Answers - Real Estate

"Families that spent more on home improvements also realize the greatest rates of price appreciation," the Harvard Joint Center study said. "In many regions of the country, homeowners recover as much as 80% t

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

o 90% of the cost of home improvements in the form of higher home values.

If you are getting ready to sell a house, you want to be among the homeowners who recover 80% or more of their investments in the for

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

Examples of combination products may in

of a higher price. The key is thinking like a buyer. And what do buyers do? They drive up to a house and look at it. If they are not repelled by what they see, they step inside and look around.

Do you remem

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

er the first time you saw your home? What were the features that made you want to buy it? Chances are those same features will be appealing to your buyer. Perhaps there was something special about the patio.

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 maybe it was the flower garden in the back yard. How about those special features in the kitchen that impressed you. You liked that large party room. That little pantry off the kitchen that has been so hand

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

Combination pro

. Do you recall how these features looked when you first saw them? Restore them. Bring them back. They are going to help sell your home.

Before you start to promote your home:

Spend money o

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

what can be seen vs. what cannot be seen.

Fix up the exterior first, then the interior.

Focus first on the "Yikes!" appeal: clutter, trash and bad smells that drive down a home's value.

The improvements t

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

hat are most visible are the things you need to focus on.

Give your home a thorough cleaning. Wash the windows. Shine the floors. Polish the furniture. Scour and scrub the kitchen and bathrooms. Give the lan

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

scape a good manicure. Curb Appeal is going to make the buyer want to go inside.

Clean out the garage, attic, basement and all closets. Hold a yard sale to get rid of unwanted items. You can donate anything

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

hat does not sell to charity (Salvation Army or Good Will etc.)

Do a mini-remodel. Transform the look of your home with paint. It sounds simple, but it works! A fresh coat of paint can make your home look cl

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

an and fresh. Color and accessories can change a room's mood.

Make sure the house has a clean fresh smell in every room. Even the closets. Open the windows and air things out. Carpets and curtains can collec

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

Following aspects would a

bad smells like tobacco and cooking odors. Check bathrooms and basement for mildew odors.

Make minor repairs. Fix squeaky door hinges, old peeling paint, cracked or stuck windows, loose door knobs, crumblin

dd to the challenges in developing combination products:

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

grout between bathroom and kitchen tile, rusty gutters, and sinks that leak and do not drain properly.

The front of your home is where the first impression is made. Make sure the drive-way is clean and free

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

from oil spots. Eliminate moss or mildew build-up on the front steps. The hardware on your front door should sparkle. Take care of paint that is peeling. Add a little color to the porch with a basket of flowe

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

rs. A nice door mat also makes the front door look appealing.

The entry area will also create first impressions. Repair scratches in wood floors or worn spots in carpets. A well placed mirror can make an ent

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

y area look larger, especially with flowers in front of it. Be sure to have the entry closet clean and free of clutter.

Put high wattage light bulbs in all fixtures and turn them on when you show the home. K

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

Professional from academic institutions, pharmaceutical industries, health care indust

ep the drapes open so that everything is well lit. Dark areas can send out a bad message. People may think you are trying to hide something. If you have rooms painted in dark colors change them to light color

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

, such as an off white. Lighter colors create an open look.

Have as much open space as you can. Personal family heirlooms can make the home look like a museum. Put away all the personal possessions and let 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

e buyer see how much room there really is. The buyer needs to have a clear picture how their belongings are going to fit in the house. Remove unnecessary furniture. The more furniture in the room the smaller

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

Companies that provide selfless information through particip

t looks. Sometimes family pictures can make walls look cluttered. A mirror that is placed in the right spot can make a room feel larger.

These tips may take some time, but in the end, you will see the reward

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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Referrals have worked wonders for many companies. Your staff is actually your best resource for finding new employees and can save you thousands of dollars in recruiting or other fees. The best way to encourage employee referrals is through a formal Referral Program which might include bonuses, cash awards, gifts, trips, etc.

Negotiation involves two or more parties, who each have something the other wants, reaching an agreement through a process of bargaining...

Secured loans are designed for all those who are ready to offer their property as collateral to get a loan.

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Answers - Get Your House Ready to Sell - Part I

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