Answers - Real Estate

When sellers add contingencies, it is usually just a couple that can be easily amended, and which do not cost the buyer much. Yet, when buyers add con

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

tingencies, on the other hand, seller may face delayed expenses, such as on home inspection defects, or may confront the possibility that the house would

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

Examples of combination products may in

not sell at all.

The Miami real estate market today is a buyers’ market beyond reasonable doubt. When a contract comes through in such a market, a

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

seller must keep his or her emotions leveled down. One does not have to roll over and play dead with accepting any terms that the buyer may offer. Conside

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

r that you have a contract in your hand. While the buyers may have dozens of other homes to choose from, they have chosen yours because it obviously accom

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

Combination pro

modates the specifications that they are looking for in a house at the price they more than likely prefer. If this is the case, the seller must concentrat

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

e on the terms. In today's Miami real estate market, if your house is priced properly, then you only have to concentrate on terms in order to get a winnin

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

deal on the board.

The challenge of admitting a contingent contract in many MLS in the Miami real estate scene is that the status shifts from Active to

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

Under Contract/Contingencies. The problem with this is with so many homes on the Miami real estate market, roughly 99% of buyer agents only look through a

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

ctive listings for their buying clients. These agents rarely seek out listings with Under Contract/Contingencies status. Of course, they are evidently in

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

negotiation with a buyer already.

Hence, switching the status may mean a home for sale would linger towards closing while lingers toward closing while wa

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

Following aspects would a

iting for the buyers’ home to sell. On the contrary, the buyer becomes much more stimulated to sell and may be willing to put down the price at once in or

dd to the challenges in developing combination products:

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

der draw out a quick sale.

The utmost contingency present in contracts today is the home inspection, which may seem to be daunting. But instead of fearin

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

g this contingency, the shrewd seller will carry on his or her own home inspection and fix the problems before the buyer finds something later. Make sure

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

verything in the house work properly, without clutter and unpleasant smell so that it would be pleasing to the buyers.

For those who love to do everythin

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

g by themselves, make sure you have the permits or the necessary professional inspections to show that you did the work right. Some sellers redo the plumb

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

Professional from academic institutions, pharmaceutical industries, health care indust

ing or electrical work. In other words, the Miami real estate seller who prognosticates th

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

e challenges from a buyer will certainly have a competitive advantage. Never wait till you discover that the house you are selling has termites. Check for

.

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

these as well as uncovering defects, no matter how minor, before these create a surprise to potential buyers who come over and check the conditions of th

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

Companies that provide selfless information through particip

e house you are selling. The practical advice is to be amenable to accepting contingencies, and to be willing to negotiate to make it work for you as well

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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