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Advice You - Fundraiser Planning Guide
All fundraisers need to have a firm plan set in place before the fundraising begins. By following this fundr
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
aiser planning guide your fundraiser will have a higher successes rate.
First thing to set is the dates for
First thing to set is the dates for
; 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
your fundraiser. Your fundraiser must have a beginning, middle and an end. If you find that your fundraiser
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
has not made the money you were hoping for do not extend the end date. Your donor pool needs to know when t
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
he end is and what to expect.
Second is to plan your ending. If you are to hold an event to culminate the e
Second is to plan your ending. If you are to hold an event to culminate the e
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
nd of your fundraiser plan in advance. You want to ensure that no other organization is holding an event on
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
the same day.
Third is to keep your budget in mind. You must have a clear cut budget in mind for your fundr
Third is to keep your budget in mind. You must have a clear cut budget in mind for your fundr
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
aiser. You can hold successful fundraisers with a limited budget you simply must plan for this and stick to
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
your budget.
Forth is to set up a fundraising committee. You must have people that are in charge of organiz
Forth is to set up a fundraising committee. You must have people that are in charge of organiz
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
ing, running and managing your fundraiser. Committees work best when they are limited to 4 to 8 people.
Fif
Fif
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
th is to create a timeline. By setting up a timeline you will be ensured that your fundraiser will run smoot
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
hly and on time.
Sixth check on a regular basis that all is running smoothly. You want your volunteers to s
Sixth check on a regular basis that all is running smoothly. You want your volunteers to s
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
tay on task and to get there assigned task accomplished in a timely manner.
Seventh be prepared to offer hel
Seventh be prepared to offer hel
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
p to your volunteers. This can be a tricky task if your volunteer is not performing properly. You do not wa
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
nt to offend a volunteer but you do need to make sure that your fundraising work is getting done.
Eighth is
Eighth is
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
to advertise your fundraiser. Let the community know that you are planning a fundraiser. Give them all the
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
details they need such as date, time and duration.
Ninth after your fundraiser is over conduct an evaluatio
Ninth after your fundraiser is over conduct an evaluatio
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
n of the fundraiser. You will want to know if it worked, did it raise money and how did your volunteers feel
.
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
about the fundraiser?
Now is the time to start thinking about your next fundraiser. While all these tips ar
Now is the time to start thinking about your next fundraiser. While all these tips ar
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
e fresh in your mind start looking into your next event and remember to always have fun with your fundraiser.
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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