Answers - Real Estate

You know the paramount rule of real estate – location, location, location. Buying in a good neighborhood makes sense on a lot of fron

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

ts, but how do you know if you are looking in one?

Nobody wants to buy a home in a bad neighborhood. Still, it happens a lot more fr

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

Examples of combination products may in

equently than you might think. Why? Well, it can be difficult to evaluate whether you are in a good or bad neighborhood just by drivi

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

ng through it. To avoid bad decisions, you need to research the area. Asking your real estate agent their opinion is not research. Th

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

ey are trying to get a transaction done, so keep that in mind.

The first issue to assess is the economic status of the area. Obvious

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

Combination pro

ly, you want to live in an area where people have jobs. Jobs equate to money, which means rising property values over time. So, how d

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

o you do it? Well, you can dig up statistics on jobs, unemployment and so on, but it can get confusing. A better approach is to drive

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

around the neighborhood and look at how many homes are for sale. If there are a lot, the economic situation is not good. If you see e

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

ven one empty home, high tail it out over there as fast as you can.

Walking is good for your health. It is also a good way to evalua

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

te a neighborhood. No, you don’t have to walk. Instead, take note of how many people you see walking around. Don’t do this assessment

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

on a Monday in the morning. That isn’t fair! Try a Saturday when people are off work. Keep the windows down as well so you can evalu

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

Following aspects would a

ate whether the area remains quiet or turns into Woodstock. If you are at all concerned about the noise level, cruise the neighborhoo

dd to the challenges in developing combination products:

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

d on Friday and Saturday night.

Schools are an oldie, but goodie. Quality schools are a sign of a good neighborhood. Most people wit

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

hout kids discount the school issue, which is a huge mistake. Yes, you don’t have kids, but what about when you resell the property?

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

amilies are going to make up a large pool of your potential buyers. They are going to be very interested in the quality of the school

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

s, so you should be as well.

Home conditions are another huge factor you need to consider. In this case, we are not talking about th

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

Professional from academic institutions, pharmaceutical industries, health care indust

e quality of construction and so on. Instead, how are the homeowners taking care of their homes? Drive the neighborhood and look at t

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

he homes? Are they run down? Cracking paint? Yards that look like the Amazon rainforest? All are warning signs that should make you r

.

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

econsider buying in the area.

When house hunting, it is easy to fall in love with a particular property and not really notice the ne

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

Companies that provide selfless information through particip

ighborhood. This is a recipe for disaster. Make sure you carefully evaluate the neighborhood around you to avoid buying in a bad area

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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If you are a minority interest shareholder in a privately held company you need to be aware of some warning signs of bad behavior on the part of the majority shareholders. If you find yourself in a Squeeze-Out, you may have some legal remedies, but you face an expensive and uphill battle. This article describes, unfortunately, a fairly common situation.

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Answers - Are You House Hunting In A Good Neighborhood?

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