Top Adding - Real Estate

So I recently came across a new investment opportunity by the lake. Waukegan, Illinois has been a depressed little city for the past 40 years. However, the city has been planting some seeds

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

over the past 5 years that are really beginning to bear some fruit.

If you go to the Waukegan Vision web page below you'll see that the city has invested and will continue to invest several m

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

Examples of combination products may in

llion dollars into bringing the city back to life. The city went out and hired the very best architecture & planning firm in the country in Skidmore, Owings & Merrill (SOM) to help them put t

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

gether a master plan for the next 20 years. After reading through the master plan and doing some of my own investigation, I've put together some of my thoughts on why I see so much opportuni

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

y in Waukegan.

History

Waukegan is home to the late great radio comedian Jack Benny. It's here where he grew up and went to school. Waukegan is also home to the newly renovated ($23Mil) Ge

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

Combination pro

esee Theatre , which has played host to many great acts including Jack Benny and Jerry Seinfeld.

Location, Location, Location

Waukegan has a perfect location right on Lake Michigan between C

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

icago, IL to the south and Milwaukee, WI to the north. Waukegan has some of the most beautiful beaches in Illinois and sits on the south border of Illinois Beach State Park. Home to one of t

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

he few public yachting clubs in Illinois, Waukegan also has a nice sized harbor with very reasonable rates on boat slips. The harbor is planning a complete renovation of the harbor starting i

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

2007. The harbor will be dredged and new floating docks will be installed to support the larger boats coming into the harbor. The city also plans to invest in protecting and reestablishing

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

he northern wetlands just south of the state park. They will achieve this by installing raised wooden pathways designed to support pedestrian and bike traffic and protect the fragile ecosyste

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

s there.

Transportation

The Metrarail stops in downtown Waukegan and can get you to downtown Chicago in just over an hour. This is a very nice convenience for those who are already doing th

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

Following aspects would a

commute to downtown. If they lived in Waukegan they hop on the train instead of dealing with the aggravation of traffic.

Business

Companies like Abbott Labs, Cardinal Health, US Navy, Grai

dd to the challenges in developing combination products:

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

ger, Hewitt Associates, Motorola, Six Flags Great America, and Baxter Healthcare are all within minutes of downtown Waukegan. These companies represent over 70,000 jobs in Lake County.

Curre

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

t Investment

The city is planning to upgrade and move the transportation center underground and create a park district directly above it. The new park district will run from Genesee Street a

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

ll the way down to the lakefront. The city will be able to host festivals, art shows, and other mixed-use activities here. This will allow easier access to the lake by pedestrians and bikes.

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

The city also has a new baseball stadium planned to attract more people to the downtown area.

The city has sold at least four different sites on or near the lakeshore to developers who will

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

Professional from academic institutions, pharmaceutical industries, health care indust

e building condos, town homes, and single family residences. Marquette Place http://www.marquetteplace.biz/ is the first development that is currently for sale with very reasonable prices sta

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

ting at $219,500.

I grew up in Southwest Michigan and I personally saw towns like South Haven and St. Joseph, MI reinvent themselves. I've heard of others like Racine and Kenosha, WI doing t

.

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

e same thing here in the past 10-15 years. Because of this, I see the same thing happening in Waukegan in the very near future. I think the opportunities are tremendous and investors and ho

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

Companies that provide selfless information through particip

e-owners looking for a home that will appreciate rapidly can look to Waukegan.

Websites of Interest http://www.waukeganvision.com http://www.geneseetheatre.com http://www.marquetteplace.bi

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.topadding.org.ua/article/139959/topadding-Investment-By-The-Lake-In-Waukegan.html">Investment By The Lake In Waukegan</a>

BB link (for phorums):
[url=http://www.topadding.org.ua/article/139959/topadding-Investment-By-The-Lake-In-Waukegan.html]Investment By The Lake In Waukegan[/url]

Learning is a lifelong process. If you are in your present job and want to move up, this article gives you information on why career-specific education is absolutely necessary.

Why it's foolhardy to gain Web market share with negative practices. Convert your competitor's into friends; the Net is too ever-changing for anyone to corner and proclaim as their own.

This article addresses issues that need to be considered when obtaining a payday loan.

Tags

Links

Top Adding - Investment By The Lake In Waukegan

Related Articles: