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Answers - Selling A Home - What Attachments Stay or Go?
The home selling and buying process can be confusing. This is especially true when it is a FSBO (for sale by owner) operati
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
on. It’s even tougher when neither the seller nor the buyer is in the real estate business. This article sorts through what
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
stays in the house or condo when it’s sold.
Attachments – Literally!
In most states, the term “attached” takes on a uniq
Attachments – Literally!
In most states, the term “attached” takes on a uniq
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
e meaning in real estate. Essentially, it boils down to this, “If it’s attached to the real estate, it’s no longer personal
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
property.” Practically speaking, anything attached to the home stays with it when ownership is transferred. Applying this
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
oncept, it’s easy to see why chandeliers, doorknobs and kitchen cabinets stay.
To determine whether something stays or goe
To determine whether something stays or goe
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
s, focus on the attachment issue. Plants can often be a confusing item. Generally, it they are planted in the ground, they
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
stay. If they are in planters, they go. With other items, just look to see if they are attached to the property.
I Am Sell
I Am Sell
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
r – Hear Me Roar!
If you’re a seller, you’ve probably spent a good bit of time and effort on the property. What if you wan
If you’re a seller, you’ve probably spent a good bit of time and effort on the property. What if you wan
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
t to take a few attached items with you? Can you legally keep it? What if you’re thinking, “That fixture hanging over the b
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
eakfast table has a real Tiffany shade? It was a wedding present from Aunt Elizabeth. I’m keeping it!”
Keep your shirt on.
Keep your shirt on.
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
There are a couple of ways that typically work when you want to keep an item or two of this sort. The first is to simply s
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
tate in your offering “blah, blah, and blah do not convey.” (If it really matters, call an attorney to get the language rig
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
t) This approach has one drawback. Human nature being acquisitive as it is, your buyer will probably immediately want at le
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
ast two and the items will become a bone of contention.
There is a better way to deal with this situation. Before putting
There is a better way to deal with this situation. Before putting
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
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
ou home on the market, remove all items that have become attached to the real estate. Buy another hanging lamp, hang it and
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
pack your Tiffany lamp. Do that for all items of this sort. Be sure to replace each with something attractive and do it we
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ll enough that it’s not obvious that a change has been made. When prospective buyers look at your home, everything they see
.
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
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
will stay with the home. You are happy, they are happy, everyone is happy! Life is good.
Analyze your home for attachments
Analyze your home for attachments
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
before you put it on the market. You wouldn’t want to make Aunt Elizabeth angry by losing the wedding present she gave you
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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