Answers - Real Estate

When managing residential properties one bad tenant can often undo the good work that one hundred excel

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

lent ones may have achieved. A bad tenant is a bad tenant regardless of whether they are in the West Ri

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

Examples of combination products may in

ing, Western Australia, Westchester, Wanganui or the Western Isles.

And those bad tenants come in six

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

fishy flavours, and any professional letting agent will soon recognise them. They are:

· The Piranha.

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

he rowdy snapper who upsets the neighbours
· The disappearing Dogfish who ups and does a runner

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

Combination pro

· The Sprat, who can’t or won’t pay the rent
· The destroyer Shark who damages or wrecks the pla

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

ce
· The moaning Marlin who will find fault with everything
· And lastly good old Barnacle Bi

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

l, who downs anchors and refuses to move

Any letting agent who tells you they have never housed a bad

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

tenant has their pants on fire. All letting agents experience bad tenants from time to time, the test o

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

their expertise is in how they deal with them. Amateur and new letting agents can often be bamboozled

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

y dealing with the six difficult fishes. Worse than that, they can often overstep the mark in trying to

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

Following aspects would a

solve the problem.

Occasionally landlords and property owners will try and bully the letting agent in

dd to the challenges in developing combination products:

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

o taking inappropriate or even illegal action in an effort to bring the matter to a successful conclusi

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

on. Agents should always resist this. Flirting with and overstepping the legal line when dealing with b

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

d tenants is fraught with danger, as it will be the Agent and not the landlord, who will always be held

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

to account.

Property Agents run the risk of changing from operating within the law, with the full weig

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

Professional from academic institutions, pharmaceutical industries, health care indust

ht of the law behind them, to being outside the law, and at real risk of prosecution themselves. It’s a

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

risk never worth taking.

There are ways and means of dealing with all the six fishes, legal ways and m

.

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

eans, and anyone letting residential property should always bear that in mind. Stay within the law, and

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

Companies that provide selfless information through particip

you will experience far less sleepless nights.

Copyright David Carter 2005. Reproduced with permission

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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