Drug Pricing : A Review in Context of Higher Health Risk

Everyone on the “buy side” wants lower cost medicines. But at what cost? As Congress and other Administration officials attempt to make medications more affordable, patient safety must not be sacrificed.

Pharmacists are willing to consider novel approaches to lower the cost of medications but are concerned the recent legislative proposals will result in patients sourcing and relying upon non-FDA approved medicines, including potential counterfeit products outside of the secure supply chain we work so hard to maintain. Consequently, patients purchasing these medications will unknowingly bear the greatest risks.

While the government and healthcare community look for comprehensive policy solutions for drug pricing, resources from website like www.BuySafeRx.pharmacy and www.safe.pharmacy are available now to help consumers stay safe and verify the legitimacy of websites before they buy medicine online. Pharmacists in all practice settings can play an important role in educating patients about their buying options, including ways to identify and coordinate cost-effective treatments that consider individualized needs as well as payer policies. Pharmacists can help optimize the impact of patients’ medications but cannot do this effectively when patients’ medications are not safe or effective.

While we share the goal of increasing patient access to safe, affordable medicine, the potential cost-saving benefits of importation policies must be sufficiently weighed to account for the considerable risks to patients. We urge Congress and the Administration to carefully consider pharmacists and pharmacists’ perspective in policy decisions that impact patient access to safe and effective medications.

Should lawmakers and other health authorities authorize importation of prescription drugs, we should expect criminals to similarly flock to that new market, placing patient safety and public health at substantial risk.

Prerequisites to be a Successful Project Manager

Venture chiefs have incredibly turned into a piece of hierarchical achievement. They are the ones who are probably going to quantify the estimations of assets always and increase the value of the group. The interest for venture the executive’s ability is developing all around similarly in all fields of data innovation, social insurance, producing, money, development or business management.

What's more, with this, the inquiry emerges: How to be a fruitful task chief?

The appropriate response isn't basic.

In a high-weight working condition, there is a need of streamlines and really remarkable venture supervisors who show the required initiative abilities. They ought to be sharp and focused on pushing their group ahead cooperative.

"Release the intensity of your groups and have a superior work plan. Attempt Proof Hub!"

In the event that we ask you, to characterize a decent undertaking supervisor, a large number of you will characterize them on various viewpoints like the ones who convey the tasks inside the due date or the individuals who meet the necessities of the customers or the individuals who have the right stuff. In any case, most likely, there is significantly more. It takes more to turn into a venture director who is respected by everybody.

In this article, we are going to put a light on the characteristics of a decent task director which can enable you to change from your present self to another future self.

Work on your relationship building abilities

How great are your relationship building abilities'? Task supervisors must be human individuals and honing your relationship building abilities will enable you to look after connections, improving correspondence and boosting self-assurance. As you are working with your group on a task, it is imperative to find out about their aptitudes and handle all the relational operations for the venture to move. To get along in the venture you need relationship building abilities and that's just the beginning. Also, what are the techniques to improve your relationship building abilities:

•           Become mindful of your feelings to specific circumstances

•           Recognize all's identity pushed

•           Do not control the group, and regard them

•           Take activities to determine the contention

•           Be mindful of social contrasts

Practice on these abilities and perceive how the outcomes get changed!

Impart like a master

Furthermore, this is the distinct advantage: Communication. Speak with certainty to have the option to clarify what are the specific assignments of a group and what they need to do. Correspondence goes connected at the hip with administration aptitudes. All the more dominant business correspondence will open the ways to more benefit, information, regard and more productivity. Continuously discover a chance to have a correspondence with your venture group as well as partners, sellers, contractual workers, and clients.

Distinguish workers qualities and shortcomings

With the mentality of being fixated in the group's qualities and shortcomings, a task can have a superior association with its group. With a point of view of a chief, recognizing the qualities and shortcoming of a group is a brilliant opportunity to open the capability of each colleague. To be a superior venture chief, realize it well who wouldn't be useful for the activity and will's identity ready to drive profitability.

Manufacture venture the executives experience

Task the board is work that requests a fluctuated range of abilities and many undertaking the executives experts are pondering whether to seek after involvement or instruction first. Both the criteria are significant for turning into a fruitful undertaking supervisor. It might be gainful to begin with sharpening your every range of abilities and afterward fusing your aptitudes into your little and enormous undertakings. After you gain the proper information and experience, proceed onward to progressively bigger activities.

Be capably consistently on track

Taking up the job of undertaking basically implies you need to consistently be capable in distinguishing, arranging and overseeing venture dangers. There are doubtlessly going to be bends and obstacles in transit of task the executives and remaining on track is basic for the group's advancement. Here are tips to ensure your venture work completes on timetable and inside spending requirements.

