Top Adding - Real Estate

Finding that perfect new home is only half the battle: the rest is selling your current home. In years past, your rea

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

l estate agent would suggest an open house. But are open houses as effective as they used to be? Is it even necessary to hav

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

Examples of combination products may in

an open house in a popular community like Scottsdale?

Open houses are now a much debated part of the real estate bu

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

iness. Ten years ago, it was considered a necessity to attain good exposure.

Nowadays, most real estate agents will tell yo

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

that your chances for a quick sale are better if your home is listed on an internet site with a virtual tour. Surveys condu

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

Combination pro

ted by the National Association of Realtors, tell us 77% of home buyers shop online to find a home.

But does that mean that

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

open homes have gone the way of the dinosaur? Actually, there are some really valid reasons for having open houses.

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

pen houses give feedback about a home: let's assume you aren't sure what needs to be updated in your home. Sometimes you

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

are so close to the home that you miss the obvious. An open house gives you feedback from prospective buyers. Based on their

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

ideas, you'll learn how to make it more sellable.

Open houses highlight your community:

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

d is a hidden gem, if it has features people might not be aware of. An open house exposes potential buyers to it.

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

Following aspects would a

Open houses give "see it to believe it" homes exposure:

dd to the challenges in developing combination products:

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

the open house may redeem it. How many times have you seen "must see to believe it" listed on real estate sites? The open h

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

use shows it off without all the pressure of making an appointment, etc.

An open house won't necessarily generate

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

an immediate offer, but it does get people looking at it. Sometimes it will start a buzz about the house: potential buyers d

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

scuss the property with their agent, family and friends. Even with no offer, it can be a great publicity event.

Discuss you

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

Professional from academic institutions, pharmaceutical industries, health care indust

home and sales strategy with your agent. If you hold an open house, don't over expose it with too many of them. If you do,

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

our home may seem unwanted and desparate.

Before your open house, clean and organize. Your agent will have tips that make i

.

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

more attractive to the attendees. In general nothing turns off buyers more than a cluttered or unkempt home.

Putting time

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

Companies that provide selfless information through particip

nto your open house may generate a great offer, giving you lots of opportunity to move quickly into your new Scottsdale home

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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