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Actual - Home Staging - How Much Is Just Enough?
So, you decided to invest a few hundred dollars to prepare your house for sale. But how much should you budget? H
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
ow much home staging is enough? And what are the top priorities?
These are the questions which I often encounter
These are the questions which I often encounter
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
from clients. The answer is – it depends! Each house and each situation being unique, so is the approach to stagi
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
ng your property. But we’ll try to give you some general rules and tips to help you evaluate what needs to be done
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
to sell your house quickly and for most money.
On average, you should plan to spend between 0, 5% and 1% of the p
On average, you should plan to spend between 0, 5% and 1% of the p
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
roperty’s market price on fixing it up and staging it.
How do you decide where should your money go? A good start
How do you decide where should your money go? A good start
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
ing point is to walk through your house and examine each room – be critical and objective. If a room looks small,
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
cluttered and/or unclean, put it on the “to do” list. If you notice things which need to be repaired, your visitor
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
s will too, so put the items to be fixed on the ”to do” list as well (cracked and chipped paint, dirty /old carpeti
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
ng, broken door/closet handles, missing/broken lights, doors that don’t close properly, missing/broken tiles, etc).
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
A clean, bright, spacey and freshly painted house is already an excellent start to your home staging project! Act
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
ually, you are 80% done at that point.
The rest are final touches which will take your property from ordinary to W
The rest are final touches which will take your property from ordinary to W
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
ow. Depersonalizing, optimizing your living space, as well as adding a few tasteful accessories will insure that y
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
our house looks its best and is ready for dozens of potential buyers. If you can’t stage the whole house, focus on
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
the main areas: entrance/hall (that’s where the first impressions start), Living room, Dining room, Kitchen and Ma
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
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
ster bedroom. If you are able to, stage a bathroom as well. Don’t forget the outside – make sure it looks clean a
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
nd up kept.
In general, when staging, a golden rule is “Less is more”. It sounds obvious but it’s not, especially
In general, when staging, a golden rule is “Less is more”. It sounds obvious but it’s not, especially
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
if you are living in the house. So, if in doubt, ask your realtor or a professional staging consultant to give 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
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
u a hand – staging services are not very expensive, as a few hours of their time will usually suffice and it will b
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
e worth the money as it will come back to you many times over at the sale time. Stage your house – sell your house
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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