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Property in Bulgaria has caused so much activity amongst all involved in the overseas property industry that you can easily get

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

dizzy from the amount of information and property available in the region. One thing is for sure Bulgaria as an emerging marke

; 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 is set to change the former member of the Soviet Union forever

Bulgarian facts

Bulgaria officially the Republic of Bul

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

aria is a country in Southeastern Europe, It borders the Black Sea to the east, Greece and Turkey to the south, Serbia and th

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

Republic of Macedonia to the west, and Romania to the north, mostly along the Danube.

Modern Bulgaria

Bulgaria opened its do

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

Combination pro

rs to tourism and foreign investment the early 1990s. Bulgaria's 8 million inhabitants live in an area as large as England and

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

njoy an attractive mix of landscapes which have made Bulgaria such a popular holiday destination. Its sunny Black sea coast att

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

acts holiday makers in the summer. Its Ski resorts in Bansko, Barovets and mount Vitosha make it an affordable place to ski in

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

he winter. The quiet Bulgarian villages, historic buildings and cosmopolitan cities make it ideal place to visit all year round

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

Investors tip the Capital Sofia as a sound place to invcest in property abroad.

Property in Sofia Bulgaria

Sofia is getting

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

icher and is definitely on its way up both business and tourism help make the city an attractive place to invest. Businesses ar

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

Following aspects would a

setting up in Sofia and evidence around the city is clear with impressive modern buildings, multi national company offices, BM

dd to the challenges in developing combination products:

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

and Porsche dealerships to name but a few. Tourists visit the city all year round, helped by low cost airlines flying into Sof

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

a Airport. The impressive architecture makes Sofia a good place to wander around; churches such as the Aleksander Nevski Memori

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

l Church will always attract those looking for a relaxing city break. Property investors buying property in Sofia do not need 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

rely on seasonal tenants to fill their investment properties. The combination of local and foreign employees and visitors to S

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

Professional from academic institutions, pharmaceutical industries, health care indust

fia make the city an attractive place to invest.

Buying property in Bulgaria the process

Buying property in Bulgaria means in

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

most cases that overseas property buyers will need to set up a limited company. The exception to this is when a buyer purchases

.

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

a leasehold property such as an apartment. In this case you do not own the land and therefore foreign buyers can buy Bulgarian

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

Companies that provide selfless information through particip

roperty without the need to set up a Bulgarian registered company. Entry to the EU in 2007 will hopefully see these rules chang

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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It takes money to start a business. And you may very well end up borrowing. You need to plan carefully to avoid sinking into a bottomless pit of debt.

Article discussing unique way to attract buyers and sellers in your own community.

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