Actual - Real Estate

In talking to a few Realtors (R) in my area about Staging they all say the same thing. "Lots of people need to do it but i

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

t is hard to convince them"

I have to ask myself, why would it be so hard to convince someone that if they put a little m

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

Examples of combination products may in

oney into their home they will get much more in return? Staging your home is not expensive, it is not like hiring an inter

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

ior designer. We (Stagers) are there to work in your time frame and budget to make sure your home sells for what it is wor

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

h. Even if all you take is the consultation and do the work yourself, you are stopping potential buyers chipping away at t

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

Combination pro

he asking price. You pay a realtor 5-6% to market your home, why then would you not make sure that your home is marketable

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

?

As a home owner myself I know there are things about my house that I am used to (squeaky floor, dirty windows, really b

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

ad front door). I do notice them but they are not important aspects of my home, I look at the beautiful fireplace in the m

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

in room, the 3 bathrooms and 5 bedrooms, all the positive things about the house. A potential buyer will see those too but

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

in the back of there mind they will remember the front door, making a mental note that they will need to replace that, th

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

e squeaky floor will cause them to imagine the worst about the structure. They will put a price on these things, usually w

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

Following aspects would a

ay above what it would actually cost. This gives them a bargaining chip when they put in an offer.

A Home Stager will com

dd to the challenges in developing combination products:

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

in and look at the home through the buyer's eyes. We point out things that you either don't notice anymore or don't think

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

are that important. The first visit the Stager has with you will be about 2 hours (depending on the size of your home), w

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

e will look at the home from the outside to determine the curb appeal. This is, without a doubt, the most important part.

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

(A potential buyer will decide if they like your home in the first 8 seconds). Then we will go through your home

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

Professional from academic institutions, pharmaceutical industries, health care indust

s a buyer goes through, making notes about the good and the bad. We want to show off the positives and minimize the not so

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

positives. We are not there to criticize your decorating or the way you live in your home we are there to reorganize, red

.

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

uce and refresh your home so that it will appeal to the broadest range of potential buyers.

If you are selling your home

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

Companies that provide selfless information through particip

or thinking of selling, hire a Stager for a consultation. You will be pleasantly surprised at what we can do for your home

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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