Answers - Real Estate

Affordable Living and Retirement in Nova Scotia, Canada

If you're budget-minded, don't mind a bit of cold weather (or are seeking the perfect warm-weather retreat), love seafood, and have a historic mindset, then Nova Scotia is the place for you.

During the late 19th

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

-century, Nova Scotia beckoned a select group of wealthy families, who traveled by train and steamer to their grand seaside Victorian "cottages" from New York, Boston, Philadelphia and other industrial hotbeds.

Little has changed in 100 years at this summer colony in

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

Examples of combination products may in

he North Atlantic: The atmosphere is still somewhat staid, unhurried and family-oriented. The pristine coast is uncrowded and less developed than anywhere in North America; the real estate still costs just a fraction of that in the United States and Europe.

Nova Scoti

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

, located on Canada's Atlantic coast east of Maine, is shaped like a lobster with its claws grasping toward the remote province of Newfoundland and its tail pointing in the direction of New York and Boston. Latin for "New Scotland," Nova Scotia is named for its resembl

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

ance to the homeland of some its first European settlers. The Scottish print on this land is large, but so is that of the Irish, French and the British—with each culture having left its mark.

About half the size of New York State with a population just under a million

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

Combination pro

Nova Scotia boasts 3,600-miles of craggy shoreline sprinkled with scenic fishing villages and quaint small towns. Long a destination for vacationers and retirees from throughout Canada, in recent years, the once sleepy region has been attracting American and European

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

ransplants with its seductive beauty, rich history, slow pace, proximity to the United States and, of course, affordable real estate.

Perhaps nowhere in Nova Scotia is the official label "Canada's Ocean Playground" more pronounced than on the South Shore. In the heart

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

of this region along Nova Scotia's picturesque Lighthouse Route lies White Point Estates, a charming oceanside residential community developed amid White Point Beach Resort & Country Club—once a private lodge for well-heeled outdoorsmen. On prime oceanfront fringed by

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

white sand beaches, lush woodlands and a flowing river, White Point, is a microcosm of the best of Nova Scotia. With its laid-back historic ambience and hypnotic water views, the new seaside enclave seems almost too good to be true.

In the midst of a sprawling 159-roo

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

resort with lodges and private cottages and a 9-hole CPGA-rated golf course to boot, White Point offers a variety of lots to build on. They range from 3/4 of an acre to roughly 2 acres and are priced starting at $45,000. Building lot choices offer something for everyo

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

e; including gently-sloping wooded spreads and stunning oceanfront (and waterview) sites. Here, in-the-know expatriates and Canadians are buying lots to build vacation and full-time residences in an area where they will rub elbows with cosmopolitan transplants, tourist

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

Following aspects would a

s, seafarers and locals. So far, a handful of lots have been sold, but given their prices and the accompanying amenities, including a a host of services and recreational opportunities, they are sure to go fast. And, White Point will work with you through every step of

dd to the challenges in developing combination products:

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

he home-building process.

Sales of vacation and future retirement properties in places like White Point Estates are booming, real estate specialists say. Cost-conscious and city-weary arrivals from afar increasingly seek respite and new starts in Nova Scotia. No wonde

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

the maritime province is increasingly lighting up the radar screens of those searching for an affordable alternative to traditional vacation, second home and retirement retreats, where rising home prices have left many priced-out of the market.

Since the media—includ

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

ing the likes of Consumer Reports, International Living and CNN—have begun to rate Nova Scotia among the world's best places to vacation, live and retire, property costs have risen as much as 50% annually in some areas of the province. Yet despite the price increases,

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

roperty here remains a fraction of what one would pay for similar real estate back home. And with enticements like some of the world's most spectacular scenery, a relatively temperate climate (winters are milder than the northern U.S.), and a low profile, stress-free l

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

Professional from academic institutions, pharmaceutical industries, health care indust

festyle far from the rat race, wars and terrorism, it's easy to see why life looks so good under the Maple Leaf.

For details about White Point Estates, visit http://www.whitepointestates.com or contact Doug Fawthrop at 902-354-2711, ext. 370 (toll-free 800-613-2171),

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

e-mail: doug@whitepoint.com.

Getting There Nova Scotia is close enough to the U.S. and Europe that you won't get jet lag getting there. The capital Halifax is a 2-hour flight from New York; 6 hours from London. Portland, Maine, from which the 5.5-hour ferry departs t

.

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

Nova Scotia, is about a 90-minute drive from Boston. For ferry information, visit: www.catferry.com.

Where to Stay White Point Estates offers a Site Inspection Package (couples for $159 weekdays; $199 weekends), allowing prospective buyers to visit for two nights at

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

Companies that provide selfless information through particip

White Point Beach Resort while exploring all that the community has to offer. To reserve a tour, call 1-800-613-2171.

For More Information Passport to Canada: The Complete Guide to Living and Retiring in Nova Scotia, an eBook available at http://www.thegloballife.net

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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