Answers - Real Estate

If you are looking for a new home or are interested in selling your home then you will more than likely work

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

with a realtor. But, before you do there are several questions you will want to ask up front. Knowing the a

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

Examples of combination products may in

nswers to these questions will help you decide which realtor is best for you and the one that will best repr

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

esent your interests.

Homes Sold, Average Price
The first question you should ask your realtor is how

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

many homes he/she has sold and for what average price. The answer to this question can help you see how expe

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

Combination pro

rienced the realtor is and how likely he/she will be to sell your home for the price you are looking for. Th

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

e same goes for when you are looking to buy a home. The average sale price will help you see what kind of a

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

deal that particular realtor can get you.

Years as Licensed Agent
Another important question to ask 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 realtor is how many years he/she has been a licensed real estate agent. Find out total experience even if

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

part of it was spent selling Utah real estate including different years spent selling American Fork real est

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

te or Alpine real estate. Learning about the real estate agents total years as a licensed agent is important

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

Following aspects would a

as far as experience is concerned.

Current Buyers and Sellers
You will also want to ask the real esta

dd to the challenges in developing combination products:

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

te agent how many other buyers and sellers they are currently working with. You want plenty of attention and

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

all of your needs met and if your agent has lots of other clients you may not get that. So, find out up fro

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

nt how many clients are being handled by the agent. That way you can have a better idea what kind of treatme

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

nt you will get.

Assistance
Ask the agent how they can help you find the home of your dreams and then

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

Professional from academic institutions, pharmaceutical industries, health care indust

help you afford that home. Real estate agents are trained to help you buy/sell a home so find out what kind

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

of help they can offer.

Commission
Finally, make sure you are aware of the commission structure up fro

.

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

nt before you sign up with a particular realtor. The last thing you want to do is get in over your head and

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

Companies that provide selfless information through particip

pay more than you want.

These are just a few questions you will want to ask your real estate agent up front

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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