Top Adding - Real Estate

Today’s slow housing market requires home sellers to make their homes more appealing to potential buyers.

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

Realtors are frequently forced to advise sellers that a price adjustment is needed, in an effort to make

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

Examples of combination products may in

their home more competitive. These “adjustments” generally start with a decrease of $10,000.00 off the a

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

king price and then continue going down until the house sells or the homeowner decides they can’t go any

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

lower and will wait it out.

Many realtors feel that price adjustments are the best way to move a house w

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

Combination pro

hen it has been sitting for a period of time. If homeowner wants to sell their house quickly and for as m

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

ch equity as possible while avoiding a price adjustment they need to stop thinking of their house as thei

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

r home but as a product.

The home owner needs to look at their surroundings with an objective and critic

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

al eye and try to visualize how potential buyers will see their home.

• Will others see the master bedro

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

m with the king size bed that barely allows enough standing room as cozy or cramped?

• Will others LOVE

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

the chartreuse painted walls in the kitchen as much as they do?

• What about those pink flamingos in the

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

Following aspects would a

front yard? Will that say home sweet home to someone else?

Potential buyers want to see themselves livi

dd to the challenges in developing combination products:

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

g in the space and need to connect to what they see. Of course, someone with the same appreciation for pi

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

nk flamingo’s might happen by their house, but is that a chance that a seller would want to take with one

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

of their biggest investments?

Home sellers can hire a professional home stager or stage the property on

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

their own by highlighting a home special features and minimizing the flaws to create an impressive and in

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

Professional from academic institutions, pharmaceutical industries, health care indust

viting space. Home Staging is different then interior decorating in that home staging strives to appeal t

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

o a wide range of potential buyers and not specific styles and tastes. Home staging uses design principle

.

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

to draw attention to special features of your house and make less desirable features work.

“While there

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

Companies that provide selfless information through particip

may be an initial cost to make these changes it will be far less then a price adjustment on your propert

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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