Advice You - Business

Most people know that a Sunny Saturday is the best day of the week to have a car wash fun

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

draiser. But what if you cannot have a car wash fundraiser on a Saturday? What if the bus

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

Examples of combination products may in

iness location you have available is too busy on Fridays and Saturdays, but it can be use

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

d on Sunday? What if this location is a very busy location? Could a car wash be done on a

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

Sunday instead asks a group of Professional Models raising money for a cause?

Well, pers

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

Combination pro

onally I have done many car wash fundraisers on Sundays and it can work although not as w

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

ell. Why you ask? It is because most carwashes are busy on Fridays and Saturdays and a lo

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

t of people wash their own cars for the weekend. Therefore, so many people who actually D

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

wash their cars (I mean just look as some of those dirt bombs out there would you?) alre

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

ady have them cleaned and this eliminates some of your potential traffic of course.

Now

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

then, seeing as the place is hopping on Fri and Sat days and nights this can help you ale

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

Following aspects would a

rt people to come on Sunday to the car wash too by handing them flyers and letting the bu

dd to the challenges in developing combination products:

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

iness also help with pre-car wash publicity. I discuss this as well in my free book on th

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

is How to Run a Successful Car Wash Fundraiser:

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

raisers/LAschools.html" target="_blank">http://www.carwashguys.com/fundraisers/LAschools.

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

html

Also it might be wise to think selling pre-sale tickets, as this could be a gre

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

Professional from academic institutions, pharmaceutical industries, health care indust

t idea actually, due to the fact that a few models may be selling the tickets and they ca

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

n offer tickets at the company. You know when we did Cheerleader Car Washes they always d

.

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

id well and maybe that can make up for the Sunday wash instead of the busiest Saturdays a

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

Companies that provide selfless information through particip

lthough Sat from 10 am to 2 pm really would be the best. Please 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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Advice You - Car Wash Fundraisers on Sunday instead of Saturday; Does It Make Sense?

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