Emotional Intelligence Must for Intellectual Intelligence

Let us understand the term intelligence first as per the various dictionaries and psychologists aspects.

Definition of intelligence as per the various dictionaries are the following:

Ø Cambridge Advance Learner’s dictionary 2006  “ The ability to learn , understand and make judgements or have  opinions that are based on reason”

Ø All Words Dictionary 2006 “ The ability to use memory , knowledge , experience , understanding , reasoning , imagination and judgement in order to solve problems and adapt to new situations”

Ø The American Heritage Dictionary 4^th edition 2000  “The capacity to acquire and apply knowledge”

Psychologists’ definitions of Intelligence

Ø J.P Das  says “The ability to plan and structure one’s behaviour with an end in view”

Ø H. Gardener says  “ An intelligence is the ability to solve problems or to create products that are valued with one or more cultural settings”

Now we can discuss about Emotional intelligence and its importance and how it influence intellectual intelligence.

Emotional Intelligence this term is given by famous psychologist Daniel Goleman  it is also known as EQ (emotional quotient) which means empathy understand own feelings as well as others feelings too , good interpersonal skills , job-interviews, best behaviour, networking etc It is an ability which we learn after birth in society and It is a lifelong process. It is an experiential learning.

Intellectual Intelligence (IQ)  which means intelligence quotient the term is given by William Stern  IQ . It means heavily based on logic and reasoning such as science, maths. It is an ability by birth. It is related to cognitive brain process , memory , learning , academics too which we learn in school time.

Importance of EQ and how it is essential for IQ

Research says that people with  high EQ have better mental health , job performance and the way of high living life.

5 categories of EQ are the following :

1)    Self awareness

2)    Self regulation

3)    Motivation

4)    Empathy

5)    Social Skills

 We learn EQ to deal our problems , solutions to our conflict after birth as it is not by birth . As Human being is a social animal so we need EQ as a vital asset to empathize people and understand own feelings , other feelings ,  job interviews, networking , to deal with emotions and good interpersonal skills. It is a base of IQ which is by birth in a person which talks about logic, reasoning such as science, maths etc .  IQ is related to cognitive brain process which talks about memory, learning, academics, reasoning , logics , maths, business , finances etc.

Success in career and personal life which is entirely based on EQ so that’s how IQ can be considered as a dependent variable and EQ independent variable . Let’s see  few examples  of family relations, dealing with customers, time management , boss management all can be only done in the presence of EQ in a person whereas IQ is also important however it gives us performance , logics, reasoning and good academics only which can only depicts  theoretical aspect of life not practical aspect so hence practical aspect can be only functional in the presence of EQ in a person.  

Conclusion: Psychologists agree that among the ingredients for success IQ counts for roughly 10% (at best 25%) the rest depends on everything else including EQ both complement each other to succeed in life one must develop both for their better career and personal lives .

Present Indian Pharmaceutical Story and Potential Narratives to Enhance Pharmacy Graduates' Career prospects

In India, the drug landscape has changed dramatically in recent years and already has come to the point of being next to the nation's IT business in terms of overall volume and revenue. India is one of the global top six medicine producers.  Vaccines from India are shipped towards more than 150 countries. Approximately 70% of patients take Indian medicines in developing economies.There are reportedly 10,500 production sites in India and thus more than 3,000 drug companies growing at an unprecedented speed.Over 90% of products accepted for Anti-malarial, Antiretroviral & Anti-tubercular have also been approved to India globally.Because of low deployment and operating costs, total costs of manufacturing in India are only about 35-40% of the US. India is among the leading global exporters of generic formulation in terms of quantity.India's drug exports in 2013-14 stood at the US $15 billion.Indian exports are robust and include different pharmaceuticals divisions from APIs to contemporary and ancient Indian drug remedies. Indian drug production makes up approximately one point four percent in value terms of global drug manufacturing and ten percent in terms of output. India is well-positioned to be among the key drivers of healthcare delivery for everyone. Thereby reducing the rather-increasing healthcare expense of industrialized, and developing countries.

There is indeed a clamor in the country for highly skilled pharmaceutical professionals.Numerous pharmacy colleges & institutions mainly deliver pharmacy graduates to meet the pharmaceutical industry's expectations.There are indications, nevertheless, that there is still a considerable difference between the syllabus taught and industry prerequisites.It contributes to a dramatic drop in employment opportunities for Pharma graduates.

Analogously, the task of hospital pharmacists and community pharmacist has expanded and is now not just an individual providing the medication.He is also engaged in educating patients, tracking potential side effects, documenting detrimental drug outcomes as well as plays a crucial role in research into drug discovery.

And so it is imperative to redesign the syllabi for pharmacy courses at all tiers of pharmaceutical education (Diploma, Bachelor, Masters,as well as Doctoral) to train skilled professionals and to strengthen the national health care system.In every transition phase of maximizing pharmaceutical education, consultations are required with all relevant parties, including govt, academia, industrial sector, scientists, graduates, field researchers, and so forth.The review process must be time-framed to frame a workable plan on pharmacy learning.The evaluation framework concepts are:

01. Government reforms for improving the quality of education

02. A categorization of institutions including credentials

03. Incorporating knowledge and skills with curriculum

04. Technology deployment enabled training

05. Attributing pharmacy training towards healthcare and social concerns

06. Adherence to the business sector so pharmacy learning is aligned with career prospects

07. To train the instructors to achieve consistency and quality

08. Instilling professional, and ethical behavior

09. Encouraging innovation and research

10. Subsidizing Pharmacy education

11. Cultivating support structures for pupils

Six Major Advantages of Personality Development Classes

Personality of an individual refers to his physical appearance, attitude, mindset and how he/she behaves socially with others.

Importance of Personality Development

Personality development goes a long way to identify and discover the vivid part of life. It coaches us to face even the worst situations with a smile. Personality development helps in developing a positive attitude in life.

It is makes one learn how to behave well, being so polite with people around. An individual’s personal and professional life becomes more disciplined and punctual by improving on his personality traits.  Effective Communication, etiquette and manners are indispensable elements that help build a good personality.

Six major advantages of having a PersonalityDevelopment Classes are:

1.      Self Discovery : A good personality development program helps an individual to identify his strengths and weaknesses. By improving on these attributes one is able to discover about himself that was not known to him. Also as people may have identical faces and habits but It is your personality that distinguishes you from others.

2.      Personality doesn’t age : An individual may grow old and gray with the age but your personality sticks with you and doesn’t diminish with your growing age.

3.      High Level of Motivation  : Many researches and studies have already proven that people with good influential personality are highly motivated and can motivate others as well. They understand well and live with the art of breathing right.

4.      Captivating positive thoughts and actions : Personality development program helps in imbibing positivity all around you and helps as stress buster that leads to some positive actions even in adverse situations. This positive and right kind of attitude make them problem solvers as well.

5.      Center of Attraction : A good personality with great characteristics makes an individual a center of attraction. He/She is able to draw people’s attention because of his good personality traits. He/she can charm and influence people and hence becomes center of attraction.

6.      Quality of being patient and showing perseverance : To come out as winner one has to learn and acquire the art of being patient as it is the secret constituent to be a winner. Such Personality development programs help you build determination and make you learn to be firm in odd circumstances.

Other essential elements such as effective communication, emotion management, good dressing sense and body language constitute significantly to help change a personality through these Personality Development Programs.

Specializations Available for MBA Students

If you plan to do MBA or currently pursuing MBA, no. of specializations in areas like Marketing, Human Resource, Finance, International Business, Information Technology , Operations etc. are available to opt for suiting your career requirements. Here is some useful information which can act as a guiding source while opting for the specialization during an MBA course.

MARKETING

If you are inspiringly resourceful and have interest in the dynamism prevailing in the trends of this world, you are appropriate for marketing.

Marketing specialization educates the future managers by emphasizing on areas like Advertising, Consumer behavior, Promotion and sales of goods and services as well as management consulting.MBA in marketing helps you to provide you insight about how to set apart market audience and devise marketing strategy according to their preferences. It also guides you in management of an organization with solutions related to budgeting, researching and dealing with public relations.

Marketing is the specialization which can’t be neglected at any point of time as this is one specialization which brings business, revenue to the organisation and creates the competitive edge of the product and creates brand equity.

SCOPE OF MARKETING PROFESSIONALS: 

MBA marketing professionals are always in great demand. They are sure to enjoy outstanding career growth in this highly competitive world. Marketing manager, brand manager, market research analyst and product manager are some of the job profiles available for MBA marketing professionals. 

FINANCE

Graduates, especially the Commerce graduates or those who are fond of joining financial sector opt for MBA Finance.  Finance department is the nucleus of any organization and there is always a demand of finance professionals who possess sound knowledge of the markets and its financial trends, and is able to take decisions quickly.

Finance specialization provides MBA graduates with great career opportunities. The degree of MBA finance provides you with Focus towards the financial sector and provides extensive learning of subjects like Costing, Budgeting, International Finance, Corporate Finance, working Capital management, securities and investments etc.

