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Answers - Residential Property Market Continues To Drive Growth
The Malaysian residential property market continues to boom and drive growth for t 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 he rest of the property market. Signs of this can be seen among the many residenti ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in l development projects that are currently being launched, refurbished, or develop lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. d. Part of the reason for this ongoing growth is the Malaysian government's effor here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe s to promote the development of low and medium cost housing under the 9th Malaysia d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro plan (Thrust 4, Chapter 21), which requires the development of an estimated 700,00 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 new units of housing in order to accommodate the country's burgeoning needs. Bol 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 tered by the government's initiatives in this direction, the future of the residen nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically ial property market looks set to improve; especially with the government's promise 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 to review existing housing and development policies. One notable example of this ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi s the Prime Minister's highly debated 'build-and-sell' approach to property devel ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a pment; a proposal that aims to reduce the risk to buyers of purchasing incomplete dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod r abandoned housing schemes. In light of this growing optimism in the property ma cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin ket, even home buyers from outside the country are getting on the property buying tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen andwagon under such programs as 'Malaysia: My Second Home'; a scheme that allows f 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 reigners to purchase higher-end properties in Malaysia without having to receive p ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust ior approval from the Foreign Investment Committee. In addition to this, we have n y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products ticed that expatriate living in Malaysia is moving from rental properties to purcha . 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 ing properties. Expatriate owners are willing to invest in properties in Malaysia a elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip they are confident in the property value (and future property market) in Malasysia 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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