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When selling your home there is a process that must be observed known as Property

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

Disclosure. This is when you as the home owner must list in detail, all problems

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

Examples of combination products may in

that relate to your home. Any negative aspects that could affect the value of th

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

e property are required by law, to be disclosed. Now, keep in mind that you must

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

only disclose that which you are cognizant of. However it is fraudulent to concea

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

Combination pro

l problems that you know about. Be honest about these things, it can save you a l

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

ot of money and trouble in the long run. What kind of things can affect the value

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

of your home and should be listed? There are numerous things that can fall into

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

this category. The most talked about drawback currently is mold. Other things suc

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

h as flooding problems, roof leaks, faulty wiring and plumbing are things that ar

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

e necessary to disclose.

A home inspection is a great way to discover any proble

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

Following aspects would a

ms that exist in your home. A good inspection will identify anything that would b

dd to the challenges in developing combination products:

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

e an area of concern to a new owner. However, if this inspection is done during t

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

he sale process it is not necessarily your responsibility to correct. It can, in

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

fact become a negotiating point for the sale. If there is anything that you are u

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

nsure of whether or not to disclose, it is a good practice to disclose it. Keep i

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

Professional from academic institutions, pharmaceutical industries, health care indust

n mind that the required disclosures vary from state to state, but the one thing

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

that does not change is that all known problems must be declared. Full disclosure

.

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

is always the best policy, it shows that you as a seller are a trustworthy indiv

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

Companies that provide selfless information through particip

idual and that you are concerned about the future of your home and its new owners

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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