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Digg It - Fundraiser Car Washes; Picking Locations
Many non-profit groups, especially those with lots of labor 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 and high-energy available have found much success in their f ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in ndraiser events by holding car washes. On any given weekend lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. n the United States we see these car wash fundraiser events here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe round town, well as long as the weather is good that is. Car d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro Wash fundraisers can build teamwork and teach kids groups t 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 at money does not grow on trees and that is wise lesson inde 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 d. Now that you have decided to hold a car wash you need to nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically pick a good location. But what is the difference between a g 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 ood location and a not so good location? Well, a good locati ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi n is one with lots of space to move the cars and on a very b ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a sy street with great visibility. A bad location would be a v dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod ry tight parking lot where cars cannot line up or have to ba cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin ck up after each wash is completed. If you are going to hav tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen a successful car wash fundraiser you will need to be sure t 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 have a location where you can have two lines of five cars e ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust ch all day waiting for the wash. You need to have space to w y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products ash and soap and then the cars dry up to rinse. Then you nee . 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 a drying area up a little further so you do not back up you elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip production lines. I hope you will consider all this in 2006 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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