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  • Top Adding - Finding a Home With Resale Value

    If you are looking to buy a new home, try to find a home that will have a good resale value down the road. This concept applies to first time home buyers who ar
    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 just looking for a “first home” as well as home buyers who plan on living in the home for the rest of their lives. It is important for both types of home buye
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    rs to have an exit strategy so that if you for some reason needed to sell your home in the future, you would be able to. This exit strategy is even more relevan
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    t with the cooling housing market we are experiencing. There are seven basic areas to consider for resale.

    1) Bedrooms and Baths: Most people who are looking f
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    or homes want at least 3 bedrooms and 2 bathrooms. If you find a 3 bedroom and 1 bath house that you love, do not completely rule it out simply because it lacks
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    the second bath. You can always add it on to the house later, but it will probably cost more to add it than it would have cost to just buy a house with 2 bathr
    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
    ooms to begin with. So, just get accurate estimates from contractors so that you can compare house prices. Also, buying a house with more than 3 beds and 2 bat
    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
    hs is a good idea, but do not feel the need to buy that extra room simply for resale if you do not need the extra space.

    2) Kitchens: Look for spacious kitchens
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    that are open (and preferably with a window). If a kitchen seems outdated (older appliances, bad color schemes, etc.), then it may be a good idea to make a lis
    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
    t of repairs along with price estimates when you compare homes to buy. Buyers want functional kitchens with nice appliances.

    3) Garages: In Charleston, SC, it
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    is harder to find homes with garages compared to some other parts of the country. However, we have so many clients who make this option a required part of thei
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    r home search criteria. The more searches you can make your home fall under, the more likely your house will sell. So, try to get a house with a garage (even i
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    f it is just a one car garage).

    4) Lot sizes: Many clients make minimum lot size requirements the way they make garages a requirement in their home search. De
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    pending on the area, large yards can be hard to come by. But, people always want that extra room and privacy. So, look for homes with at least .2 acres.

    5) Fi
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    replaces: Having a fireplace is not as important as having a garage, but it is definitely a desirable feature and can actually be a selling point for a house.
    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
    Wood burning versus gas logs is always a mixed debate, so just look for a fireplace in general.

    6) Square Footage: Many of our clients make minimum square foot
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    age requirements in their home searches. Look for homes with at least 2,000 square feet. Rooms over the garage (sometimes called a ROG) are also great if they
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    are finished (then they are called a FROG).

    7) Swimming Pools: So many neighborhoods either have community swimming pools or are close to public pools. If you
    .

    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
    really want a home with a private pool, look for homes that already have them built. Paying a contractor to build a new pool will never give you a full return
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    on your investment – instead you will lose money. It would be better to use the extra money towards buying a nicer or larger house when it comes to resale value


    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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