Answers - Real Estate

As a landlord myself, and owner of a lettings agency, I constantly get asked

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

whether to furnish the property or not.

There are a few advantages in not in

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

Examples of combination products may in

stalling furniture, price, time and damages are three of them.

However, it d

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

epends on where your property is,and if there are any damages, then that's wh

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

at the bond is for !

These days, many towns and cities now have a very trans

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

Combination pro

ent population, which means that people come and go every 6 or 12 months. 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

ten these tenants have a "weekend" family and go to the property during their

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

working week.

As more and more tenants become transient, its the unfurnishe

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

d properties that miss out as the ones with furniture get taken up first.

So

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

it makes sense for many reasons to furnish your property, but the main three

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

are :

Tax Break - you can claim 10% depreciation against the rental income f

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

Following aspects would a

or fair wear and tear

Reduce Void Periods - Furnished properties tend to ren

dd to the challenges in developing combination products:

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

t quicker than unfurnished ones, mainly due to the transient nature of tenant

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

s

Increase in Rental amount - You can usually increase the rent a little eac

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

h month due to the property being furnished.

The best thing for your tenant

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 to make the property as attractive as possible, and there is only one way t

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

Professional from academic institutions, pharmaceutical industries, health care indust

o do that, and that is through the use of furniture.

Sure, you can bring the

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

price down, but if another 20 landlords are all doing the same, then everyon

.

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

e loses out.

You need to differentiate your property as much as possible, an

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

Companies that provide selfless information through particip

d this is only possible by making the property look nicer than everyone elses

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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