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The MBA is perhaps the most coveted course in today’s world. This course tops the list of courses almost in all the developed and developing countries across the globe. The enthusiasm f

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

or the course has brought in many small private institutes etc. to offer this course. However, only those students who have obtained the MBA degree from some recognized eminent universi

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

Examples of combination products may in

ty find the best of placements. So the institute or the university is the first factor for a successful career in this field. This article will educate you about the various issues like

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

finance, strategy to study, interview etc. related to choosing MBA as a profession.

• In today’s competitive world there are no shortcuts. The student willing to take admission in one

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

of the best institutes either in Asia or abroad, need to study hard and get the good grades. 3.0 to 4.0 are the minimum grades required at the undergraduate grade point average (GPA).

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

Combination pro

• Most of the MBA schools or colleges adjudicate the caliber of the student via the GMAT or The Graduate Management Admissions Test exam. This test is to estimate the individual’s knowl

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

edge of English, Math and Analytical writing skills. The verbal or English section comprises of 41 questions to be answered within 75 minutes. The questions like correcting the hidden g

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

rammatical mistakes etc. The Math section has 37 questions and same 75 minutes. Questions are on various mathematical topics like percentage, ratio and so forth. The writing analysis i

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

s based on writing two essays on different issues.

• The school and university depend on the grades that you get in the exam. Good grades will fetch you a deemed university while poor

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

ones may not.

• MBA programs are full time and part time and within this program there are many choices. Like you can take up finance management, HR, etc. it is at the discretion of th

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

student to decide which course to go for.

• Once you have made a preference for the course, the time comes to look at the fee structure. Usually the MBA schools charge a high fee whic

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

Following aspects would a

h is not within the reach of students. In this case they look for other financial aids. Many schools offer scholarships, grants etc. that can be looked up to. Else the loan facility is

dd to the challenges in developing combination products:

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

always available. The loan providing banks and companies also consider the grades and the institution that recommends the name of the student. The successful schools are known for produ

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

cing productive students who can repay the loan conveniently with their salaries.

The FAFSA or the Free Application for Federal Students, loan offered by the federal government is doin

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

g remarkable job in this area. However, due to the popularity of the loan, the application should be sent as soon as possible.

• Many MBA schools ask for recommendation letters. This i

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

in order to justify a student’s authenticity. In this case the letter should be taken by an honored and known authority whose recommendation lifts your name in the eyes of its seekers.

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

Professional from academic institutions, pharmaceutical industries, health care indust

• The school life is followed by hunt for a job. If you have passed from a top most school, job is not an issue; still you need to be prepared to win your contenders. When going for a

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

n interview wear decent clothes that are not too jazzy and funky and colorful. Practice properly with a friend or family member before the day of interview. Don’t forget to take a copy

.

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

of resume and cover letter along with your certificates. You need to be familiar with each and every word of your resume and cover letter. Don’t be nervous and maintain a calm composure

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

Companies that provide selfless information through particip

. Try replying in a prudent manner to all their questions. Even if you make a mistake, don’t let it affect your rest of the answers and your attitude.

So go ahead and chase your dreams

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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