Top Adding - Real Estate

With the pace of time Indian real estate market is emerging as one of most lucrative options for in

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

vestment in the world markets. Since the amount of investment is large, the investors first want to

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

Examples of combination products may in

know about the credential of developers and the number of project developed by them before taking i

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

vestment decision. A large number of NRIs, besides motive of investment, want to buy world class re

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

idential accommodation to resettle in India as the growing economy of India also offers huge opport

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

Combination pro

nities.

According to the statement of an IT professional, India is also offering very bright and c

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

allenging prospects equivalent to any other world class universities and that is why the NRIs elite

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

group is in no mood to stay abroad and anxious to come back to India.

The present worth of real es

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

ate is around $ 16 billion and may reach approx. $60 billion by 2010. Needless to mention heavy-wei

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

ht investors from across the world may also enter in the fields of real estate and infrastructure.

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

The main factor behind the rapid growth of real estate has been the boom in IT and ITES industry. I

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

Following aspects would a

t is expected that the industries would employ around four million people by 2010 which will consid

dd to the challenges in developing combination products:

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

rably increase India’s GDP as well as foreign exchange inflow in future. The other factors which bo

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

st the real estate and infrastructure development in India are that generally acceptable English la

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

guage is widely spoken here and talent pool is unlimited as the country churns out around 15 millio

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

graduates every year. As compared to U.S, the man power cost is also cheaper in India by 10 – 14%.

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

Professional from academic institutions, pharmaceutical industries, health care indust

As per the recent survey, only one quarter of Indian population lives in urban areas whereas China

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

s ratio is 40% and that of Eastern Europe is two-third. Urbanization in India is still far from ove

.

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

and government is promoting smaller as well as new cities at a faster pace and thus provides a saf

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

Companies that provide selfless information through particip

heaven for investment in real estate (particularly Delhi & NCR) to the buyers throughout the world

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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