Answers - Real Estate

As a buyer's agent I have seen it all when it comes to home buying. Helping people to find thei

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

r dream homes has been a real education and it has helped me to identify what too look for when

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

Examples of combination products may in

buying a home. There are quite a few things to look for so only some of the major things will b

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

listed in this article. Hopefully you will find them helpful in your home search.

Find Your P

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

ice Range - This is one of the most important things to know when buying a home. How much home

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

Combination pro

an you afford? There is little point in looking at homes that are either way too expensive or 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

r below what you want to pay. Identifying your price range will automatically narrow down your

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

ome search exponentially and make it easier to formulate a game plan for looking at the availab

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

e homes.

Location - The location of your home will be another important thing to consider. How

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

close is it to work? To school for the kids if there are any? How close is it to transit if nec

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

ssary and shopping and recreation? For a home to be truly feasible it should be within reasonab

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

Following aspects would a

e distance of everything you require on a day-to-day basis.

Inspection - You should NEVER purc

dd to the challenges in developing combination products:

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

ase a home without an inspection. Even if the home is a new construction home it should be insp

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

cted prior to purchase. Be wary of sellers who try to downplay the necessity of a home inspecti

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

n, they may be hiding something. Home inspections are there to help protect the buyers so take

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

dvantage of it!

Timing - Keep a careful eye on the trends of your local real estate market. Ma

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

Professional from academic institutions, pharmaceutical industries, health care indust

be now is not the best time to buy as the market could favor the seller. Try to purchase a home

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

at the right time in the market when it is favoring the buyer.

Of course there are more detail

.

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

d things to look for when actually viewing homes but those will be dependent on your needs and

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

Companies that provide selfless information through particip

he individual homes. So good luck with the shopping and if you ever need advice, give me a call

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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