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The Boston Real Estate marketplace just got a new suite of Real Estate services. NetShareRealty

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

out of Charlestown, MA just opened its doors as a discount real estate brokerage offering clien

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

Examples of combination products may in

ts up to 25% back of their commission on any real estate transaction.

This however is not a new

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

trend. Earlier this year Redfin out of Seattle Washington noted they are going to open their B

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

ston office in early to mid May of this year. Redfin who has successfully opened Seattle and Sa

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

Combination pro

n Francisco on the west coast is looking to expand its discount real estate model across the U.S

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

. With these new concepts, what is going to happen to traditional real estate brokerage in Bost

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

n? “Spice’n things up,” notes; Anthony Longo, Founder and CEO of condoDomain.com

“The discount

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

real estate brokerage is a good thing as long as it is properly presented to the client and fid

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

uciary duties are carried out ethically and professionally,” notes Longo. Many agents and broke

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

s feel the same way Longo does and believe consumer choice is key and professionalism within the

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

Following aspects would a

marketplace is a must.

From for sale by owners to premier full-service brokerage Boston is soo

dd to the challenges in developing combination products:

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

n to have a lot of choice. The key behind all of this choice is technology, specifically the In

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

ternet. The Internet has led to the disintermediation of the large brokerage-office offerings.

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

Companies such as Coldwell Banker, ReMax, Century21 are still market leaders, however, are by no

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

means the market crutch. Agents and Brokers with a little knowledge of technology and a person

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

Professional from academic institutions, pharmaceutical industries, health care indust

ality can now go out and compete with these mega-companies.

Boston Real Estate is in for a chan

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

e this year and time will tell as new market leaders rise to the top. Blogger’s will now start

.

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 take a more important roll of what is really going on with the Boston Real Estate market and

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

Companies that provide selfless information through particip

consumers will have more choice and options when buying or selling a piece of Boston Real Estate

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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