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India’s property markets are frenzy and are being driven largely by the rapid expansion of its information technolog 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 y industry and the simultaneous growth of its middle class. Boom is being witnessed by the commercial property sect ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in r. Properties are being transacted at unbelievable prices. The land prices currently prevailing in IT spaces have sh 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 up three to four times of what it was two-three years ago.
Currently the country’s commercial and residential 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 l estate market is valued at about $50 billion now, and is expected to grow 25% annually. Whether from investors po d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro nt, buyers or price everything is gearing up to steep heights.
According to a research there are thousands of comme 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 cial projects springing up across the country with the total Commercial activity index jumping to 60 in June from 58 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 3 in May with the sharp acceleration of commercial property in June & positive signals for the third quarter.
Such nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically sharp acceleration is visible from the fact that 18 million square feet of commercial buildings were erected in 200 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 & year 23 million sq. ft. of will pave this year & by 2009 the toll will touch 50 million. The areas where major i ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi vestments are being generated are Bangalore, Mumbai, Hyderabad, Chennai, and Gurgaon, a suburb of New Delhi & furthe ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a r extending its proximity to second-tier cities such as Pune in the west, Jaipur and Chandigarh in the north, and Ko dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod kata in the east.
All these are making MNC’s & foreign investors India as a keen target to invest. & the country is cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin being considered as the “the next big thing” for investment.
Under this many Israeli Companies have not far in the tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen ace lined up for major investments giving neck to neck competition to powers like China. So also the various joint 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 entures inflowing by different players like Big Shopping Centers (2004) Ltd who recently mounted up an Indian subsi ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust iary with a local partner owing 60% in the venture & plans to build commercial centre making an investment of USD 4 y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products million.
All these are universal to the fact that there is a real hunger for new construction to keep tempo with . 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 elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip 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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