SCOPE FOR FINANCE PROFESSIONALS: 

As an MBA Finance graduate you may join companies as Financial Analyst, Corporate controller, Chief financial officer, Company treasurer, Risk and insurance manager, Investment banker, Management consultant etc.

HUMAN RESOURCE

MBA in Human Resources unites the essentials of general MBA programs with focused training in different areas of HR like planning, recruitment, talent management, industrial relations, negotiation skills etc. The programme prepares the graduates about how to plan various strategies in HR and implementation practices by way of role plays, case studies, expert sessions etc.The specialization distinctively focuses on the skills that are required to be effective organisational managers. Students are taught the legal aspects of HR management, employee management and strategic human resource management. It also teaches the students about essential components of company operations, including compensation, benefits, salary negotiations and safety standards.

SCOPE OF MBA HR 

The candidates can start the career as HR executives, trainees in HR deptt of various companies and even consultancies. They themselves can also work as consultants to advise corporations on anticipated organisational change.

INTERNATIONAL BUSINESS

An MBA in International Business grooms budding managers for careers of increased responsibility with Focus on diversity and multicultural concerns.International relations and business strategies sensitive to international issues.  . 

In today’s world of inclusive economy, many businesses are looking to expand into an international market; therefore, careers in international business are offering great opportunities to MBA graduates. From banks to manufacturing firms to export houses, almost all industries have a need for people with a background in international business.

SCOPE OF MBA IB

A fresh postgraduate in International Business Management is usually recruited as a management trainee. One can also opt for MNC jobs. Market research firms or consulting organizations involved in international research can also be a good option. 

INFORMATION TECHNOLOGY

The basic nature of the course is to integrate the growing demand of information technology with business management.

MBA IT degree educates the future managers regarding the application and implementation of information technology in the businesses and keeps them abridged of the emerging IT trends. It also facilitates you to conceptualize and help in planning out the organizational IT infrastructure. The course also helps students understand the maintenance of network, system, along with the business knowledge.

If you are skilled with computers and want to turn this into a career in the business field, then consider an MBA in IT.

OPERATIONS MANAGEMENT

An MBA in operations describes how to tackle the challenges in logistics, supply chain design and supply chain management. As the nature of work of an MBA in Operations graduate is highly technical and technological, the student is trained in the background courses required for Operations papers.

The specialization in Operations Management offers a global perspective on industry trends and an awareness of any financial regulations or political uncertainties that could impact an organization. Indeed, risk management, understanding the industry’s inherent complexities and react effectively to change will be a strong consideration for students during their course. It also accentuates upon the importance of strategic thinking that enables the graduates to ensure their organization stays ahead of its competition. Ability to analyse and understand business process, system process and technicalities behind working of machines and equipment is also developed.

SCOPE OF MBA OPERATIONS

MBA in OperationsManagement have option to pursue career in different sub fields within operations like supply chain, consultancy, operations strategy, inventory control, manufacturing strategy, strategic planning, logistics planning, and many others. They can get roles like Supply Chain Manager, Logistics Manager, Operations Consultant, and Inventory Control Manager.

Contribution of ECE Department for Better Growth of IIMT Students Future

Electronics & Communications Engineering department established at IIMT college of engineering in 2006 had started many motivational work as 1st NATIONAL CONFERENCE. That conference gave opportunity for focus the research work done by students and faculty members during starting phase of IIMTians. That work motivates other departments also and thereafter many numbers of national and international conferences had been organised by different departments. As we know that without electronics we cannot imagine the existence of atoms and lattice structures for matters, like that without electronics any other departments cannot focus on research work and that can also be visualize by the diagram as shown in below. ECE department is only the heart of IIMTians as many research work as for example MSME projects were funded in 2015 by the hard work of this department. From ECE department, many students work at IITS, research center as CEERI Pilani and aboard also. Many other students also clear GATE exams and did M.Tech  from NITS also. Our 1st batch topper Modasser Niyaz is working at ACME Cleantech Solutions Pvt Ltd with a high package.One of our alumni Er. Pawan Mishra is the Chairman & Managing Director at S K D Associates. Many more examples are there for developing better and best future for students by studying in ECE department at IIMT COLLEGE OF ENGINEERING, Gr.Noida. As we know that mechatronics subject is also introduced in Mechanical Engineering department as a compulsory subject so that students from Mechanical side can also get knowledge about electronics. This is the fusion of electronics and mechanical branch. In addition of students betterment ECE department also focus on the growth of faculty members future as many more faculty members are doing Ph.D from reputed universities by working at IIMT.