Actual - Real Estate

As mentioned in part one of this mini series, there are a number of important issues revolving around buying or selling a home that age

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

nts can’t, won’t or don’t tell you about because of certain discrimination laws and/or the fact that these issues can

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

Examples of combination products may in

be deal killers. Knowing about these issues could have a drastic effect on your willingness to buy a property and agents just aren&rs

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

uo;t going to raise these issues because raising them could result in reduced commissions or no sale at all. If you have not read par

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

t one of this series, I strongly suggest you do so to help protect your legal and financial interests. Consider:

ENVIRONMENT: They s

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

Combination pro

y one of the most important aspects of home buying is location, location, location, right? I humbly submit to you that behind that is

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

environment, environment, and environment! You can check the U.S.

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

nvironmental Protection Agency for all kinds of information in the target market you are looking at before you make a purchase you

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

may end up regretting.

DEMOGRAPHICS: Agents don’t like to talk specifics about this with people for discrimination reasons&helli

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

; so how do you find out the demographics of a market? Check out ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

">U.S. Census Bureau- Quick Facts The Census Bureau has a treasure trove of good information covering a wide range of data requirem

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

Following aspects would a

ents for individuals and businesses.

CRIME: Talk to the local police department and ask specific questions related to crime levels, ty

dd to the challenges in developing combination products:

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

e of crime, national and state rankings, etc and any other information relevant to your needs. You may even be able to research specif

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

ic information on your own using the Internet for statistical data

WALK THE MARKET: Last but not least, get out and walk the neighborh

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

od through the day and come back at night… late night say, around midnight, and drive around…. What do you see? Does the

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

market area look thuggish? What kinds of cars are in the driveway? What about surrounding neighbor hoods within a mile radius? Neigh

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

Professional from academic institutions, pharmaceutical industries, health care indust

orhoods can drift quickly and what looks like a nice area can be overrun with blight fairly quickly from adjacent problem areas.

The p

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

oint of these two articles is to highlight the impact the environment surrounding a home can have on present and future property values

.

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

Knowing about sexual predators, the quality of the school systems, EPA violations, crime levels and market demographics can have a hu

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

Companies that provide selfless information through particip

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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Actual - Things Real Estate Agents Can't - Won't Or Don't Want To Tell You (Part 2 of 2)

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