Answers - Real Estate

When selling a home there are certain aspects of the sale and preparation that are often o

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

verlooked. That is, certain areas of the home that seem to get put to the side when doing

; 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 final staging or cleaning before a home is listed. Areas such as garages, sheds, laund

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

y rooms and the like come to mind. These areas are vital parts of the home and while they

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

are not the primary living areas, they can still have a big impact on the overall attracti

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

Combination pro

eness of a home and on how well it shows.

It is amazing that impact that these areas can

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

have on a home. Every room in a house is under scrutiny during the sale process, to the po

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

int where an untidy or cluttered room can taint the buyer's overall view of a home. Garage

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

are a great example. Instead of using a garage as a holding pen for boxes, old furniture,

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

and other extraneous clutter, turn the garage into a room to be proud of. If the garage i

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

as clean as the kitchen, imagine what that will say about the rest of the home! Chances a

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

Following aspects would a

re, if things are merely sitting in a box in the garage then you have no real practical us

dd to the challenges in developing combination products:

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

e for them anyway. They might have some sentimental value or significance, but these could

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

just as easily be kept in a storage bay. This will free up lots of room in the garage for

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

something as strange as say; a car!

Take some time to go through the less traveled or uti

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

ized room in your home and try to discern any changes that may be necessary or simply woul

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

Professional from academic institutions, pharmaceutical industries, health care indust

d improve the room. Laundry rooms have a tendency to be somewhat cramped and cluttered wit

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

h detergent bottles, cleaning equipment, dryer lint....Why not turn the laundry area into

.

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

more useful storage space. New shelving and extra closet space is always useful, and havi

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

Companies that provide selfless information through particip

ng a sparkling laundry room with new and updated appliances is always a good selling point

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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When most people consider conversions they tend to lean towards making a website look better, or more professional, when in reality the aesthetics of a website has only a marginal (about 1-10 percent) effect on the overall sales conversions.

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