Answers - Real Estate

Something that most home buyers will run up against at some point in their home search is the staged home. It's n

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

ot too hard to pick them out of a crowd. They look like show homes, there are no personal pictures, everything is

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

Examples of combination products may in

sparkling clean, and sometimes even the furniture looks brand new. There is a reason for this; the home has been

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

professionally staged. Staging has become a common tool in the arsenal of home sellers and there has been no sho

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

rtage of home staging businesses that have cropped up in almost every city where homes are sold. This is not to s

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

Combination pro

ay that staging is a bad thing, it isn't. But don't allow the glam and glitter of a staged home distract you from

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

what you are really buying, the home underneath.

Home staging is designed to maximize the strong points of a ho

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

me and minimize the negatives. By bringing in new furniture, window treatments, and artwork stagers can essential

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

ly make a home look like a show home in short order. This helps the home to show better. What you must remember 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

s a buyer is that you aren't getting the furniture, or the art, what you are getting is the home that it's in. It

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

really does not matter how good the home looks with the current furniture and art in it, the question is how wil

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

Following aspects would a

l your stuff look in it? Try to look beyond the things that are laid out before you to see if they are covering u

dd to the challenges in developing combination products:

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

p any flaws. Check behind paintings and wall hangings, look under couches and inside closets for little clues as

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

to how the home is lived in when it's not being shown. That will be the true indication of the home's un staged q

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

uality.

Staging is really an illusion, albeit a handy one. It makes homes look good, and good looking homes do s

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

how better. But it can be easy to let the image presented be the only one you think of when remembering the home.

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

Professional from academic institutions, pharmaceutical industries, health care indust

As you walk through a staged home try to first imagine it without any furnishings at all. Next, mentally place y

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

our belongings in the home. Take measurements of the rooms if you need to. Don't forget that sellers will natural

.

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

ly try to conceal and small imperfections in their home so make sure that when looking at homes you don't place t

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

Companies that provide selfless information through particip

oo much importance on how the home is staged. what's more important is how will the home suit you and your needs.

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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