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Main Subject - World Bank Staff Volunteering
Staff Volunteering: Bank staff provided more than 10,000 hours of community service to charities in the Washington metropolitan area in FY06. The Dollars for Doers Program complements the Bank’s local grantma 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 king efforts by encouraging Bank staff to volunteer and serve on the boards of directors of local nonprofits. Bank staff are allowed to take time to volunteer in the community, and their efforts are complemen ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in ted by $500 grants to nonprofits through Dollars for Doers. The Program works closely with Bank departments to organize community service projects and integrate team-building activities with these projects, s lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. ch as Rebuilding Together’s National Rebuilding Day on the last Saturday of April. In-kind Donations: The Community Outreach Program recycles office furniture, office supplies, and computer equipment by dona here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe ting these items to charity. The total value of donated goods and services in FY06 was more than $100,000. Thus far in FY07, the Program has donated more than 100 pieces of furniture and an extensive amount o d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro office supplies to charities in the Washington area and overseas. East of the River Initiative : In 2006, the Community Outreach Program launched a new three-year, $750,000 capacity building program known a 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 s the East of the River Initiative. Working in partnership with the Nonprofit Roundtable of Greater Washington, the Urban Institute and Fair Chance, the Initiative aims at building the capacity of nonprofit o 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 ganizations working in the education and youth sectors east of the Anacostia River in Wards 6, 7 and 8 in Washington. Specifically, it will help these nonprofits to better identify, measure and communicate th nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically e effectiveness of their work in the community. Student Internships: The High School Internship Program provides local high school students from low-income communities with the opportunity to learn job skill 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 . During the summer of 2006, 21 students from several Washington public schools worked as interns in units throughout the Bank. The interns are paid a salary and are also provided paid training one day a week ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi . The program has also included homeless students for whom this experience has often proven to be an important self-affirming opportunity. The Program was recently expanded to include yearlong internships for ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a several students. Annual Giving Campaign: The World Bank Community Connections Fund is an independent nonprofit organization set up by the Bank to encourage staff to make charitable donations via payroll de dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod uctions, which will in turn leverage Bank corporate matching funds. It supports an annual giving campaign benefiting 214 locally based charities such as Bethany House, DC Central Kitchen, Habitat for Humanity cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin Washington DC, Doctors without Borders USA, Latin American Youth Center, and Whitman-Walker Clinic. The FY07 Community Connections Campaign was an unprecedented success, with Bank staff donating over $890,00 tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen through individual contributions and special events fund-raising. The Bank provided a 50% corporate match of over $445,000, bringing the total that the Bank will give back to the community this year to over 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 $1.3 million. Disaster Relief : Bank staff spontaneously mobilize to respond to natural disasters around the world, primarily by setting up donation tables in Bank lobbies and cafeterias. During 2006, for ex ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust mple, funds were raised for victims of the floods in Ethiopia. Funds raised through these donation drives are provided to international nongovernmental organizations directly involved in disaster relief opera y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products tions, such as the American Red Cross. These funds are managed through the World Bank Community Connections Fund. Highlights In FY06, Community Outreach grants totaled $960,000. Bank staff typically donate . 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 more than 10,000 hours of community service per year.
The Community Connections Campaign raised over $1.3 million in FY07.
The total value of donated goods and services in FY06 was more than $100,000.
The elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip Bank, together with local partners, has launched a three-year, $750,000 East of the River Initiative focused on capacity building for nonprofits working in the education and youth sectors in Wards 6, 7, and 8 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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