Answers - Real Estate

So you've decided to sell your home. Maybe you're relocating, maybe trading up. Whatever your reasons for moving, you want to be sure you get the highest price for your current home.

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

The key is to make sure potential buyers viewing your home get the best possible first impression. That's where home staging comes in.

Home staging is about fixing up those little ae

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

Examples of combination products may in

thetic and functional flaws in your home that you've learned to live with over the years. Let's face it, you didn't have time to fix that sticking cupboard door, and it still worked f

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

ne so it wasn't a priority. But when a potential buyer opens it to see how big the cupboards are, that stick could turn them off buying your home. These little flaws can add up, makin

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

it appear as though the home wasn't well cared for and potentially lowering its value. So before putting your home on the market, have a look around with an objective eye to what cou

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

Combination pro

d use fixing. And remember, a little money spent now will make you money when your home sells. Here's some tips on what to look for:

The first thing a buyer will see is the front of

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

our home. Is the walk-way clear and the landscaping tidy? What about the paint or siding? Is it faded or peeling?. Freshly painting or washing a house is relatively inexpensive, and m

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

kes a world of difference to the appearance of your home. Keep your colors neutral so they appeal to all tastes.

Next consider doorways. Do doors stick as they open or close? Do they

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

have trouble latching? Have they been scratched by pets or damaged in any other way? Are the frames still in good shape? Consider repairing or replacing anything that doesn't look or

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

ork its best.

Inside your home, the more of the actual home that a buyer can see, the better. This means it's a good time to tidy up any cluttered surfaces. Consider putting excess f

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

rniture and decorative items into storage until after your house is sold, or even having a garage sale for items you are ready to part with. A minimally furnished and sparsely decorat

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

Following aspects would a

ed home looks cleaner and more appealing, and has less of your personal emotional feel to it. It leaves room for potential buyers to mentally fill in the blanks with their own belongi

dd to the challenges in developing combination products:

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

gs. Even outside the home, if boats, bikes and RVs block the view of your property line, a buyer may be discouraged. Consider storage for these items as well, until you can move them

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

o your new home.

Pay attention to details. Are the kitchen appliances dull? Is there faded paint or peeling wallpaper? Are counters or molding chipped? Is there caulking peeling off

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

round bathtubs or sinks, or mildew stains on tiles or back splashes? Are toys laying around or is the cat litter box in plain view? Is there garbage or recycling overflowing anywhere?

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

Are there any plumbing or wiring problems? Now is the time to get these things cleaned up or fixed. If there are any safety hazards, make these your top priority, but never underestim

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

Professional from academic institutions, pharmaceutical industries, health care indust

te the power of good aesthetics to sell your home.

Finally, make sure the furniture, carpets, bedspreads and window dressings that you have decided to keep on display are clean. Cons

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

der having them cleaned professionally. Hang clean towels in your clean bathroom. All of this will not only improve the appearance, but also the odor of your home.

You may be feeling

.

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

like all these little repairs will get expensive. Hopefully many of them can be done by you, but keep in mind that a well-done job is worth it in the long run. It can not be stressed

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

Companies that provide selfless information through particip

nough how a little financial investment at this stage in the selling process will earn you money in the end. So don't hesitate, fix what needs fixing. Your future profits depend on 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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