Top Adding - Real Estate

When purchasing a home, there are many factors to consider. So many, in fact, that it is easy to overlook, or forget to research the neighborhood that surrounds your “perfect” home. Recently, I made a

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

horrible decision about a neighborhood, which ultimately ruined my hopes for a quick turn around on my investment. Whether you are purchasing a home for yourself and your family, or as an investment, it is im

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

Examples of combination products may in

erative that you understand the dynamics of the neighborhood.

Take the time to explore. If you are gregarious, with a penchant for organizing community events, and getting to know your neighbors by na

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

e, look for signals that the neighborhood is welcoming and open to your personality type. If there is no evidence that the homes in the neighborhood are inhabited except in the mornings and evenings, this is

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

robably not the neighborhood for your community spirit. On the other hand, if you notice a few tire swings, families walking dogs, and signs posted announcing the next community meeting, you might have found

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

Combination pro

he perfect spot!

One word of caution though; I recently read a story in the local newspaper about a neighborhood association that cited a homeowner for failure to keep his yard mown to specifications.

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

The homeowner was rightfully upset in my opinion, because the untrimmed lawn was temporarily graced with a blanket of bluebonnets, whose short season of beauty should always take precedence over any neighborh

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

od restrictions! When the gentleman pointed out the fact, the homeowner’s association rightfully rescinded the citation. Score one for nature and for Texas!

Visit your prospective neighborhood at differen

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

times of the day, especially weekends. Investigate all property restrictions and any homeowner’s associations that require membership. If possible, attend a homeowner’s meeting, and familiarize yourself

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

ith the names of the officers. Force yourself to knock on doors and introduce yourself as a prospective friendly neighbor. The neighbors are usually as curious about you as you are about them, and it is a nic

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

way to show your interest in becoming part of a community.

If there are homes for sale in the neighborhood, do your homework! It is particularly important to know the facts about how long homes in th

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

Following aspects would a

e neighborhood have been on the market, as well as the asking price, and whether it has been adjusted. With the help of the Internet, this is an easy task, and will definitely help you make a wise decision.

dd to the challenges in developing combination products:

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

b>If you have children, visit the schools your child will be attending. A school around the corner can be either a great asset, or a pain in the neck. Schools are usually very welcoming to visitors, and t

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

achers are easy to meet, and schools are a great snapshot of the general make-up of a neighborhood.

Finally, look closely at any commercial areas that are near, or in the neighborhood. Like schools, n

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

arby shopping can be wonderfully convenient, or horribly detrimental to your purchase. When I purchased my property for investment, I failed to perform my due diligence, which turned that deal into a real sti

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

ker! At first, I thought the corner store was great, but I had neglected to visit the neighborhood at night. I soon found myself saddled with a house located in the middle of a drug-infested area. The beautif

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

Professional from academic institutions, pharmaceutical industries, health care indust

l back yard I had looked forward to enjoying, was really just a way station for needle users and crack smokers. The local law enforcement in the small town seemed to have given up on attempting to control or

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

hut down the thriving drug business that operated out of the store that was located just two houses down from the one I had so unwisely purchased.

With any major purchase, it is imperative that you resear

.

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

h as much as you possibly can. I learned my own lesson the hard way when my property was invaded and most of my personal belonging stolen to feed someone’s drug habit. Fortunately, I was able to resell th

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

Companies that provide selfless information through particip

house, but it took me six months. I hope that my experience will serve as an example of how to make the worst mistakes possible in a home purchase, and that you will learn to avoid making regrettable choices

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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