Actual - Real Estate

Crooks of all crooks, which are the Real Estate agent in Spain! Greedy, bent and single minded, would you trust the agent you are buying from?

After wo

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

rking for a Real Estate company located on the Costa Blanca I thought I had landed on my feet working with a professional looking and respectable compan

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

Examples of combination products may in

y. As time drew on within the company I began to see the manner in which Estate agents really worked in Spain with potential property buyers.

If you ar

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

looking to buy a property in Spain there are a few things that might make things less stressful, costly and frustrating. Firstly, if you know someone w

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

hom has bought a property before and enjoyed a stress free experience with a certain agent – you may find this easier as you know they have had no issue

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

Combination pro

s to deal with. Secondly, make sure you use a COMPLETELY independent lawyer / legal team – ensure they have no connection at all with the Real Estate co

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

pany, as if they are in partnership they will do everything possible to push through the sale of the property. Even if there are legal issues with the p

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

roperty in question, i.e. debts remanding on the property or building certificates, etc – the lawyers’ job is to make sure that nothing prevents the sal

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

e from being completed.

If you can, after viewing a property – go back and speak to the owner directly, you will find that the owner’s price and Estate

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

agents price is a million miles away and you will save absolute thousands in agents over priced commissions even though you will infuriate the agents th

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

at you are using.

Due to the demand not being what it was for property in Spain and the vast amounts of property available on the market, it is harder

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

Following aspects would a

for Spanish property owners to sell their property for the price that they want and to incorporate the commissions that are put on top of that price by

dd to the challenges in developing combination products:

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

he agent. Therefore agents bully the owner, attempting to lower the owners’ price when they have a potential purchase to complete the sale often just to

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

put more money in their account not yours.

Real Estate agents in Spain, like any salesmen are interested in one thing - simply the deposit that secure

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

s the property and takes the property off the market, many agents will state that if you do not intend to complete the purchase the deposit will be lost

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

(in the agents pocket!!!).

Many an agent will state they are cheaper than they actually are - compare prices and make sure you do your homework before

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

Professional from academic institutions, pharmaceutical industries, health care indust

you make the jump in with both feet and put down your deposit.

Like all businesses, overheads and advertising needs to be accounted for and due to the

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

huge commissions that Real Estate agents demand for their over priced services the need for clients and leads is also covered by the ones whom are buyin

.

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

, so find be careful when you chose your Estate agent or as I have stated already – use one that a friend or family has used before, low commission agen

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

Companies that provide selfless information through particip

ts are few and far between – but there are some out there.

And best of all – go straight to the owner and save yourself thousands off the agents’ 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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