Answers - Real Estate

The winter is the best time for home buying. This is not "common knowledge" at all, so there is much less buying competition in the market. It is a wid

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

espread belief among sellers (and among real estate agents, who should know better!!) that people don't care enough about buying a home to be willing to go ou

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

Examples of combination products may in

in the cold.

This means that the sellers who do still have their homes listed for sale are usually exceptionally motivated. This is precisely what you want.

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

Most people, sellers included, are more inclined to be kind and giving during the winter holidays. Offers to purchase that would ordinarily be considered jus

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

too low in price, or have other commonly unacceptable terms, will often actually generate a counteroffer.

Now, before you decide against trying to buy a

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

Combination pro

ome because you are reading this in the Spring, Summer, or Fall - let me hasten to emphasize that opportunities abound for the serious first time home buyer t

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

hroughout the year.

When you receive a "counter," it means you are probably about to get the house. It shows that the seller is interssted in continuing

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

o talk with you. You and your real estate agent, being ace negotiators, are going to emerge from this process with an advantageous agreement.

But DO NOT
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
B> fail to include an inspection contingency in your offer! If the home has major structural and/or mechanical defects, you simply cannot make a good enough d
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
al to compensate you for what it is about to cost you. Remember to try to figure out WHY the seller is trying to sell, even in this off-season, and "ru
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
don't walk" away from the agreement if your inspector discovers major problems.

****As I write this at the end of 2006, it is a "buyer's market" in most
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a
places in the country. It is certainly unclear how long this condition will last - if someone tries to tell you that they know when the market in your
dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod
rea will heat up for sellers again, just laugh at him.****

Much home buying does occur in the wintertime. Many of these closings take place in December -
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
builders and individual resale sellers alike are often anxious to close before the end of the tax year. It is frequently "worth it" to sellers to accept offe
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
s that contain provisions that require them to pay certain costs for the buyer.

It can be very advantageous for both parties to complete the home buying tran
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
action with a land contract. One major factor to recognize is that the closing can take place MUCH FASTER when there is no lending institution involved
ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust
in the process.

Being able to beat the 12/31 tax deadline can persuade the seller to provide owner financing to you. This is a huge benefit for you if the f
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
nicky lenders want to charge a higher rate of interest because your credit is considerably less than perfect. Low credit scores are not at all uncommon for yo
.

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
ung people - see this article on credit reports: http://www.first-time-home-buying.net/credit-report.html

Don't hesitate to ask for concessions regarding the
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip
listed price and terms. The things that a motivated seller will agree to never ceases to surprise me. Home buying in the off-peak season can be very rewarding

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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