Top Adding - Real Estate

Unless you are the most detailed and disciplined person, your home has some problems with it. When you deci

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

de to sell, should you fix the problems first or make the buyer?

Make Repairs or Not Before Selling Your H

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

Examples of combination products may in

me?

The age old quandary for sellers is the condition of their property before they list it for sale. Ther

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

are always a number of small defects or problems. Simply put, they need to be fixed. The question, however

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

is should you go ahead and do it or have the buyer do it by selling the home “as is?” Obviously, the choi

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

Combination pro

e is subjective, but it usually pays to make the repairs ahead of time. There are a number of reasons for 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

is approach.

When you go to sell a home, you have to keep in mind that you are competing with other homes

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

hat have been listed. Buyers often see the potential in a property, but the need for repairs can sabotage t

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

is. The small problems consciously or sub-consciously tell the buyer the home has not been maintained. They

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

often start to wander whether there are other problems they just haven’t found. When push comes to shove, t

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

ey may take a home in better condition over yours. In short, making the repairs before listing the property

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

Following aspects would a

is a good way to beat the competition and get a quick sale.

A secondary issue with the decision on repairs

dd to the challenges in developing combination products:

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

is control. Simply put, you are in a much better position to control the cost of repair if you do it before

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

the listing. If you leave the process to the buyer, there is some risk that the buyer may come back and com

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

lain that much larger and more expensive repairs are needed. Once you give control of the repairs over to t

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

e buyer, you could end up seriously regretting doing so.

The final reason to do repairs prior to listing a

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

Professional from academic institutions, pharmaceutical industries, health care indust

home is the valuation of the property. You might be surprised to learn that a home in tip top shape is goin

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

to be valued higher than others in the area. Appraisers are human beings. A home that is in excellent shap

.

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

generally is going to get a better appraisal than one that has problems.

At the end of the day, only you

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

Companies that provide selfless information through particip

an decide the best course of action on repairs. In most situations, it makes sense to do them ahead of time

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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As consumer-buying power widens, so are shopping options. Included in those ioptions are mail order catalogs. Started by Aaron Montgomery Ward in 1872, this line of shopping has brought millions of products to many consumers who prefer to shop at home. As a travelling sales man, Aaron Ward realized that his rural customers, the fishermen and farmers could be better served by mail order. This innovation proved to be a revolutionary idea as the single paged catalog expanded to 540 paged illustrated publications selling over 20,000 products. The publication of this catalog bears similar resemblance to the publication of magazines and is also distributed usually via postal service or via the Internet.

Lynn VanDyke starts her 4-part article series with a bang! This is a great piece about content and how to use it effectively for building a web business.

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