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The ski town of Park City Utah started out originally as a mining community so much of the mountains

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

surrounding Park City were once owned by some of the original mine companies. Over the years, Park Ci

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

Examples of combination products may in

y has evolved into a world class ski town. The 2002 Winter Olympics helped put it on the map. Since m

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

ch of the land was privately held by the mining industry it was possible to develop on the mountain a

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

the mining companies started to sell off parcels. The majority of other ski towns have their ski res

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

Combination pro

rts sitting on government held land so they aren't able to develop homes and condos on the mountain.

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

They are limited to areas at the base of the ski hill.

Ski in ski out property is a premium which ca

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

be compared to beach front property.

Park City offers an incredible selection of ski in ski out pro

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

erty to choose from compared to other ski towns. It is generally more affordable than other ski towns

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

due to the better supply. It's still a premium but a better value when compared to other ski towns wh

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

ch have a very limited amount. In Park City the price per square foot for ski in ski out condos and h

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

Following aspects would a

omes range from about $600 to $1500 per square foot compared to other communities running closer to $

dd to the challenges in developing combination products:

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

000 to $2000 a square foot.

There is also a better selection of new construction ski in ski out cond

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

s and homes in the Park City area. Many other ski towns have already built in their prime locations m

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

ny years ago. In Park City they are currently building new homes and condos in some of the most prime

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

locations for ski in ski out property. Many of the projects are pre-construction and so buyers genera

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

Professional from academic institutions, pharmaceutical industries, health care indust

lly need to only put 10-20% down prior to completion for many of these newer projects.

You can find

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

great selection of new projects at the Deer Valley Resort and the Canyons Resort. Park City Mountain

.

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

Resort has a limited amount of new construction projects but does offer some. The famous St.Regis is

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

Companies that provide selfless information through particip

lso building a luxury Resort & Residences with full ownership opportunities at the Deer Valley Resort

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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