Answers - Real Estate

Step 1: Determine your housing requirements: where do you want the house? The price range? How big a

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

house do you need? What kind of a house is appropriate for you? The distance of your house from mun

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

Examples of combination products may in

icipal and community services, etc…

Step 2: Understanding you Local Housing Market: Hire an agent t

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

o determine the market prices for the kind of house you are looking for? Your agent gets paid, so he

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

she must work for you and work hard. Ask them any questions that you may have and make them work for

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

Combination pro

you. Determine if it is a buyer's or seller's market? How favorable are the conditions towards you,

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

etc…

Step 3: Calculating your Costs: The most important thing when buying a house is your financia

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

capability. How much can you afford monthly? How much downpayment are you planning to give first up

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

? Maintenance Costs? Renovation Costs? Services Cost? Propery Taxes? Insurance?

Step 4: Choosing yo

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

ur Team: Make sure you choose an agent who you are comfortable with and who is willing to work hard

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

or you and who has time for you. A good more experience, the younger ones, in general, are considere

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

Following aspects would a

d to be more active and salesperson makes all the difference in the world. While older agents are de

dd to the challenges in developing combination products:

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

emed to be involved. Choose an experience Notary and ask your agent to help you find a good housing

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

inspector and mortgage lender.

Step 5: Arranging your Mortgage: For this aspect, your agent should

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

ake care of the all the paperwork and all that is involved in this. After all, they are getting paid

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

for their service. Understand all different types of mortgages and the benefits and cons of all the

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

Professional from academic institutions, pharmaceutical industries, health care indust

se.

Step 6: Closing the Deal and Moving: Make sure that all the paperwork has been taken care of an

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

the appropriate and required documents are submitted before the notary and all the requirements hav

.

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

e been met. Keep in frequent touch with your agent in order to be up to date as to what is going on

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

Companies that provide selfless information through particip

with your house. Find a reliable moving company and assure that your moving is as smooth as possible

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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At the last Google Webinar, there was some discussion about Section Targeting. I haven’t seen much discussion of this topic on the forums so I guess that means that either everyone is using it and understands what it can do... or that most people are ignoring it and missing an opportunity.

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Answers - Tips on Buying a House!

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