Actual - Real Estate

2005 is gone. Thank goodness, now people that were getting priced out of homes have a chance to

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

purchase homes again. Now buyers won’t have to make multiple offers on homes that have been torn

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

Examples of combination products may in

up by homeowners and renters. Sellers are cleaning up and lowering prices Arizona Real estate i

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

a better place.

Arizona has approximately 44252 single family homes for sale as of May 23, 20

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

7. The key to selling a home in this market is having an aggressive price and a very desirable h

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

Combination pro

me (clean). Sellers are currently competing against new home builders that are willing to go to

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

just about any length to sell the new homes even some are willing to purchase your home at 90%

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

f appraised value just to get a sale. Some of the new home builders are offering free pools, car

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

, on top of price reductions

The type of buyers searching for homes can be very aggressive with of

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

ers going 5-10k under asking price and asking the seller to contribute to buyer closing cost on top

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

of the lower offer. They have some money down and can afford the payments.

Changes in loan and

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

Following aspects would a

mortgage programs also are putting a large strain on the zero down low credit buyers. People tha

dd to the challenges in developing combination products:

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

could have bought a home that have been waiting for the bottom of this market are now unable to

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

purchase homes because they cannot get qualified as they could have before. Lenders really chan

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

ed the criteria of what type of credit and debt to income ratios they will lend to.

Although we

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

ave this situation in 2007 we can also look at the growth around the valley. The growth is not st

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

Professional from academic institutions, pharmaceutical industries, health care indust

opping. The planning in Buckeye and Surprise alone is huge. Buyers that have long term real esta

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

e goals in Arizona might have a great

.

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

uying opportunity now when sellers are willing to help with closing cost and come down on the pri

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

Companies that provide selfless information through particip

e. The sellers that get it are selling and buyers are getting a cleaner home with a better price

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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