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Suggest - The Power of Persistence and Patience
Can enduring success be accomplished without persistence and patience? The answer is ‘No!’
Persistence and patience go hand in hand. You cannot achiev
Persistence and patience go hand in hand. You cannot achiev
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
e true success with one without the other. They are what I call essential ingredients in the formulation that gives birth to success.
One of the dicti
One of the dicti
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
naries I consulted provided this meaning for persistence: ‘to be obstinately repetitious, insistent, or tenacious. To hold firmly and steadfastly to a
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
urpose, state, or undertaking despite obstacles, warnings, or setbacks.’
Read that again! Can you see how powerful a tool persistence is in the hands
Read that again! Can you see how powerful a tool persistence is in the hands
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
f anyone who desires to succeed? To hold firmly and steadfastly to a purpose, state, or undertaking despite obstacles, warnings, or setbacks!
Can you
Can you
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
magine anyone making it without these attributes?
I’ll answer that question by telling you a story. Seven years into starting our publishing business,
I’ll answer that question by telling you a story. Seven years into starting our publishing business,
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
we were yet to get out of the woods. Things were getting more difficult by the day. As a matter of fact, we were facing bankruptcy.
The bank we were
The bank we were
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
wing got tired of our unfulfilled promises and set a deadline for us to pay up or got wound up. We couldn’t pay when the deadline expired. And they sen
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
along their receiver manager.
When the man discovered that apart from our staff we didn’t have much left except for furniture which would only fetch
When the man discovered that apart from our staff we didn’t have much left except for furniture which would only fetch
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
n insignificant fraction of what we were owing, he realized that he had come to a dead end.
Our case was hopeless from what he could see. But persiste
Our case was hopeless from what he could see. But persiste
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
ce [some prefer to call it perseverance] was my second nature. So I pleaded for more time. The bank had no choice. So they let us be.
And from that ho
And from that ho
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
peless situation, God stepped into our affairs and things began to turn around dramatically.
For the first time since we went into business we had a b
For the first time since we went into business we had a b
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
eakthrough. But look at how close we were to going under! Persistence saw us through.
Now, persistence is of no use without patience. If you’re persis
Now, persistence is of no use without patience. If you’re persis
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
ing on something and you do not have patience, your efforts will be sabotaged by lack of patience.
A dictionary defines patience as ‘The capacity to e
A dictionary defines patience as ‘The capacity to e
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
dure hardship, difficulty, or inconvenience without complaint. Patience emphasizes calmness, self-control, and the willingness or ability to tolerate d
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
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
lay.’
If you read that definition carefully again, you’ll discover that your chances of succeeding, no matter how strongly you persist in an endeavor,
If you read that definition carefully again, you’ll discover that your chances of succeeding, no matter how strongly you persist in an endeavor,
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
is almost nil.
Patience is a strong factor in the achievement of success. I should know. I’ve been through some really tough times. But each time I’m
Patience is a strong factor in the achievement of success. I should know. I’ve been through some really tough times. But each time I’m
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
passing through those difficult times, I realize that I’ve got to be patient; that I just have to hang in there.
It was not always easy. But I’ve come
It was not always easy. But I’ve come
.
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
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
out tops again and again. And that is precisely what I commend to you: be persistent and be patient. The result is always worth the sacrifice.
And, in
And, in
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
any case, you won’t achieve success without these two qualities. So why don’t you just master them and enjoy the rich rewards? You’ll be glad if you do
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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