Answers - Real Estate

In order to sell your home quickly, and for the best price, here is a list of things to address BEFORE your agent brings that first potential buyer to loo

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

k at it.

1) Make sure the lawn is mowed, the shrubs are trimmed, and the porch is clean and free of clutter. If it's fall, rake up the leaves. If it's wi

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

Examples of combination products may in

nter, keep the walkways clear. Make sure the front door is either freshly painted or well-scrubbed. It's all part of creating a positive first impression

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

as potential buyers approach the home.

2) Inside, clean the house thoroughly, especially the bathroom and kitchen. Make sure the woodwork is either clean

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

ed or freshly painted. Those two areas are very important in most people's minds, and you need to pay special attention to them to create a good impressio

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

Combination pro

n.

3) Make sure all the faucets work (without dripping) and all light bulbs come on when their switches are turned on. Little things like that can be dis

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

tracting to buyers.

4) Make certain that every closet door and cabinet opens easily, and closes securely. Doors that don't open or close properly give a

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

negative impression to buyers.

5) Don't let your kids leave out their roller skates or skateboards, and if there are slippery rugs that you've learned no

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

t to step on over the years, remove them so potential buyers don't go flying.

6) Organize closets, basements, and attics, so that they look larger. Just

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

like you, buyers are always looking for room to store things. If you have so much stuff that you can't do that, consider having a garage sale, renting a s

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

torage space, or calling the Salvation Army truck.

7) Pay special attention to the bedrooms. Just like the kitchen and bathroom, comfortable, spacious, a

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

Following aspects would a

nd well-organized bedrooms make a positive impression in home buyer's minds, because they know they'll be spending a significant amount of time in them.

dd to the challenges in developing combination products:

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

8) Open your curtains during the daytime, to let in as much light as possible. It gives a positive feeling to the home and makes rooms feel more spacious.

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

9) If the home is being shown at night, turn on every light inside and outside of the house. You'll be brightening the mood, as well as showing off your

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

color scheme and wallpaper designs to their best advantage.

10) Don't have a bunch of people around when the home is being shown. In fact, it's a good i

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

dea to make an excuse to leave yourself, so that potential buyers are free to speak freely about what they see as they tour the home.

11) If you have pet

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

Professional from academic institutions, pharmaceutical industries, health care indust

s, keep them away from the buyers. In fact, it's worthwhile to take them with you when you excuse yourself and make your exit during the showing.

When ge

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

tting ready to show your home, always point toward creating a positive impression on prospective buyers. They want what you would want, they'll notice wha

.

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

t you'd notice, so walk through your home and try to see it from a stranger's perspective. Ask other people to walk through and tell you the negative thin

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

Companies that provide selfless information through particip

gs they notice. Then address those things. It will all help you to sell your home--quickly, and at the best possible price.

Copyright © Jeanette J. Fishe

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 think that a mortgage is beyond you because even with a term of 25 years the payments are too high, then maybe you should consider getting a lifetime loan.

A recent study by the National Center for Education Statistics shows that 50% of recent college graduate have student loans, with an average student loan debt of $10,000. The average cost of college increases at twice the rate of inflation. With the rising costs of college it is difficult for aspiring colleges students to get enough scholarships and grants to pay for college and basic necessities. More and more college students are forced to use credit cards to pay for basic essentials such as books and school supplies. According to the United Marketing Service (UCMS) the average number of credit cards per student is 2.8.

If you are buying or selling a home, the chances are good you struggle with the meaning of descriptive real estate terms. Here’s the first in a series of articles explaining them.

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