Top Adding - Real Estate

Buyers are more knowledgeable and discriminating with the internet, buyer agency, and required disclosures FSBO home se

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

llers have it all stacked against them. It’s more important than ever to get the information you need to be armed with

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

Examples of combination products may in

the facts so you can avoid the mistakes that can cost you months and thousands of dollars.

1)Analyze Why You Are Se

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

ling – You need to know but the buyer doesn’t. Don’t let the buyers or buyer agents on to your reason for selling.

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

our best answer to the question why are you selling? Is, our needs or requirements have changed.

2)Set Your Price –

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

Combination pro

/b> Your reason for selling will determine how you price your home. The price you set will tell the buyers the maximum

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

you think the property is worth. Your main concern should be how much you have in your pocket after closing and how lon

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

the property is on the market during the sale process.

3)Condition of The Home – Buyers and buyer agents will

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

now when your home is in pristine tip top shape that you mean business when it comes to a higher asking price. Your hom

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

is being compared to others in regards to price and condition if either one is not equal to the other the buyers will

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

now and move on.

4)Easy to Get Information – Yard sign with an 800# 24 hour recorded message. E-mail visual tou

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

Following aspects would a

rs and photos to friends, neighbors, and co workers. MLS and Realtor.com use real estate agent websites. Newspaper adve

dd to the challenges in developing combination products:

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

tising use short ads 3-5 lines with an 800#.

5)Understand Your Buyer – You don’t want to give out your inform

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

tion, but you always want to know what’s going on with the buyer. Ask questions determine their goals, objectives, and

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

heir financial ability. The more information you have the better bargaining position you are in when negotiating.

6

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

Home Inspections – They are a standard in today’s world of home buying and selling. Its best to be ready and way ah

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

Professional from academic institutions, pharmaceutical industries, health care indust

ead of the game by getting your own inspection and having all repairs complete. This will help with your required discl

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

sures and put everything on the table no questions asked.

7)Paperwork – It may be in your best interest to hire

.

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

a Real Estate Attorney to review all your paper work. The legal requirements we have in the real estate business has co

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

Companies that provide selfless information through particip

e full circle in protecting buyers rights. Don’t save a few hundred dollars to lose thousands in court or lose the sale

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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