Answers - Real Estate

It's an unfortunate thing, homes that are listed on a given real estate market and do not sell. This can be a

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

huge cause of anguish and stress for the owners as they have to reduce their price to eventually sell the ho

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

Examples of combination products may in

e. There are a variety of reasons that homes don't sell, some of them are financial, some are related to the

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

ome itself, and finally some are related to the market. The last of these reasons, a typical seller has no co

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

trol over so it's pointless to try. The most that can be done is to research the current market trends and li

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

Combination pro

t your home at a time when its a sellers market.

The other two reasons, a seller does have some control over

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

One of the main reasons that homes don't sell is the fact that they are overpriced. It is a natural want whe

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

selling your home to try to get top dollar for it. However when considering your asking price you cannot tie

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

your emotions and memories into the decision. It is acceptable that you place a higher value on your home tha

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

a buyer. You have an emotional tie to the home which can cause homes to be priced above their market value.

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

he best way to discover the current market value of your home is to have a comparative market analysis done b

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

Following aspects would a

your realtor. This compares your home with other homes of like size and amenity that have sold recently in y

dd to the challenges in developing combination products:

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

ur area. This will give you a decent number to start the pricing of your home from. Use it as a baseline, not

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

an absolute.

Another reason for a home's presence on the market for a long time can be the home itself. Have

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

you taken the time to ensure that you home is as attractive as it can possibly be? Buyers are a finicky lot a

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

d will pick out any imperfection in a home in order to get a lower price. If a home is not presented properly

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

Professional from academic institutions, pharmaceutical industries, health care indust

that is; completely clean and in order and in pristine shape it becomes more difficult to sell. You must als

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

be ready to show the home at any time. Ideally you will have some notice as to when shows will happen but if

.

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

someone wants to see the house immediately, it needs to be ready to show immediately. Hopefully this has help

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

Companies that provide selfless information through particip

d to shed some light on reasons why homes sometimes languish on the market, make sure yours isn't one of them

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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