Answers - Real Estate

So you are thinking of Purchasing a home.Let me start this article by saying under no circumstances should you purchase a home wit

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

hout first having a Qualified and Licensed Home Inspector look at it.

The reason I say that is unless you are a qualified Home In

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

Examples of combination products may in

spector , or at least a residential contractor with years of experience,you maybe setting yourself up for disaster.

My name is

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

Romain Levesque I have close to 25 years of experience in the residential and commercial building trades. I have written a few art

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

icles on various different subjects,but this will be my first directed at the subject in which I have the most experience in.

T

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

Combination pro

his will be the first in a series of articles to follow on the subject of Home Inspection.So make sure you check back occasionally

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

, to read the subsequent articles in this series. You have made the decision to purchase a home and you think you have found th

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

e home of your dreams. Whats the first thing you want to do? That is right hire yourself a reputable and qualified Home Inspector.

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

How should you go about this you ask? Unless you have personal contacts in the industry, which the average home buyer does not,

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

grab the old Yellow Pages. Check under home Inspectors and go through their ads. You want to make sure they are:

1.Licensed an

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

d Qualified

2.Registered with the Better Business Bureau, and maybe the local Chamber of Commerce.

Call a few of them and conver

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

Following aspects would a

se with them a little, ask them about their background in the field. Ask them about their rates and credentials. By conversing w

dd to the challenges in developing combination products:

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

ith them on the phone you can usually tell if they are legit or if they are some flyby night trying to rip people off. If you have

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

someone in your family that is in the construction field have them talk to them, if you do not feel comfortable doing this your

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

self. You also have another option as far as hiring a Home Inspector,and that is to talk to your real estate agent. Real Estate A

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

gents usually have their own group of people that they usually do business with. Usually the contacts they have are people that

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

Professional from academic institutions, pharmaceutical industries, health care indust

have performed well in the past and they like to stick with them. Which ever way you decide to go, do your research! This beside

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

s financing is one of the most important aspects of the Home Buying Experience.

As I said earlier this is the beginning of a seri

.

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

es of articles on this subject that I will be writing. I hope this opening article will at least steer you in the right directio

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

Companies that provide selfless information through particip

n as far as hiring a Home Inspector . Stay tuned for the next article in this series: Your personal checklist for Home Inspection

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 your business is located in one city, but many of your clients are located in another city, moving closer to your clients would be sensible. However, relocating might not be possible for your business for any number of reasons, such as the following:

The fastest way to gain visibilty for your business is through Pay Per Click advertising. It drives targeted web traffic to your website. Every click through is a potential sale.

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