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Buying an apartment may consume a great deal of time. But, there are ways to cut on load and save on time. An ideal way to scout p

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

roperties is to search online. Since you are looking at the same properties as another investor, it is not always easy to beat the

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

Examples of combination products may in

competition to narrow down on the best deal. The demand for residential property in India is even higher than the other two segme

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

ts of the real estate i.e. commercial and retail.

Outline below are some key points that you must take care of after choos

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

ng an apartment:

Know the built up area: Depending upon the square feet, the price of apartment can vary consider

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

Combination pro

bly. In case, a builder has quoted Rs. 2,000 per sq ft. of built up area. The carpet area will range in between 65%-85%. This impl

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

es that for every 2,000 sq ft built up property, the carpet area could differ between 1300-1700 sq ft. It means that the price wil

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

easily range between Rs. 26 lakh – 34 lakh. Whether you purchase residential property or apartment, make sure to check the break

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

p as mentioned in your agreement.

Inspection: Buying an apartment either for personal use or investment is one of the

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

argest investments done by any person. Therefore, it is utmost important that the property is inspected thoroughly. Indeed, it cou

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

d save you a lot on the cost of maintenance later.

Prepare your Checklist: You may have nurtured a dream of owning a h

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

Following aspects would a

me for years. This makes your home extra special.

● Ensure to take care of each and every minute detail related to your

dd to the challenges in developing combination products:

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

property. Studying the market trend helps you to materialize the best deals with the best value offers.
● Get the photo

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

opies of all deeds of title related to the property to be purchased. Taking a legal opinion through an experienced lawyer can help

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

you to establish the property ownership.

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

● Checking the approved layout plan and building plan with number of floors and square footage approved against what is bui

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

Professional from academic institutions, pharmaceutical industries, health care indust

t in property.
● Once you have made the full payment of the apartment, get all legal possessions of the property along

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

with documents related to title in original from the property seller.

Understanding the sale deed: The sale deed is 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

egal document that contains the details of both the seller and buyer of the property. It gives the buyer an absolute and undisput

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

Companies that provide selfless information through particip

d ownership of property. The sale deed is also known as conveyance deed

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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If it is at all possible, you should start your business without any funding beyond what you have available. Do this by starting slowly and in conjunction with present employment. Start your business by working evenings and weekends while keeping your present job as long as practicable. This way, if the business does not meet your expectations, you have not incurred debt and will still have a job!

You are in need of money to purchase a car. You don’t want to keep your home as collateral. In this case unsecured loans are best option to fulfill your dream without taking a risk of losing your home.

Stock option trading can be considered as one of the most financially rewarding strategies one can become involved in. Sometimes, this becomes a destructive investment plan, though. Stock option is the ‘right’ to purchase a stock at a given price within a specified time. Stock option trading is largely dependent on certain factors, such as name of the associated stock, strike price, expiration date, and the premium paid for the option, plus the stock broker’s commission.

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