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  • Answers - A Structured Approach to Buying a Home – Part 4 – Viewings

    You have taken two major steps now in the enterprise of buying a home. You are now quite clear about what you are looking for in your ho
    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
    me and you have a clearer picture of your financial position. You know how much loan or mortgage you can raise. Now is the time for you
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    to start hunting for a house that fits your bill.

    There are many directions in which you can carry out your search. You can check on pr
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    perties available online, go through the properties advertised in newspapers, can visit property agents and check what they can offer. Y
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    ou may find many properties advertised by small notices in shop windows in the neighborhood or “for sale” boards put up outside houses i
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    the neighborhood.

    You are already clear about the general area in which you want to look for a house; this will help in narrowing down
    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
    your search to a manageable level. Many of the online sites will have pictures, or in some cases, walk-through clips so that you can ge
    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
    a fairly good idea of what is available without stepping out of your place. From the information gleaned from online search as well as
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    the offline searches, prepare a list of properties that seem to deserve personal visits. Prepare a checklist of the various features you
    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
    would be looking for during your personal visits.

    During your visits for viewing property, carry a notebook to take notes. Digital came
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    ras are a great help in recording your observation which otherwise would be difficult to put down on paper; carry one with you and take
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    pictures. When in a short span of time you are likely to be visiting many properties, it will be difficult to recollect the details of e
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    ch property at a later date and you are likely to get confused – or worse, make wrong decision. This notebook and pictures taken by you
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    will avoid such a mistake. After every visit, put down your comments on the pictures you have taken; make it a habit of rating the prop
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    rty visited on a scale of 1 to 10 while the visit is still fresh in your mind. Also enter your comments about the property against the 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
    hecklist of desired features that you have made.

    After short listing, revisit the short listed properties if necessary. Avoid making an
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    impulsive decision.

    After these visits for viewing property and after discussions with the estate agents, you would have zeroed in on t
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    wo, or may be three, properties that seem to satisfy your needs, that seem to be within your budget.

    Caution! You are guided only by wh
    .

    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
    t you see or what has been told to you. Looks can be deceptive and an agent’s glib talk can be even worse. You ought to know the real “h
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    ealth” of the house you intend to buy and so now it is time for inspections or surveys to play their part. We shall deal with them next.


    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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