Answers - Real Estate

We have all driven by a house that seems to just sit on the market forever. At some point we all wonder what'

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

s wrong with that house. Why have other houses around sold and this one hasn't? Is it the price, location, wh

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

Examples of combination products may in

t seems to be the problem?

Before I get to what the real problem is with why some homes don't sell while oth

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

ers around seem to sell in a reasonable amount of time, I would like to talk a little bit about some mitigati

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

g factors. I know it should go without saying, but I will say it anyway - not all homes are created equal. Th

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

Combination pro

ere are new homes and old homes; some have been updated; others have fresh paint or a front door that is so h

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

rd to open that you have to put your shoulder into it just to get it open - my point is that all of these fac

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

tors come together to provide a real estate professional and the homeowner a vivid picture of the home as it

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

elates to others it will be competing against. From this and other information gathered about the neighborhoo

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

d about market statistics, a Realtor can provide a homeowner with all of the information that they need to pr

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

ce the home.

So why don't some homes sell? I will tell you.

The seller is the reason. That

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

Following aspects would a

's right. I said it. It is because the seller will not list the home for the appropriate price to get the hom

dd to the challenges in developing combination products:

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

sold based on the condition of their home and the competition their home faces. Ultimately, the decision is

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

that of the seller as to what the list price of a home will be. We all know that any home will sell if the pr

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

ce is right. This is the seller's decision. So the next time you find yourself driving home from work or on y

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

our way to the store and you drive by that same house that still has the for sale sign in the yard, you can b

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

Professional from academic institutions, pharmaceutical industries, health care indust

sure it won't be my sign - and you can bet that based on the condition of the home, the seller is asking to

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

much.

If you plan on selling your home, you should take note. All of the resources of the best Realtor in th

.

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

world can't sell a house that is overpriced for the market. The responsibility ultimately falls on the homeo

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

Companies that provide selfless information through particip

wner. You should make sure your Realtor is this honest with you - you will both be better off in the long run

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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