Actual - Real Estate

We drive by them everyday abandoned houses, commercial property, apartments all boarded up some fenced in. They’ve been t

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

here for so long it doesn’t register any more doesn’t trigger us into action. There is gold in those boarded up propertie

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

Examples of combination products may in

follow these 7 steps to make small changes in how you do business.

1.A New Start – Tomorrow start with a new per

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

pective know in you mind that you have missed a great deal of opportunities in abandoned properties that were in front yo

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

all the time. Drive slower, look at every property you go by with your new eyes. Drive a different way each day.

2.B

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

Combination pro

rd-dogs – Hire a bird dog; pay by the lead or by commission. Just get someone out on the street actively looking for

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

acant properties. They are out there ready for you to make an offer. Banks and dead-tired owners are waiting for you.

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

3.Real Estate Agents – Don’t waste your time they have already had these properties listed and couldn’t sell them. Th

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

se are the dogs that nobody wants anything to do with. No commissions for agents here.

4.When You Find One – Now

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

he real work starts. Sometimes it is easy to find the owner through the tax records, no problem. If that doesn’t work try

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

the neighbors’ maybe they know something. What’s next how about hiring a skip tracer private investigator could be expens

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

Following aspects would a

ive $400 or $500 to make $25,000 you do the math. Abandon run-down properties are usually that way for a reason, nobody

dd to the challenges in developing combination products:

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

an contact the owner.

5.Found The Owner – Find out what they know about the property. It may be Uncle Charlie’s h

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

use left to them in his will and they don’t want anything to do with it, an opportunity for a good deal. Again it could b

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

the whole family knows about it and they have been waiting years to get their piece of the pie, maybe not such a good de

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

l.

6.Offer an Embarrassing Amount – Remember it’s abandoned nobody wants it. To get your point across use photos

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

Professional from academic institutions, pharmaceutical industries, health care indust

ith your offer, maybe the City Building Dept has notices posted, danger signs. Use anything ugly, photos of other ugly pr

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

perties near by or newspaper articles about the neighborhood.

7.Closing the Deal – Use your real estate attorney

.

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

o prepare the paperwork and close the transaction. Before money changes hands, do your due diligence, have it appraised,

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

Companies that provide selfless information through particip

rder Title report and insurance, a survey, research building code and health code violations. You should be ready to go

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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Do you prepare yourself well for your attendance at business events? Marketing Master, Catherine Franz shares seven tips on how you can prepare and increase the odds of success at future functions.

They can be asked to pay more money to start the Escrow Account, although it was already collected. As their net income and disposable income are their bread and butter, they may not have the additional money to pay.

When in need of financial assistance, there are many of us who go out and try to obtain a loan. When you need money, it is likely that you will want to get that money as soon as possible.

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