Top Adding - Real Estate

Inland property in Andalucia has seen a huge growth in interest from overseas buyers in the last few years. Initially, no-one was more surprised than the Andalucians themselves. “Foreigners aren’t interested in th

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

e countryside”, people told us when we first moved to Andalucia. “They only want the beach”. How wrong they were! Thousands of foreigners, lured by the lower prices of inland property in Andalucia, have bought cou

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

Examples of combination products may in

try homes, ranging from rustic village homes to luxurious country villas with pools.

So what are the advantages of buying inland? Apart from the much more accessible prices, the Andalucian countryside offers a ve

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

ry different and, many would say, far more appealing lifestyle. In the villages of Andalucia, still mostly dependent upon agriculture, life moves at a much slower pace, in tune with the rhythm of the seasons. The

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

ighlight of each year is still the local village summer feria, when the normally frugal Andalucians enjoy several days of unlimited feasting and revelry. The cost of living is much lower in the countryside, and o

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

Combination pro

course, crime is much less of a problem compared with coastal resorts. Family ties are still vitally important to the inhabitants of rural villages. This is not to say that incomers are excluded. If they learn so

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

me Spanish and show interest in local traditions, foreigners are usually surprised by the warmth of the reception they receive!

The sheer beauty of rural Andalucia is another lure for the buyer of inland property

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

All kinds of landscapes await lovers of the outdoor lifestyle in Andalucia. The unusual moonscapes of El Torcal, the blue waters of the Chorro Gorge - a mecca for climbers, the breathtaking beauty of the Cazorla

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

ational Park, the rolling hills of the Sierra Morena: all these are wonderful places to explore!

Finally, for aficionados of ancient buildings, where else could you find so many cultural highlights from so many d

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

ifferent civilisations within such easy reach? The Moorish treasures of the Alhambra in Granada, the Renaissance Churches of Antequera and the glories of Seville, not to mention sites from Roman, Visigothic and ev

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

n Bronze Age civilisations, are all easily visited by the fortunate owners of property in inland Andalucia.

The first choice for second-home buyers always used to be the Costa de Sol itself. Buyers in inland Anda

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

Following aspects would a

ucia still like to be within relatively easy reach of the coast, particularly if they are hoping to rent out their properties. Hence the phenomenal interest in the area around Antequera which is within easy reach

dd to the challenges in developing combination products:

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

of both the coast (less than one hours’ drive) and all the cultural highlights of Andalucia. The village of Mollina, near Antequera, is now home to more than eight hundred foreign residents! Areas experiencing sim

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

lar growth include the Axarquia region, especially around Lake Vinuela, and the environs of Lake Iznajar in Cordoba.

There are, of course, many buyers whose Andalucian dream involves never hearing the voice of on

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

of their fellow countrymen again! Such buyers are now heading further inland. But the existence of a reasonable sized expatriate community can be an advantage. Whereas previous emigrants to Andalucia tended to be

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

retired, young families are now moving out, and catering to the needs of the expatriate population can be a useful source of income, especially for those who speak very little Spanish. For instance, in the Antequ

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

Professional from academic institutions, pharmaceutical industries, health care indust

ra area you can find British businesses specialising in areas such as pet care, hairdressing and property maintenance.

Another bonus for the property owner in inland Andalucia is that rural tourism (now heavily p

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

omoted by the regional government) is on the rise, making it easier to rent out a second home for holidays to help pay the bills! Much of Andalucia’s beautiful countryside is within an hour of Malaga airport, an

.

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

important factor for holidaymakers seeking rural tranquillity combined with easy access to Andalucia’s historic sights. Finally, the imminent completion of the AVE high speed train link from Madrid to Malaga, with

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

Companies that provide selfless information through particip

a new station at Antequera, renders inland Andalucia even more attractive to both Spanish as well as British buyers. It seems that this increasingly prosperous area continues to have an exciting future ahead of it

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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