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  • Answers - Moving Guide: Working with a Real Estate Agent

    Buying a house is one of life’s most exciting and nerve wracking adventures—especially if you are 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
    first time home buyer. There are so many things to think of, factors to consider and issues to remem
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    er. A good place to start is with your real estate agent, and choosing the right agent can make all
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    he difference in the world.

    Sellers' Agents

    In most cases, real estate agents are considered “sell
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    r’s agents”. In this capacity they have an agreement with the owner of the property you are interest
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    d in, and they receive a commission of the home’s final sale price.

    A seller's agent can help you f
    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
    nd and purchase a property and may provide some of the same services as a buyer's agent, but obvious
    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
    y their loyalty lies with the sellers and not with you. A seller's agent has a duty to get the best
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    ossible deal for the seller, so always assume that any information you give a seller's agent will be
    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
    passed on to the seller.

    Buyers' Agents

    A buyer's agent’s primary objective is to get the buyer lo
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    est price possible on the home they want. A buyer's agent tries to find you the best possible house
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    for the lowest possible price. Just like a seller's agent is prohibited from giving away too much in
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    ormation to the buyer during the sales process, your buyer's agent is prohibited from doing anything
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    that will hurt your chances of getting a property for the lowest price possible.

    A buyer's agent of
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    en handles many of the tasks required to get to closing (such as inspections, helping you find a len
    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
    er, tracking the progress of the loan, working with the closing attorney or agent).

    Buyer’s agents
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    re usually paid a portion of the seller's commission fees at closing. However, a contract may state
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    ou will pay the agent a fee if you purchase a For Sale By Owner home.

    Dual Agents

    Sometimes you ca
    .

    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
    end up with a dual agent. A dual agent is a realtor who is working as a seller's agent for a partic
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    lar property and, should you become interested in the property, serves as your buyer's agent as well


    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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