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The new craze in Las Vegas is high-rise condos and condo-hotels. It

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

began in 1999, when Turnberry Estates built three tower condos that

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

Examples of combination products may in

old immediately. Then, in 2004, when Las Vegas became the hottest re

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

l estate market around because of the prices, the high-rise condo ma

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

rket took off.

The reason was because so many people around the wor

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

Combination pro

d bought up real estate and land, builders had to buy what ever land

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

they could buy - usually enough to go up instead of out. This year 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

lone, there are over 80 high-rise condominium developments planned o

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

already being built.

There are conventional condo developments and

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

there are condo-hotels. When you buy a conventional condo, you own i

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

. The condo-hotel is a unit that is purchased by one owner who can u

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

Following aspects would a

se it any time. The owner can also rent it by the night when it is v

dd to the challenges in developing combination products:

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

cant. An owner can make decent money doing this as the occupancy rat

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

exceeds 97% most of the time.

Condo sales in Las Vegas are booming

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

because they are so much cheaper than real estate prices in other p

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

rts of the country. Starting prices of a condo in Las Vegas in betwe

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

Professional from academic institutions, pharmaceutical industries, health care indust

n $275,000 and $300,000. Compare that to the New York City market, a

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

nd you have yourself a great deal! Another consideration is the fact

.

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

that Nevada has no state income tax. That's why many wealthy America

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

Companies that provide selfless information through particip

s are buying in Las Vegas, because their investment dollars are safe

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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