Advice You - Business

When setting up a car wash fundraiser is very important to keep the work

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

flow moving. If you have sold a lot of presale tickets or if your car w

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

Examples of combination products may in

sh fundraiser is on a busy corner in the city then you will no doubt hav

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

many cars lined up waiting to be washed.

If the line gets too long bee

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

people will simply not get in line and you will lose that business fore

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

Combination pro

er. However if the line is constantly moving people will get in line and

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

you wash more vehicles, and thus make more money.

For car wash fundrai

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

er lay out strategies it makes sense to set up cones so you can have two

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

lanes of cars to wash at the same time. The cones should be equally spa

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

ed out with two parallel lines.

Hopefully the lines will not get any lo

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

ger than five cars in each. After this waiting area there should be a sp

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

Following aspects would a

ace. The cars will move up to the wash area where they will be wet down

dd to the challenges in developing combination products:

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

soaped and rinsed, then the car should move forward to the drying area.

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

It is paramount that the lines do not go out into the street otherwise

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

his will cause a traffic jam and attract the attention of a local police

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

officer or code enforcement if one happens to be working on a Saturday.

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

Professional from academic institutions, pharmaceutical industries, health care indust

Generally they will come by and warn you about the long lines in the st

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

eet and tell you if this persists they will have to shut down your car w

.

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

sh fundraiser. Please consider all this in advance of your car wash fun

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

Companies that provide selfless information through particip

raiser because the layout and the workflow strategies are very important

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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