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By European standards, Turkey is huge – around half as large again as France. When it joins the EU in the next ten years or so, it will in fact become the largest member sta

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

te – so when it began its application for membership last year, it witnessed a flurry of foreign investment, particularly from Dubai, which will help boost its already fast-

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

Examples of combination products may in

mproving infrastructure.

With a steady increase in annual tourism, Turkey is experiencing an unprecedented level of international exposure and this is, in turn is creating

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

ore tourist interest and increasing demand for Turkish property. The value of Turkish property is expected to appreciate in beach front areas by as much as 50% initially, wi

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

h forecasts for the next two to three years reaching 100%.

These promise to be fascinating times: all this increased investment will stimulate the Turkish economy and – giv

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

Combination pro

en their relatively modest starting point – capital growth rates should fare very well, particularly along the Aegean and Mediterranean coasts, where Brits are most likely t

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

invest.

The area around Dalaman and Antalya are particularly popular amongst Turkey property investors as the Turkish government is improving the tourism infrastructure in

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

an attempt to make these areas the most popular of Turkey’s top tourist attractions.

Dalaman is seeing enormous investment including the expansion of Dalaman airport, the b

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

ilding of three marinas and the areas first golf course. Antalya is now the second most invested city in Turkey after Ankara and Istanbul, with new road networks, golf cours

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

es and hotels. As this investment programme is only in its early stages, property prices have not yet reacted. This is certainly an area of great potential to property inves

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

ors.

The number of Britons owning property in Turkey recently jumped by more than 200 per cent in one 18-month period, and what’s more, it is now possible for foreigners to

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

Following aspects would a

get a local mortgage, which will further encourage this ripening market. In addition to growing political optimism, buy-to-let investors are relishing a tourism boom: a tota

dd to the challenges in developing combination products:

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

of 21 million visitors came to Turkey in 2005, a massive 22-per-cent increase on 2004. This year, the government’s target is 26 million. The lion’s share of those 26 millio

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

n will be visiting west- and south-coast resorts, which are becoming increasingly famous and fashionable.

Given Turkey’s prospects for the years to come, investment is look

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

ng like the sensible thing. And thanks to its size, it won’t run out of coastline for a while yet.
10 Reasons to purchase a home in Turkey
1. Property prices are s

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

ill lower than equivalent European hot spots
2. Cost of living is 1/3rd of that in the UK
3. The Mediterranean coast offers an all round season for good holiday

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

Professional from academic institutions, pharmaceutical industries, health care indust

ental opportunities.
4. Excellent property investment growth is predicted with holiday operators and airlines increasing capacity.
5. Low property acquisition an

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

d ongoing taxes
6. Fastest going economies attracting large corporate investments
7. Rich in cultural history and ancient historical ruins
8. Excellent roa

.

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

and air networks providing good infrastructure around the country
9. Turkey has some of Europe’s attractive and stunning beaches making it a very popular holiday dest

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

Companies that provide selfless information through particip

nation
10. Voted 3rd in the A Place in the Sun television programme to buy property (2005) and 4th most popular as a destination by the A Place in the Sun reader (2006

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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