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Sacramento Real Estate - February 2007

February results for the Sacramento real estate market was better than January but prices

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

continue to slide. Looking at the four counties that make up our local Sacramento market, Placer, Sacramento, El Dorado and Yolo,

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

Examples of combination products may in

we see price declines in each compared to last year.

In Sacramento County the February sales volume of existing and new homes in

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

luding condos was 1,222. This is slight increase from January when we had sales volume of 1,178 but the median price paid was dow

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

n 6.98 percent from a year ago to $356.250. The good news for sellers in Sacramento Counties is the median sales price increased

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

Combination pro

onth-over-month. In January the median was $349,000.

In Placer County, DataQuick News, reports that 494 homes and condos were so

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

ld during the month February with a median price of $440,000. Compared to Februarys 2006 when the median price paid was $465,000

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

this is a drop of 5.38 percent. The good news in Placer County is sales volume exceeded the January results by almost 20 percent

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

The larger communities in the county, Roseville, Lincoln and Rocklin all had volume increases from the previous month but still

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

have price declines year-over-year. In Roseville there were 195 homes and condos sold with a median price of $420,000 which is up

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

rom $380,000 and only off by .36 percent from a year ago. In Lincoln where 122 sales were recorded with a median price of $434,00

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

Following aspects would a

0 we find this was an increase from the reported January median of $410,000 but down 9.77 percent from last year. Finally, Rockli

dd to the challenges in developing combination products:

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

n had 73 sales during February which is up from 60 in January but the median of $434,000 (same as Lincoln) shows a double digit de

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

line of 13.2 percent from a year ago. The reported January median sales price was $449,000 in Rocklin which was a 6 percent incre

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

ase in the year before.

In El Dorado and Yolo counties the reported February sales were 153 and 106 respectively. The median sal

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

s price in El Dorado was 480,000 and is only off 1.34 percent from the previous year. The community with the largest number of s

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

Professional from academic institutions, pharmaceutical industries, health care indust

ales was El Dorado Hills where 64 homes were sold in February with a median price of $592,000 which is a drop of 7.4 percent from

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

last year. In Yolo County the reported median was $400,500 down, 10 percent from a year ago. Almost 50 percent of the Yolo Cou

.

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

ty sales volume came from West Sacramento where 51 homes were sold in February with a median price of $363,000. For all communiti

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

Companies that provide selfless information through particip

es in the Sacramento area the price decline year-over-year was one of the highest with a drop in the median price of 24.53 percent

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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Most off us want our beautifully crafted web sites to do well in the search-engine ratings, - perhaps even to make it to the first few pages in Google, - which would somehow justify all the long and late hours we put into getting it ‘just so’.

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