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When you are selling your home, you want to get the most money out of your home as you possibly can. After all, the more money you get from the buy

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

er, the more money you have to put down on your next home. Also, you have likely spent many years in this home and have made many memories there.

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

Examples of combination products may in

You don't want to let it go for a mere few dollars above what you paid, you want someone to have to pay for those memories that you made there.

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

n a way, your realtor wants the same thing, and they want the house to sell rather quickly. They want the best fair price for your home because the

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

higher the selling cost, they higher their commission. To achieve fair market value on your home, your realtor will use a comparative market anal

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

Combination pro

sis, which is based on information from several similar properties in your area. A good, fair analysis will use information from properties 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

re on the market, ones that recently sold, and ones that were taken off of the market because they did not sell. The current sale price of similar

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

omes will give the realtor the information they are looking for to be able to fairly price your home. The cost of the homes that did not sell cou

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

d likely be too high for buyers in your area, and that will be taken into consideration by your realtor when the value is placed on your home.

The

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

air market value of the home is the price that a buyer is willing to pay and the price that the seller is willing to receive. In the real estate wo

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

ld, there are many people that are looking for a house to purchase at any given time. If the cost of the home is too high, thus meaning the value

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

Following aspects would a

is not fair market, then the large market of house hunters is wasted on your home. The overpriced home is probably the biggest turnoff to someone

dd to the challenges in developing combination products:

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

that is looking for a new home for themselves.

Keep in mind when someone is looking to purchase a home, they will likely look at several homes in t

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

e area that are similar in size and amenities. The buyer will weigh the features against the price and decide which home offers them the best "bang

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

for the buck" so to speak. Most buyers are not out house hunting to find a steal or a great bargain on a home, they are out looking for a home th

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

t is fairly priced for the amenities that it carries. If they have been shopping the market, and they see that your home is overpriced, they will

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

Professional from academic institutions, pharmaceutical industries, health care indust

likely refuse to even look at your home, thus losing another potential sale. You and your realtor may know that your asking price is $15,000 higher

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

than what you would actually take, but no one else knows that. It is best to price your home at fair market value and negotiate if necessary.

If

.

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

you think that your home is worth more than anyone has been willing to pay for it, then you are likely wrong. The value of your home is subjective

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

Companies that provide selfless information through particip

o what people will pay for it, not what you think you should get out of it. Remember that the pricing of your home is best left to a professional

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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