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    Are you thinking of selling your house? Don’t feel like paying the steep 6% real estate agent commission? You’re not alone. Many homeowners will 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
    ttempt to sell their home on their own, prior to listing it with a real estate agent. Selling a house on your own can save a lot of money, but it ca
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    n also cause a lot of stress. Escape some of that stress by avoiding these 3 common mistakes.

    Mistake 1 – Marketing

    The first thing many people do
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    is run to their local newspaper and place a for sale ad in the classifieds. While the idea behind this is good, the results rarely produce the desi
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    red outcome. The problem with listing a home in the newspaper is that most people don’t buy a house out of the newspaper. Think about how you found
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    the house when you bought it. Chances are you didn’t look in the newspaper to find your home. If you are like most people you probably decided on
    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
    an area that you were interested in and began driving around that area looking for homes for sale. In fact most people know the area they want to li
    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
    ve in before they truly decide to start “looking”.

    Probably the most important marketing tactic you should employ when selling your home is adequate
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    signage. I don’t mean just a single red “For Sale By Owner” sign stuck in the front yard. That should only be your start! You need to identify th
    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
    e two closest major streets and have directional signs (arrow signs) pointing the way around every turn all the way to your home. Your signs should
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    raw people in from these major streets.

    Mistake 2 - Presentation

    Curb Appeal and Staging are two terms you have probably heard in relation to prese
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    nting a home for sale. Curb appeal has to do with the way the home looks when someone pulls up to the house. Many experts will tell you that the bu
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    yer has already made up their mind about your house before they get inside! That being the case you need to have a clean, warm comfortable approach
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    to your house. Your front door should be attractive (paint it!) and the yard should be well groomed.

    Inside your house you should stage it such tha
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    t it looks livable but not lived in. The dozens of family pictures and nick-knacks need to go. Leave only the large furniture and large pictures.
    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
    Don’t over crowd the house with unnecessary items. Keep the kitchen clean and make sure there is a pleasant smell throughout the home. You may wan
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    t to boil some cinnamon sticks or put a few drops of vanilla on a cookie sheet and place it in a warm oven.

    Mistake 3 – Selling

    Your house is worth
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    more to you then it is to most other people. Too often owners trying to sell their home set the price too high and loose the “market pop” you get w
    .

    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
    hen you first put a property up for sale. Setting the price too high can discourage interested buyers before they give your home an honest chance as
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    a potential new home.

    Doing these things will help save you time, money and stress when selling your house! Put them to work and enjoy the results


    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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