Actual - Real Estate

So you scrimped and saved and found a way to buy your first home. You're proud of the fact that your efforts have earned you a substantial down payment, allowing you to get a smaller l

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

oan to pay for the house. Your friends tell you to get an interest only loan or a short term ARM. "Rates are much better," they tell you "and you can just refinance before it adjusts.

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

Examples of combination products may in

While it may be tempting, you're no dummy. "Only a fool would get something other than a 15 or 30 year fixed!" You can still hear the words of your father counseling you about the p

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

rchase. Not quite being able to afford the 15 year payment, you opt for the 30 year and couldn't be happier. Your rate is good, your rate is fixed, and your paying down your house wit

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

each payment. You did the smart thing . . . right?

While it's true that a 30 year fixed offers you the peace of mind that your loan will never adjust, there's a serious flaw that mos

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

Combination pro

people see but just don't grasp enough to do something about. Have you ever took the time to add up how much that peace of mind is actually costing you? Consider this: a $200,000 loa

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

n with a 30 year fixed rate of 7% takes 29 months and costs you a jaw dropping $33,000 in interest just to pay down a mere $5,000 of principal. Don't believe me? Find any online Amort

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

zation calculator and see for yourself. Doesn't seem very fair, does it? Let's be realistic about this. We all know that banks take quite a bit of risk in loaning you hundreds of tho

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

sands of dollars. They deserve compensation for their risk but $33,000 to your $5,000?! And that's just the first 29 months - over the entire life of the loan (30 years) that $200,000

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

will actually cost you a total of $479,000!!! I know it's a tough pill to swallow but relax, there IS a better way. . .

Enter the Mortgage Checking Account. By combining your mortgag

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

with your checking account, you can harness those lazy, idle dollars that sit in your checking or savings account at the end of each month and put them to use for you in your mortgage

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

Following aspects would a

in the form of paid down principal. Each month you start with a lower loan balance and since the payment is based on a daily balance, you pay less interest each month. Consider the fo

dd to the challenges in developing combination products:

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

lowing example: Let's take the same $200,000 we used in the previous example. Let's also say you make $4,000 per month in net income and that you pay a total of $3,200 in bills each mo

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

th, including you mortgage payment. That leaves you with $800 a month left over. You deposit your paycheck into your checking account as usual and after your bills are paid, that $800

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

that would have sat in your checking account doing nothing, now sits in your mortgage. You started with a loan balance of $200,000 but now, after only 1 month, you owe $199,200. And t

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

at's what next months payment will be based off of. Repeat this 5 more times and what would have taken you 29 months to do with a 30 year fixed, now took you a mere 6. The best part i

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

Professional from academic institutions, pharmaceutical industries, health care indust

s, however, what would have cost you $33,000 in interest, now was cut down to just under $7,000. Feel better?

It get's even better. Because this is a checking account, you can access

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

your money the same way you normally would with a conventional checking account. Free unlimited checks, on-line bill pay, ATM and a debit card can be used to access your cash or pay yo

.

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

r bills. This loan is a great tool for those wanting to pay their house off in half the time, reverse mortgages and investors looking to accumulate cash while saving 5% - 8% in interes

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

Companies that provide selfless information through particip

each month. While the mortgage checking account can be an outstanding tool for some, it's not for everyone and not everyone can qualify. Your money should work for YOU, NOT the banks

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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Affiliate marketing is an excellent addition for small to medium businesses to generate additional income. It's also a much cheaper alternative to traditional marketing or advertsing methods.

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