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Have you been given the job of organising a fundraising event and are stuck for ideas? Here’s seven great and simple<

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

/I> ideas that you can organise to raise funds for your chosen group.

Cookie Dough fundraisers

This is an ideal

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

Examples of combination products may in

undraiser for all times of the year. Just take orders and sell tubs of delicious cookie dough to your group. Profit mar

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

ins 30-50%.

Fundraising Cookbooks

Often described as a recipe for fundraising success (groan!) – creating a pers

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

nalized cookbook is ideal for groups such as churches, schools, charities and hospitals. New publishing techniques make

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

Combination pro

t easy to profit from selling just a few or even hundreds of cookbooks. Profit per book from $3-$10.

Pizza Fundraise

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

cards

People will be happy to pay for these cards which entitle them to free pizzas. If your group is spread out g

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

ographically, this may be ideal. Ideal for small groups due to small minimum order requirements. Profit margins 70-90%.

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

Scratch card fundraising

Easy to order and can be printed to link to your group e.g. basketball, baseball, high

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

chool, etc. Each person in your group begins fundraising with 1 scratch card. They simply approach friends, family, and

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

eighbors and ask them to scratch too! Profit ranges from 90% upwards.

Fundraiser candles

Everyone loves candles

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

Following aspects would a

and especially scented candles! Simply take orders from friends and families – these items are especially good for Chri

dd to the challenges in developing combination products:

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

tmas fundraising. Profit margin 50%

Candy fundraising

Ideal for easter or summer fundraising events – sales of

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

andy can be profitable. You can sell the chocolate at school, pep rallies, sports events, businesses or just person to

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

erson. Profit margin 50-60%.

Fundraising brochures

Brochure fundraising allows you to raise money by offering p

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

oducts from color brochures to family, friends, neighbors and business associates. Ideal for Christmas fundraising. Pro

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

Professional from academic institutions, pharmaceutical industries, health care indust

it margins 40-55%.

These fundraiser ideas are great, for:

high school fundraising

college fundraisi

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

g
cheerleading fund raising

fundraising for youth groups

sports group fundraising

.

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
l>

Set yourself a target, establish a plan of action, involve parents, teachers and students and go for it!

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

Companies that provide selfless information through particip
easy fundraising ideas, visit Simple Fundraising Ideas

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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