Answers - Real Estate

Whether you are purchasing a home or selling a home, the value of the property will be of great interest to you. The

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

value of any given property depended on quite a few different things. It would be nice if the value was based on the

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

Examples of combination products may in

roperty alone, but this is not the case, factors that are out of your control also play a big role in determining the

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

bottom line value of a home.

The Neighborhood - The neighborhood that the home is in is one of the major factors in

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

etermining value. This is partly due to the fact that homes bought & sold in the neighborhood will be used to compare

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

Combination pro

when the original asking price for the home is determined. Also, the quality of the neighborhood itself plays a big r

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

le. An area where the yards are well kept, the streets are clean, and the homes are well maintained will have higher

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

aseline real estate values than an area that is run down and dirty.

Schools - Whether or not you have children, scho

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

ls have a definite impact on home values in their areas. People with children are always looking for homes in a good

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 zone. Plus school zones are usually more established areas and as such have a higher value.

Shopping & Recreat

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

on - Area that have close access to shopping centers (not too close mind you) tend to have a higher value as people d

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

Following aspects would a

o not want to have a long trip to pick up the necessities of daily life. Also being close to sites of recreation is h

dd to the challenges in developing combination products:

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

ndy, especially if you have kids who are into sports.

Crime Rate - The number of crimes in the area will have a huge

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

impact on home prices as people will tend to shy away from purchasing in a high-crime area. Buyers will also likely t

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

ke notice of what kind of crimes are most often committed in an area before moving in. It would seem the home buyers

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

re concerned about home-based crimes, naturally.

City Planning - Also known as zoning. This is what will determine t

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

Professional from academic institutions, pharmaceutical industries, health care indust

e future of the neighborhood and area in general. Are they planning on dropping a huge big box store in your backyard

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

This will no doubt have a huge effect on the value of a property and the neighborhood.

Selecting your area is one o

.

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

the most important choices in home buying and is extremely important in the sales game. It is harder to sell homes i

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

Companies that provide selfless information through particip

less developed areas and areas that are run-down. So plan ahead for your purchase or sale and get the most out of it

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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