Answers - Real Estate

There is no doubt that the real estate market has slowed down and is not the hot market we had from 2002 to 2005. The news media is quick to point out that more homes are on the market and that sales are down. Given the cur

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

rent market, is now a good time to buy a home?

To answer this question a buyer must first answer the question, “How long do you intend to stay in the home you buy? The answer to this is key to making a buying decision in to

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

Examples of combination products may in

ays market.

If you are planning on staying in a home for 3 years or less, the answer is clear, you probably should not be looking at buying a home. Renting is the better option until your future is more stable and clear. An

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

thing less than 3 or 4 years is too short a time to overcome the costs associated with buying and selling a property. The time when a buyer could buy a property and sell it a year later at a profit is gone.

However, if you

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

lan on staying in a property for 5 years or more, then buying, as opposed to renting, is the better move. Historically, property values tend to climb and given enough time, a buyer can weather downturns.

“But the market is

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

Combination pro

urning and prices seem to be falling, so why would I buy a home now?” The housing market has changed, prices are leveling and may even decline. But remember that a home should not be thought of as an investment. This is the

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

place where you live, rest, and raise your family. It is important that your home be the right home that fits your lifestyle now. If you are currently a homeowner and are looking to upsize, downsize or change towns, conside

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

that even though your home may be worth less than it was last year, chances are that the house you intend to buy is also selling for less. The net effect on you is neutral. It does not really matter if you buy and sell in a

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

rising market, a falling market or a stable market. Your house will rise or fall in value with the other houses in the area (You have lived in your house for more than 2 years and hopefully more than 5, right?)

For the firs

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

time home buyer it may actually be better to buy in a cooler housing market than a hot market. Why? In the hot real estate market we have had over the last 4 years buyers had to move quickly to get a house before the next b

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

yer got it. There was little time to look at homes, negotiate the best terms and think about weather or not that house was the right one. Sellers were in a very good position, there were lots of buyers and not many homes on

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

Following aspects would a

the market, so sellers were able to get terms that were favorable to them. The homes they were selling were often in less than perfect condition and buyers were still eager to buy them.

Now that the market has slowed, the b

dd to the challenges in developing combination products:

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

yer is in a much better negotiating position and is more likely to get terms that are in his favor. Perhaps the seller will make some needed repairs to the home or will contribute some money to the buyers closing costs. This

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

gives the first time buyer a much better chance of buying the home they want.

Also, the first time buyer has one huge advantage over the homeowner who is trying to buy a home. That advantage is so obvious it often is overlo

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

ked by the first time buyer. The advantage they have is they have nothing to sell before they can buy! Consider this: Imagine that you own a home that you wish to sell. Two buyers approach you with an offer to buy your home.

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

Buyer “A” makes a good offer but has a contingency in his offer that he must sell his current home before he purchases your home. Buyer “B” makes a good offer and can buy your home in a month because he has nothing to sell.

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

Professional from academic institutions, pharmaceutical industries, health care indust

Which offer do you take? Buyer “A” must sell his house in order to buy yours. Who knows how long that will take? Is his house priced well? What if he gets a buyer who can not complete the sale? There is a lot of risk to acce

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

ting Buyer ”A”s offer. Chances are you would accept Buyer ”B”s offer. And because Buyer “B” represents a lot less risk, you might even accept his offer if the price was lower than Buyer “A”s.

So the buyer with nothing to se

.

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

l has a lot of advantage over other buyers and this gives them a better negotiating position. As long as you intend to stay in a property for 5 years or more, a cooler market represents a good time to buy. And for those who

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

Companies that provide selfless information through particip

wn homes and are looking to make a change, it really does not matter what the market is doing. So do not let the media scare you from making a needed lifestyle change. There is no fundamental reason to not buy in this market

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.answers.org.ua/article/137880/answers-Is-Now-the-Time-to-Buy.html">Is Now the Time to Buy?</a>

BB link (for phorums):
[url=http://www.answers.org.ua/article/137880/answers-Is-Now-the-Time-to-Buy.html]Is Now the Time to Buy?[/url]

Women are taking control of their financial destinies and careers by starting and running their own business. Women owned business opportunities are often of the work-at-home type due to several reasons.

Are you a small business owner? Have you spent several years in an industry and then started your own business. Maybe you spent time working as a carpet cleaning technician working at Sears and started your own company one day. Maybe you spent time working in some great restaurants and one day took the plunge to open your own. BUT NOW!! you need to expand sales, say 15% OR MORE PER YEAR, MONTH, maybe say in 1 week! Can it be done?

There are formulas for just about everything, but it has been shown that the simpler the formula or method of doing a particular task the better it works. It has evolved down to KISS – Keep It Simple Stupid.

Tags

Links

Answers - Is Now the Time to Buy?

Related Articles: