Answers - Real Estate

It can be difficult to figure out whether to sell your home first before you buy or vice versa. If you sell first and have

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

n’t found your new home yet, where are you going to live? But if you buy first without selling how can you afford to cover

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

Examples of combination products may in

the cost of owning two homes if yours doesn’t sell?

If you sell your home before you buy, you eliminate the financial gues

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

ing game. Maybe you like to play but I would like to know how much money I’m working with when I go looking for a new home

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

The only downfall to this approach is whether you have a place to stay or not. You may not find your new home in time, o

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

Combination pro

if you do, maybe the possession dates don’t line up. Then you are stuck renting for however long (and we all know renting

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

sn’t cheap in Victoria, BC), and if you are a growing family with lots of stuff, maybe storage comes into play.

So should

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 buy before you sell? In some cases you may have to. Say you found your perfect home, and you’ve been looking for a lon

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

time. It’s priced right and it will sell fast! In this case you might have to! But if you’re dealing with a slow market,

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

it could be very dangerous. Now you’re looking into bridge financing, which will allow you to own two homes, while trying

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

o sell one of them. But think of all that interest you are paying on a hefty lump some of money.

The ideal way this will

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

Following aspects would a

appen all depends on timing. If you’ve done your research, know pretty well what you are looking for and what area you wan

dd to the challenges in developing combination products:

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

to find it in, then you list your home first. If you do get an offer right away you can always add a subject clause in th

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

contract that is conditional on you finding your new house in a certain period of time. If your home hasn’t sold by the t

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

me you find your new home, you make an offer subject to the sale of your existing home in a certain time period. Unless yo

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

are in a hot sellers market, most sellers will accept this. This way you are more likely to make the dates work hand in h

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

Professional from academic institutions, pharmaceutical industries, health care indust

nd and you’ve already got the ball rolling on your own house.

In conclusion, selling your home first is less risky and you

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

ll usually end up with a better price on both ends. You’re not in a rush selling, so you won’t be forced to accept a low o

.

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

fer, and if you’re putting an offer on a house and haven’t sold yours yet, what sort of bargaining position are you in? Yo

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

Companies that provide selfless information through particip

’re asking the seller to have faith in you selling your house and give you a deal on the new one! Maybe in a perfect world

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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