Top Adding - Real Estate

Are you thinking about selling your home? Have you been thinking of selling it by yourself instead of hiring

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

a real estate agent? There are several advantages of selling your home yourself, but there are disadvantages a

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

Examples of combination products may in

well. To make it easier for you to make a decision find the most important pros and cons below.

The most imp

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

rtant PRO for selling your home yourself is MONEY. Selling your home without the help of an agent means more

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

oney in your pocket! By selling it yourself you save the commissions and fees. - We are not talking about pen

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

Combination pro

ys, we are talking about THOUSANDS of dollars which you would have to pay an agent. Another advantage is tha

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

t you are able to decide the times for open houses and showings. It is also completely up to you where and whe

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

you want to advertise. Unlike a real estate agent who is selling many houses, you can focus on YOUR house,

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

ecause you are only selling your own house. It is obvious that you will have more interest in the sale than an

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

agent..

But as mentioned above there are also disadvantages selling your house yourself. Real estate agents a

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

e paid a lot of money for a reason. Selling a home takes a lot of energy and time. Dealing with potential buy

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

Following aspects would a

ers, open houses, closing sales and of course dealing with legal issues. Real estate agents are familiar with

dd to the challenges in developing combination products:

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

ll the above and their experience can impact the sale. Be realistic when making a decision! Will you drop ev

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

rything to make a showing? Do you think you are indeed a good negotatior and ask for an offer? Are you 100% s

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

re you are able to close a deal? Selling a home is a big project! It is not everyone who can take on such a b

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

g project and can stay calm and professional when dealing with buyers.

Selling your home is not impossible, b

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

Professional from academic institutions, pharmaceutical industries, health care indust

ut it is a challenge. If this challenge excites you and if you are willing to learn then it is not impossible

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

managing selling your home without the help of an agent. With some know-how and a lot of energy you can sell y

.

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

ur house without the help of a real estate agent and save thousands. So how to start? Sit down and start eval

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

Companies that provide selfless information through particip

ating your house. Finding the right price is the first and most important step when selling your home yourself

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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