Answers - Real Estate

There are serveral things you need to think about and check on before you buy a house. Even looking at so many houses can be confusing. Below is a list o

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

f the top ten things to help you before you buy.

1. Pre-qualify for a mortgage. Now you know how much house you can afford before you start look

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

Examples of combination products may in

ng. This will narrow your search and keep you “real” and not disappointed on houses you can’t afford.

2. Find a good neighborhood. Know the scho

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 district and is it a good one if you have kids attending. Is shopping convenient? Is the area growing and can you look forward to appreciation on your

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

ouse? What’s the area like? Are you next to vacant land that could be a freeway or a new mall in your backyard?

3. Log. Log your visits to pote

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

Combination pro

tial houses. Sounds silly, but after you look at several, it can get confusing later on. Write down advantages and disadvantages of each house. Even dra

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

w a simple layout sketch to refresh your memory.

4. Money. How much more is your house going to cost than just your house payment? Taxes and Insurance.

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

And if you are new home buyer and don’t have a huge down payment (20%) then add in mortgage insurance. Required by the government. Check with your mortga

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

e company. They can give you the rate. Realtors sometimes forget to tell you these added costs. This will be your real payment. You also have to look at

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

utilities. And certainly it would be hard to move into a house without repainting or wallpapering or something.

5. Shop till you drop. Don’t s

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

op at the 3rd house and say that’s it and pick one. You should look at a bunch of homes to get a good comparison. And you’ll remember number 3 above. Yo

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

Following aspects would a

u should look at 15 homes at least as an average guideline.

6. Inspect. Found the house you want? Ready to make an offer? Not yet. Hire a prof

dd to the challenges in developing combination products:

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

ssional inspection service. Once they make their inspection, you are better armed with any potential problems and can adjust your price accordingly.

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

> 7. Let the negotiations begin! Now you are armed with your inspection information, you are ready to negotiate carefully. Put it ALL in writing. No ex

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

eptions.

8. Moving. Allow extra time to move. Something always happens. Make sure you have plenty of overlap and plenty of time to get out of y

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

ur old house. One word. Rain.

9. A word on insurance. Shop around. Consider a high deductible. $250 deductible seems a little low these days.

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

Professional from academic institutions, pharmaceutical industries, health care indust

And you pay for it. Also, consider your car insurance while shopping. Most offer discounts when they get all of your business.

10. Real Esta

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

e Agents. Yes, you can find a house on your own, but agents are helpful to assess your needs and show you houses that may match what you are looking for.

.

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

They also get on your side for the negotiating. Get a referral from a friend or family.

Buying a house is a big deal. No need to rush. They m

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

Companies that provide selfless information through particip

ke them everyday. Shopping for financing can be as big a step as actually finding the house. Don’t give up. It’s work. Then you have to move everything

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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The product is about teaching your parrot how to talk. Now THAT is a niche! http://www.yourparrotwilltalk.com There are a few niche information products targeting pet owners. Creating a product for p...

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Refinancing auto loans is very much the same as refinancing house loans. Simply put, it involves trading an old car loan that has less favorable characteristics with a new one at better terms and conditions. This proves to be a good decision when the action can reduce the interest rate without having to stretch the terms of the loan beyond the current schedule. The key idea that should be remembered here is that a good auto loan refinancing is one that yields lower interest costs.

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