Top Adding - Real Estate

Selling your home on your own, without a Realtor, is becoming less and less popular. T

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

his is surprising, considering that home values have skyrocketed and commissions have

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

Examples of combination products may in

risen along with them.

The money to be saved can be significant enough to attempt to

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

ell your home on your own. Especially when the market has historically low interest ra

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

tes and high demand in most areas of the country.

To sell your home on your own howev

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

Combination pro

er, you are missing the most significant marketing tool available to you. The Realtor'

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

Multiple Lisitngs Service (MLS).

70% of all home buyers start out on the web. So it

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

is crucial for you to be in the MLS. But, the challenge has always been that to be in

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

the MLS you have to sign with a Realtor at 6% of your sales price.

So if your home is

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

worth $399,000. You would spend 6% on your sales commissions. Not to mention your tit

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

le, escrow and other expenses.

So if you sell your house on your own you can save at

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

Following aspects would a

least $23,940 ($399,000 x 6%).

But let's get realistic. Most buyers work with a Realt

dd to the challenges in developing combination products:

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

r. So you will be spending at least 2% to 3% for the buyers commission.

I say you wi

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

ll be spending because even if the buyer is paying the agent as a buyers broker, that

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

will still reflect a lower offer to that takes into consideration the commission. So y

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

u are paying for the commission indirectly-yes?

Additionally, you will find that you

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

Professional from academic institutions, pharmaceutical industries, health care indust

will have a much better reach into your marketplace by being in the MLS.

So how do yo

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

u do this? Well depending on your State you can list your home for a flat fee as low a

.

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

$500. But, you get listed in the MLS with zero service.

But, you get the reach of al

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

Companies that provide selfless information through particip

l the buyers brokers that subscribe to the MLS and you still save 2% - 3% of the price

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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