Answers - Real Estate

I found a nice little house for sale last week in a neighbouring town while I was driving home. I always keep and eye out for real e

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

state investing opportunities. An old lady was in the front yard cleaning up some weeds. The property had two agents’ boards out the

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

Examples of combination products may in

front. I had noticed this place about six weeks earlier with a ‘for private sale by owner” board out the front only. The owner was

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

rying to sell the place privately. Now it had two agents’ boards in the front yard.

When the private sale board was up I had enquir

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

ed what the asking price was. It turned out the owners wanted $178000 for the home. I did some calculations at the time, but the fig

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

Combination pro

res did not add up to my requirements. So I did not pursue it any further.

When I noticed the two agents’ signs this time and I saw

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

the elderly lady in the front yard I thought I may as well make some new enquiries. The owner told me that there had been little en

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

uiry for her property. No real estate investors had shown any interest even any real serious live in home buyers. Enid asked me if I

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

wanted to look through the house. I had time and said if it was okay with her that would be great.

As I walked into the back yard

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

noticed how big it was. There was a gas line easement at the back and a large park out the front. The house is on the same road as

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

the primary and secondary schools as well. Down the street past the schools about 400 meters is a new housing development that is ad

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

Following aspects would a

ding massive value to the area for real estate growth and capital gains.

The block of land the house is on, is long enough to build

dd to the challenges in developing combination products:

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

two adjacent town houses. They would blend into the area very well. Especially with the parkland out front and no one able to build

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

behind. I immediately began to think about the zoning of the block. If it was R1 or R2 zoned. I will enquire at the local council. I

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

the zoning turns out to be R2 then I would be able to build a pair of three bedroom duplexes. It is only a short walk to the town c

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

entre as well. Another plus in this investment property’s favour.

I found this potentially great deal by always watching what is go

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

Professional from academic institutions, pharmaceutical industries, health care indust

ng on in my targeted areas. This is something that is important to any real estate investor. The other important aspect is to recogn

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

ize the hidden potential that some properties have. Also you need to be able to capitalize on these opportunities. This all takes ti

.

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 to learn and to put into practice. But it is certainly worth the effort to ensure you move along with your wealth creation and ret

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

Companies that provide selfless information through particip

irement nest egg.

To your investing success

Leo Love

PS If any of your family or friends is interested please pass this on to the

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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If you are reading this I assume you already know the basics of adsense. Many people are already making thousands of dollars per year using adsense but others who have the same opportunity are not. The problem lies in the layout of many sites. I often stumble upon a website that has the content or product I need but is inundated with ads which blind the user and make them leave quickly. One should never scare a user away with ads, using more then three ads per page.

Well, most of us are through with our taxes for this year. And now is the perfect time to say what we will do differently next year.

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