Answers - Real Estate

I enjoy helping other Realtors in our profession. I believe what comes around do

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

es indeed go around.

Yesterday, was a busy day!

I had two listings appointmen

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

Examples of combination products may in

ts and two showings. I received a telephone call from an agent who called for sh

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

owing instructions earlier in the day.

We gave her the lockbox combination to o

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

ur listing and wished her the best of luck showing our property. At 1:30PM we re

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

Combination pro

ceived a call from this Realtor that the lockbox wasn't working!

OK, no problem

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

, 99% of the time, I can walk someone through the process of clearing the lockbo

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

x before opening. In the case of this Realtor, she seemed not to be able to open

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

the box. I explained to her that it would take me 30 minutes to drive over to o

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

ur listing and assist her.

It`s my belief that many times "New Agents" aren't t

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

aught much before going out with clients.

They're thrown to the wolves sort to

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

Following aspects would a

speak! Some Brokers feel that teaching agents requires they're precious time, wh

dd to the challenges in developing combination products:

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

ich, in the case of this Realtor must have transpired.

I arrived as promised, t

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

hinking the worst. The Realtor and her client were waiting, I walked up to the l

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

ockbox, showed her how to first clear the box gave her the key!

Her response wa

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

s baffling " I always think it's better to have a Realtor meet me at each proper

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

Professional from academic institutions, pharmaceutical industries, health care indust

ty".

I glare at her with total disdain, I`m speechless. Her attitude is that sh

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

e doesn't think it's her job to open doors, she wants others to do it for her!

.

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

I don't really know how long this person has been selling Real Estate, but I'm p

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

Companies that provide selfless information through particip

ositive she won't last without understanding "How to open a lockbox". What a day

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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Answers - New Generation Of Realtors Chapt 37 - I'm Sorry I Need You To Open This Lockbox

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