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Top Adding - Phoenix Real Estate Woes; A Silver Lining
It's An Ill Wind...
Headlines are a funny thing. By their very nature, they are, of course, designed to catch our eye. They are supposed to entice the reader to read further. Unfort
Headlines are a funny thing. By their very nature, they are, of course, designed to catch our eye. They are supposed to entice the reader to read further. Unfort
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
unately, in this day and age, few do. I mention this because a client recently pointed out a headline, in a local Phoenix newspaper, which said, or words to this effect "survey shows
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
Phoenix house prices to rise." Boy, was he excited; and no, he did not read the article. The poll was conducted, and I will not name names, by a cable company. Yes, a T.V. cable comp
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
ny. Respondents were invited to answer a series of questions by pressing a button on the remote. They overwhelmingly thought that house prices would rise next year. How unscientific
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
an you get? A poll is only valid when questions are asked of a broad-based demographic, in this case hopefully of people buying or selling a home in the next year, or at least having
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
the wherewithal to do so. Likely respondents in this "poll" could range from bored teens, the baby-sitter, folks trying to change the channel or even the family dog's errant paw. But
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
people point to the headline because they want to believe. The facts, unfortunately, might lead you to a different conclusion.
I decided to do some research to see where this might
I decided to do some research to see where this might
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
all lead. I picked an area, the type of subdivision of which there are many in the Valley of the Sun, again I won't name it, that had 37 homes for sale, all in close proximity, in th
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
$200-$300K range. Essentially, all were 3 bedroom, 2 bath, and essentially the homes were very similar, having been built by the same contractor. Of those 37, fully 29 were either v
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
cant or had a tenant. This means that 78% of them are owned by an "investor". What does logic tell you will happen to prices if some of these guys "start to panic", (if you are a sel
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
er), or "Get real" (if you are a buyer)? Couple this to the fact that the Builder is still frantically constructing more competition on a daily basis: Plus he is offering no-money do
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
wn, low interest rate financing, granite counter-tops and sundry other upgrades. Still think prices are going up?
Disaster, huh? Not at all. The vast majority of folks bought these
Disaster, huh? Not at all. The vast majority of folks bought these
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
omes 2 or 3 years ago in the $150-175K range. Admittedly, some folks who bought last year may have bought at the top, but historically all should be well over a 5 year, or more, peri
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
d. Just not in 6 months. But the folks who still have equity in their property get real stubborn. They hope against hope that prices will rise at the same rate they did 2 years ago.
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
xtremely unlikely. It never ceases to amaze me when, otherwise, sane folks; doctors, lawyers and other professionals, get real blinkered in the face of evidence to the contrary. Many
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
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
say to me, "I'll just rent it for 6 months, and it'll be fine...won't it?" It might but I somehow doubt it.
Let's look at the positive sides. For those folks who thought they had mi
Let's look at the positive sides. For those folks who thought they had mi
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
ssed out forever, on owning a home in Phoenix, here is another chance to get a foot on the ladder with sellers, both private and corporate, bending over backwards to help you. Have a
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
it!
This is also a great time to trade up. Remember, a year ago you were so happy your house was worth $500K? But sad also, because your dream home with pool and horse facilities o
This is also a great time to trade up. Remember, a year ago you were so happy your house was worth $500K? But sad also, because your dream home with pool and horse facilities o
.
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
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
an acre was $1,000,000? Well guess what? This year your house is only worth $350K, but your dream home is now only $700K. So last year the move would have cost you $500K ($1,000,000
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
- $500,000= $500,000); This year it will only cost you $350K to effect that move. What are you waiting for?
Seafaring folk have an old saying "It's an ill wind that blows no good...
Seafaring folk have an old saying "It's an ill wind that blows no good...
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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