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  • Answers - Know Why Your House Is Not Being Sold - Location

    Are you trying to sell your house? Is it that in spite of the fact that yo
    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
    ur house in on the list for the last 4 to 5 months, it has not been sold t
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    ill now? If that is the case, then, you need to take care of a few things.
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.



    Besides price and condition of the house, the third reason a house is no
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    t being sold in a good market is its location.

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

    Combination pro
    hools, a higher crime rate, filthy or messy neighbors, a busy road, noise
    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
    pollution as from a busy railroad track or under a flight pattern, a publi
    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
    c area like a theatre etc. that is always overcrowded mark a bad location.
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically


    Sometimes it might happen that the location of your house is good and th
    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
    ere are no real negatives to affect the sale but in spite of that, there a
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    re no offers! In that case, you consider other factors like price, conditi
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    on, listing agent or the marketing plan. These factors greatly influence t
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    he sale of the house.

    In case your house is not in a good location, you n
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    eed not worry. The only thing that can compensate is a lower listing price
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    . That is, you need to compromise on the price.

    If you are willing to sel
    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
    l a house in a bad location, you would have to ask for less than what simi
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    lar homes in more desirable areas have sold for.

    Also, favorable terms he
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    lp to sell your house to some extent, especially if you are in the positio
    .

    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 to offer owner financing or a lease with options.

    Hire a good realtor a
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    s he will be able to recommend a good strategy and overcome a bad location


    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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