Advice You - Business

If you are considering a car wash fundraiser for your nonprof

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

it group then you know you need to get people to help to wash

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

Examples of combination products may in

the cars. This also means that you need to have lots of peo

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

ple who are willing to volunteer a sunny Saturday and work li

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

ke dogs to clean people's cars. Car wash fundraisers are not

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

Combination pro

easy and as Americans get more obese some people are unable

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

to perform at carwash fundraisers.

It helps to have carwash

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

fundraisers with nonprofit groups that have kids in them like

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

church youth groups or soccer teams. However, since carwash

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

fundraising is a very good fundraiser to have other types of

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

groups are also interested in having carwash fundraisers. B

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

Following aspects would a

ut to do so they need to remember that day also need good lab

dd to the challenges in developing combination products:

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

or to be able to handle the workload.

Often nonprofit groups

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

that are mostly adults will need to recruit some of the kids

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

of the adults to help of the carwash fundraiser. If your gro

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

up does not have enough able-bodied people to do the carwash

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

Professional from academic institutions, pharmaceutical industries, health care indust

fundraiser perhaps you might reconsider a different kind of f

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

undraiser or figure out how you are going to recruit voluntee

.

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

rs to help wash the cars on that sunny Saturday when you have

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

Companies that provide selfless information through particip

scheduled your fundraiser. 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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