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Home trends are the-David who turns into Goliath-of the construction industry. More than whimsical “fads”, trends can and do take entire mar

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

kets for a tailspin. Taking a look into the not-so-distant past we can see homes built without air-conditioning, homes with one bathroom, sin

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

Examples of combination products may in

gle car garage, no microwave, and little to no insulation.

Speak to a prospective home-owner today and not only are these things “must haves”

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

but you best include amenities like a dishwasher, garbage disposal, two car garage with remote opening doors, first floor master-bedroom (wit

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

a walk-in closet), an entertaining space such as a deck or patio, and please ensure that the laundry room is on the main floor.

These home t

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

Combination pro

rends have crept into the building industry and have changed the shape of the modern home. According to the Home Builders Association, “The f

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

eatures that average home buyers want today used to be considered optional and were standard only in upscale luxury homes”. The average perso

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

n decades ago has likewise up-scaled their own lives and is thus looking for these “luxuries” today.

These people are the “Baby Boomers” and

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

hey will drive the industry trends for the next 10 years. In 2003 there were 3.5 million baby boomers who turned 55. In 2010 there will be a

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

total of 30.5 million baby boomers who are 55 or older. What does this mean? That the size of the home will get smaller, as retirees opt fo

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

r less maintenance, and the quality of the homes will increase as they ask for more amenities and luxuries.

Couple this with trends towards g

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

Following aspects would a

reener and healthier homes and you have a market about ready to explode. Builders can study these trends now and prepare and profit from the

dd to the challenges in developing combination products:

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

rends ahead of time. This is the career launching pad for the future builder, the “innovative builder”, who is looking for a niche, a competi

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

tive edge and increased profits.

The builder of the future will have addressed future trends in his homes, now; plotting along trends lines,

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

nailing down profits all along. Trends are simply an inquiry into the buying customer’s mind. This information is readily available to the i

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

nquisitive and news-attentive builder.

Homes tomorrow will be more client-centered, or trend-ready. These homes will address concerns of tod

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

Professional from academic institutions, pharmaceutical industries, health care indust

y: flu epidemics, water pollution, environmental pollution, energy conservation, and energy harnessing via solar passiveness and collection, a

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

nd aging populations who need medical responsiveness, all of which will be addressed by the home builder of the future–or now.

When a builder

.

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

can accurately foresee trends and position the business to capitalize on them by forming venture partnerships with those providing solutions,

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

Companies that provide selfless information through particip

then there is synergy. There is innovation. There are problems solved. There are customers served and there is money, waiting on the table

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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