Answers - Real Estate

Many homeowners have pets and consider them to be a part of the family. When it comes to selling you residence

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

, however, pet issues can become a stumbling block.

Pets and Selling Your Property

As painful as this is to

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

Examples of combination products may in

rite, pets nearly always hurt your efforts to sell that home. I love animals as much as you, but they are red

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

flag for most buyers. This is true even if the buyers have their own pets!

The first problem with pets has to

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

do with odor. If you have a dog, there is a part of the carpet or home that smells like them. You may not noti

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

Combination pro

e it, but buyers will. Even if there is no spot, buyers will assume there is and you have just managed to cove

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

r the smell up. Potential buyers will also assume the pet has “had problems” on the carpet one or more times.

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

leas, ticks and bugs may also come to their mind. Essentially, the presence of a pet gives potential buyers th

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

e chance to add negative marks to the ledger when deciding whether to make an offer on your property. Obviousl

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

, you want to avoid that as much as possible.

A second problem with pets is personality. Every pet has a pers

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

nality and we grow fond of it. Keep in mind, however, that potential buyers may not be so receptive. While you

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

Following aspects would a

consider little fido to be active and talkative, all the barking may annoy a potential buyer. If you have a d

dd to the challenges in developing combination products:

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

g, there is the secondary problem that they naturally like to approach new people and sniff them often at crot

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

ch level. This is not a good way to score points with a potential buyer.

Finally, you may run into the situat

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

on where a potential buyer simply does not like animals. Yes, such people are out there.

When it comes time t

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

list your property for sale, you need to address pet issues. If it is possible to have a friend watch them, d

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

Professional from academic institutions, pharmaceutical industries, health care indust

o it. If not, it is important that you keep them outside as much as possible. Yes, even if they give you that

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

orlorn look that they have mastered over the years. It is only until the home is sold, so you both will just h

.

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

ave to tough it out.

At the end of the day, you have to decide how willing you are to lose a potential deal b

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

Companies that provide selfless information through particip

cause of your pet. With a slowing real estate market, you should not be throwing wrenches into potential deals

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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