Answers - Real Estate

Certain home improvements to your inner city home will more than pay for itself with increased property value ... True or False?

It depends on how hot or col

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

d the real estate market is in your specific area. For example, building a deck in southern California is a good investment. Adding a family room, a hearth ap

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

Examples of combination products may in

pliance or fireplace in a colder climate will more than pay for itself.

People are getting tired of commuting, so the trend is for young professionals to move

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

back into urban areas they once fled.

Here are the latest tips on helping you increase the value of your inner city home.

1. A Remodeled Kitchen

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

The kitchen is still the heart of the home by most home buyers standards. Despite the fact most people do less cooking, this is still the room many home buyers

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

Combination pro

base there buying decision on.

Cabinet appearance, cabinet space, appliances, sink and fixtures, counter appearance, counter space, lighting, flooring and mo

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

re. Anything you can do big or small to improve this room is almost a sure bet in any market or location.

2. A Remodeled Bathroom
The next leading

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

room to push the value of your home up is a remodeled bathroom. Updated counter,shower, tub fixtures, flooring, commode and a fresh coat of paint can do wonder

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

s for your bathroom and the value of your home. In fact doing these things is almost a must if you want to sell your home in a tight real estate market.

3.

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

Get A Room
Although following this suggestion is a bit more expensive than the previous suggestions, it can pay off the most. But you have to make s

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

re you add the right kind of room. A bedroom is a good decision, a half or even quarter bath is a good investment if you only have one bath now. A patio is a g

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

Following aspects would a

ood idea if you have room to expand a little, a family room can also pay off according to statistics.

4. Add A Fireplace or Hearth Appliance
Noth

dd to the challenges in developing combination products:

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

ing says welcome home on a cold rainy night than a roaring fireplace. Whether it's a traditional brick wood burning fireplace, a gas stove or gas logs. Adding

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

a hearth to your home is another improvement that will pay for itself. Yes,not only in home appreciation but in personal appreciation and enjoyment.

5. Ad

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

to The Square Footage
Anything you can do to add to the livable space of your home is a sure bet to add to the value. An enclosed front porch and enc

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

losed patio is a quick way to add to the square footage of your home.

6. Automatic Sprinklers
Automatic sprinkler system is a good investment in r

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

Professional from academic institutions, pharmaceutical industries, health care indust

elation to cost. It also makes your home more attractive to potential buyers. It's an easier home improvement project compared to the previous suggestions.

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

7. Central Air/heating
The addition of central air and/or heating have been known to add up to 10% to a homes value. If you can afford it adding these

.

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

conveniences is a must if you want to get the maximum return on investment.

Yes, well maintained urban homes will continue to attract greater value as young

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

Companies that provide selfless information through particip

professionals migrate back to urban areas. These tips will help you to keep and increase the value of your inner city home. I invite your questions or comments

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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