Actual - Real Estate

Whether you are a single unit landlord or a multiunit operator, the safety of your residents should be a primary concern. The safety of your residents and the perception of safety are major factors in a resident’

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

s decision to sign another lease. Property managers suffer high turnover and lose substantial profits by not attending to safety concerns.

The perception of safety is not only a main ingredient in a resident ret

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

Examples of combination products may in

ntion program; it is also a critical factor for bringing in new residents. Along with price, location, amenities and appearance, the perception of safety weighs heavily in a prospect’s decision. Families with chi

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

ldren and female residents are especially sensitive to these factors.

The first step in implementing a safety plan is to screen residents and employees thoroughly by not only checking their credit but also doing

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

a criminal background check. Property managers need to be especially vigilant to not allow sex offenders, thieves, drug dealers and criminals with violent histories into their properties. It is wise to demonstrat

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

Combination pro

that management takes due diligence in screening both residents and employees. The news is littered with instances where residents and properties suffered as a result of hostile actions by unscreened residents a

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

nd employees. Property management and landowners leave themselves open to lawsuits by allowing dangerous criminals into their property. Imagine the horror and implications if a sex offender violated another resid

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

nt because the property manager did not screen properly.

The following tips will demonstrate to residents and prospects that management is serious about resident safety. These are tips that should serve as the b

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

asis for a general safety plan that should be written down and distributed to staff and residents. If implemented correctly, these tips will become a guide for future modifications and additions.

· Awareness of

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

urroundings continues to be the best protection for resident and property. Residents should be encouraged to meet and know their neighbors. Property managers should always be promoting community through events or

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

community website activity. It is recommended that they use the website to document a community watch program.

· The staff should be always display an ID card and door-to-door solicitors should be banned. Reside

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

Following aspects would a

nts and staff should always be on the look out for suspicious strangers and unusual activity. This includes unknown packages and unattended vehicles.

· Parking areas, entrances, offices, hallways, clubhouses, st

dd to the challenges in developing combination products:

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

irways, laundry rooms and other common areas must be well lit and locked. (Never allow entrances to be propped open) Burned out light bulbs should be changed immediately and angled mirrors installed. · Always cha

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

nge the locks when new residents move in and install 1 1/2in+ deadbolts. Install wide-angle peepholes with a cover to prevent outside to inside viewing. These doors must remain locked. Doors to the outside should

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

be metal or solid 1-3/4"hardwood and fit their frames tightly, with no more than 1/8 inch space between the door and frame. It is recommended to place crime prevention sticker on doors and windows.

· Install ala

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

m systems.

· Sliding glass doors and windows must be secured with commercial locks and anti-lift devices as well as a wooden dowel to jam the door. Ground level windows must be protected with bars that can be op

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

Professional from academic institutions, pharmaceutical industries, health care indust

ened from the inside.

· Trees and bushes must be trimmed at the ground level while obstacles and debris, which might impede a clear view, must be removed

· Residents must be discouraged from putting spare keys

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

nder the doormat, in the mailbox or anywhere thieves may look.

· Residents must be encouraged to put timers on lights, radios and TVs when not at home to give the appearance of someone living there.

· Never put

.

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

full names on mailboxes or directories.

By following these tips and being extra vigilant at all times, property managers can add one more details to the mix that makes their property a desirable place to live a

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

Companies that provide selfless information through particip

d a place people can call “home”. Residents will stay longer, prospects will want to move there and profits will increase. Newsletter

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 - 10 Tips to Secure the Safety of Residents

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