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Every spring, as the snow melts and the chairlifts stop running, ski resort real estate markets experience a significant rise in the number of new listings coming on the market. This

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

makes the season between Easter and Memorial Day the time of year when prospective real estate buyers have the greatest number of properties to choose from. The reasons for this are

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

Examples of combination products may in

as follows:

Many ski resort property owners hold their ski homes and condos for occasional personal use while renting them out to vacationers for most of the year. Although most sk

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

i resorts are increasingly becoming year round destinations, the majority of real estate rental income is still being made during the winter months. Many owners put their properties

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

up for sale after they have made their winter rental income with the hope of not having to pay the carrying costs of the property during that time of year when rental income is somewh

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

Combination pro

at lower.

Also, even those ski resort property owners that have their resort homes and condos primarily for personal use typically do so for the purposes of family ski vacations. As

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

kids grow up, parents get older, and grandchildren become part of the family, vacation choices and residence needs change. After one last ski season in a particular residence, many

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

amilies choose to put their property on the market with the intention of upgrading to something larger, downgrading to something smaller, or cashing out of the ski resort environment

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

altogether.

Finally, and perhaps most importantly, spring and summer is the time of year when the most potential real estate buyers are looking for something to purchase. This is tr

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

ue across the American real estate market in general but is especially true in ski resort markets for the following reasons:

While most people first visit a ski resort area during th

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

e wintertime, they need to experience that area during the spring and/or summer as well before making the decision to purchase something there.

Also, since a great deal of ski resort

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

Following aspects would a

real estate is held for rental income purposes, and since the ski season is the time of year with the lowest vacancy rates, this is also the time of year that prospective buyers are

dd to the challenges in developing combination products:

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

the least likely to be able to gain access to a home or condo that might be of interest to them. If a property is being rented out to a vacationer, the rental management company hand

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

ling the property will not allow access to anyone else as doing so would certainly generate complaints form the guests. Prospective buyers know this and therefore schedule their prop

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

rty viewing appointments during those times of year that they are most likely to gain access.

Finally, in addition to the simple matter of availability mentioned above, driving aroun

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

d looking at property in winter conditions is not always a particularly pleasant experience. Many people would much rather spend their vacation time on the ski slopes than in the car

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

Professional from academic institutions, pharmaceutical industries, health care indust

during this time of year.

And in the case of vacant land, snowshoes are often required to walk a property in the wintertime and engineering reports like wetland surveys and septic s

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

ystem studies need to be preformed in the spring and summer anyway.

For all of these reasons, on both the buying and selling side of the equation, the springtime and early summer is

.

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

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

Companies that provide selfless information through particip

ce: Publishers are free to republish this article on an ezine or website provided the article is reprinted in its entirety, including copyright, and ALL links remain intact and active

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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