define your skills broadly, i.e. a systems tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen engineer with a specific specialty area. Think about skills like project coordination and team lead 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 ership that were part of your responsibilities, but not part of your title. Focus on the road ahead ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust . This transition might just be offering you one of life’s natural and periodic times of a needed r y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products eadjustment and renewed commitment. Personal development is the key that provides you choices in li . 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 fe and career. Continue to explore and reinvent yourself to fit the needs of a changing job market. elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip Keep your eyes on the “possibilities,” there are many! See the job transition as a new beginning! tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:Merger And Acquisition Companies Increase Your Profits by Switching to Daytime Cleaning
|