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Youth Groups are almost always in need of funds. Holding fundraisers to finance important trips like tournaments, museums, and musical events are just some of the needs that have

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

to be met through fundraising. Others include the need for uniforms, sports equipment, art supplies, musical instruments, and more.

There are a lot of different ways your youth

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

Examples of combination products may in

group can raise the funds they need. In this article, I will explore some of those with you and try to help you avoid some of the pitfalls. I will let you benefit from my experi

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

ence and I will help you avoid some of my mistakes.

Let’s start right off with candy. I have tried to use candy as a fundraising tool on more than one occasion for more than one

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

youth group.

Pros and Cons of using candy as a youth group fundraiser.

Pros: Candy is cheap and can be sold for a great profit for your youth group. Everyone likes candy, so i

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

Combination pro

’s a fairly easy sale, especially if you go with name brand candy. The candy is cheap enough that most people have enough money in their pocket to purchase it.

Cons: Candy melts

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

. Trust me on this. Candy melts and when it does, your profits melt with it as you try to clean whatever it melted all over. The members of your youth group eat Candy and when th

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

e parents have to pay for all the candy YOU let their child eat, you get phone calls. Trust me on this. You get a lot of phone calls. Candy smells. Trust me on this. Wherever you

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

store the candy will smell like candy forever. Bigger children steal candy from smaller children and again parents end up paying for the candy and you get the phone calls.

Coup

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

on Books are another commonly used Youth Group Fundraiser.

Pros: Some coupon books are filled with free stuff and everyone loves free stuff! Your youth group can raise as much a

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

$10 per coupon book so they need to make less sales to reach their goals.

Cons: Everyone still has last year’s coupon book. None of the coupons have been used. They never have

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

Following aspects would a

it with them whenever they go somewhere they might have been able to use it for. I have been to a door to sell coupon books and had a guy hand me 7 unused coupon books as his don

dd to the challenges in developing combination products:

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

ation. He said if I resold those, I would be able to raise more money than if he just bought one again this year. Coupons expire. They usually have a cost of about $10 to $15 per

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

book, but of course the children in YOUR youth group will never lose any of them and their parents won’t be calling YOU, like with the candy.

Basically, every fundraiser your y

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

outh group takes on will come with responsibility and they all have their pros and cons. However, if you look for a product that has the following features, I believe you will ha

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

e a more successful fundraising opportunity for your youth group.

1. Choose products that do not melt, expire, rot, or otherwise perish.

2. Choose products that do not have a l

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

Professional from academic institutions, pharmaceutical industries, health care indust

arge cost per unit, no matter what the profit.

3. Choose products that everyone uses and will get a lot of uses from. Something they will remember being very useful will get the

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

m to continue supporting your youth group.

4. Choose products that do not require a lot of storage space.

5. Choose products that are popular like things with the donor’s favor

.

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

ite major league baseball or football team logo on them.

If you follow those simple rules, your youth group fundraiser will be easy to manage, you won’t end up stuck with a lot

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

Companies that provide selfless information through particip

of leftover product to store, your storage area won’t smell, you won’t need to clean up messes, and best of all, the parents of your youth group participants won’t be calling you

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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You've probably heard different opinions and views on this subject. If you're a medical transcriptionist you may even be concerned about voice recognition taking over your career... and you're not alone.

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