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  • Actual - Sorry We Don't Discriminate - Couple Wants To Know The Demographics Of The Neighborhood

    We had an incident that happened to one of our agents that was indeed an "Eye Opener".

    We received a call fr
    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
    om potential buyers who told us that they were relocating to Florida.

    They wanted us to show them property i
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    n the ($285K-$350K) range. Only one catch they wanted to be shown homes in area`s where certain races don`t r
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    side!

    I found the request rather odd, after all I consider broward county to be a melting pot of people! Thi
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    s is a huge county to reside in!

    We explained to them that as Realtors we don't discriminate! We promised th
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    t we'll make arrangements for them to view properties in their price range, but as far as neighborhoods, they
    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
    can do the due diligence in making a decision where they'd like to reside!

    Our agent took them to 10 houses
    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
    they wanted to place an offer on one of the homes and naturally we started writing the offer.

    The couple st
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    art questioning us again about the neighborhood.

    The conversation is as follows:

    Couple: So the area, tell
    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
    e about it one more time! Is it a crime free area?

    Me: The neighborhood you selected has always been very po
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    pular for families, the schools in this area are exceptional.

    Couple: Great,but the flavor of the area can y
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    ou elaborate?

    Me: Flavor? The area consists of alot pf professional people who want to live in a beautiful a
    dd to the challenges in developing combination products:

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

    Couple: Look, we`re not going to just buy a home without knowing what type of people live here. I`m sure
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    you can tell us! After all we`re buying a home from you folks!

    Me: What do you want me to say?

    Couple: I w
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    nt to know the demographics of the area. How many Black,White and Hispanics?

    Me: Let me ask you a question,
    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
    do you like the house that you're placing an offer on? Did you drive around the area and notice the "Pride of
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    ownership" in the neighborhood? What would you like us to do?

    Couple: You know what, where we come from Real
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    tors comply with our requests.

    Needless to say, we stopped writing the offer and finally excused ourselves a
    .

    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
    d our services.

    The young couple smiled and got up from our conference table. I realized at that point that
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    these were "Testers" who check out companies to make sure they don't discriminate. I guess we passed the test


    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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