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    When someone asks me what I do, and I tell them I am a Virtual Assistant, I am bombarded with questions. What is a Virtual Assistant? Who uses a Virtual Assistant? How much do they charge? How can they complete my work without being in my office? How is a Virtual Assistant more beneficial than someone in
    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
    my office? How do I know that I can trust the hours they charge and that they won’t share my personal information? How do I go about finding a Virtual Assistant that is a “match” for me? These are all legitimate questions that someone considering hiring a Virtual Assistant needs to ask and have the answers
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    o.

    What is a Virtual Assistant?

    A Virtual Assistant is a person or company that completes a variety of administrative, web, and computer work virtually. This means that they complete the work from their office and send it to their client via email, web link, postal mail, or fax. Communication is mainly don
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    via email and phone, with many Virtual Assistants never meeting their client face to face.

    Who uses a Virtual Assistant?

    Anyone can. Real estate agents, coaches, non-profit, churches, small business owners, and big corporations are a few that can benefit from the services of a Virtual Assistant. The benef
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    it of a Virtual Assistant is that they can be used on an “as-needed” basis, or a client can contract them to work so many hours a month.

    How can they complete my work without being in my office?

    The power of technology allows work to be done from anywhere. Some Virtual Assistants will connect their computer
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    to a client’s and work directly on the client’s computer. Other options are to send work via email, postal mail, and even put it on the web and have clients download it. Depending on the project, a Virtual Assistant can find a way to complete the work and make sure the client gets it.

    How is a Virtual Assis
    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
    ant more beneficial than someone in my office?

    The main benefits of a Virtual Assistant to someone in an office are financial and space. An average office employee makes $43.54/hour (United States Bureau of Labor Statistics March, 2003) with their benefits package and wage. By the time an in-office employee
    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
    takes breaks, lunch, restroom breaks, and chatting with others in the office, think of how much money is wasted! A Virtual Assistant will charge their client ONLY for the time spent working on the project and they pay their own benefits.

    The other benefit is space. Having another person in an office means s
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    mewhere to put another desk, computer, and other office equipment needed by that employee (plus the cost of all this equipment and maintenance). Virtual Assistants provide their own work space, computer, equipment, maintenance, etc. In addition, most Virtual Assistants will cover the cost of supplies, which
    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
    or an employee, the employer must also provide. When adding up these costs, the Virtual Assistant comes out as a far cheaper option.

    How do I know that I can trust the hours they charge and that they won’t share my personal information?

    Most Virtual Assistants use some sort of software to track their time i
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    and out. There are several software programs that allow the user to punch in and out, just like a punch clock. It tracks the time, and at anytime the user can create a “report” that vouches for time spent and can be sent to a client when needed. As a Virtual Assistant, I use TraxTime. This allows me to re
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    cord my time working, and easily punch out if I need to take care of something personal. It also allows me to make memos as to what I am working on, so a client has an idea of how long something takes to be completed. All Virtual Assistants have their own preference of software they like to use, but all work
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    under the same ethics that they charge only for time spent working on a project. They won’t charge you for their lunch break, or the call that came in from another client. Obviously, Virtual Assistants work on the honor system of punching out for personal time. Clients always have the right to find another
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    Virtual Assistant to work with if they feel their Virtual Assistant is charging them for time not spent on their project.

    As for sharing a client’s company information, clients need to be sure to have a contract in place that ensures their company secrets and information will not be shared. Many Virtual Assi
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    stants have “niched” an industry, and this results in them having competing clients. With a contract in place, they cannot share a client’s information or use it to help another client. And to speak logically on this, if a Virtual Assistant did this, they would lose the faith and trust of clients, which woul
    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
    result in the failure of their business. So, it is not to their benefit to share a client’s information. But, to protect themselves, clients should be sure to sign a privacy clause in a contract.

    How much do they charge?

    The general price ranges from $20 to $50+ per hour depending on the services requeste
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    and the Virtual Assistants experience and degree. Many Virtual Assistants offer a “retainer plan” for those clients that are willing to commit to a certain number of hours per month. With a retainer plan, a client can get a discount on hourly rates.

    How do I go about finding a Virtual Assistant that is a “
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    match” for me?

    As I mentioned previously, many Virtual Assistants find a “niche” which is an area they excel in. A client needs to find a Virtual Assistant that niches in their area of expertise and that offers the services they need. Some clients find it beneficial to have 2 or 3 Virtual Assistants that ha
    .

    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
    e different areas of expertise. The most important thing in finding a Virtual Assistant is not cost, or even area of expertise, but do you match well? Do you have the same work ethics? Do you have personalities that will work well together? Finding someone you feel comfortable with is the most important be
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    ause a Virtual Assistant will become your partner in business and will help your business become even more successful.

    © 2005 JERPAT

    You have permission to reprint this article electronically or in print, as long as the text and byline remain unedited. A courtesy copy of your publication would be appreciated


    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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