Answers - Real Estate

Property management is not easy. Usually it becomes a pain. If you own

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

a very good property like duplex or even multi-family suits, you can be

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

Examples of combination products may in

come worried about a lot of things related to it.

For example, you own

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

a house which is very good but still you need a lot of time and money

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

to maintain it. It has to be maintained in several ways. So many times

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

Combination pro

roof can start leaking. Any appliance in the house may stop working or

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

any other problem may occur that has a direct effect on your pocket.

Y

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

ou can think of a situation when you give such a house on rent and your

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

tenant gives you a lot of complaint about your house. You do not have

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

much time to take care and manage your property so you always find your

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

elf in trouble.

The answer to the entire above situation is a good pro

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

Following aspects would a

perty management. Ideally we suggest that a property management compan

dd to the challenges in developing combination products:

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

y can be a very good solution for those who do not have ample time to t

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

ake care of their property.

A property management company is really ve

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

ry helpful for the novice who has no idea about managing the property.

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

These managers take care of everything you can think of. You do not ha

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

Professional from academic institutions, pharmaceutical industries, health care indust

ve to even think if you will get your rent in time. These people schedu

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

le it automatically. They have certain plan and they are very expert i

.

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

n doing all this.

So, if you are also finding yourself unable to manag

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

Companies that provide selfless information through particip

e your property, our advice is to consult a property management company

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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