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Finding the right real estate agent right from the start is the best way to go. However there are five signs it is time to find a new real estate agent.

Under some circumstances it is acceptable to stop

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

the buyer or seller and agent relationship. However, it is a good idea to look at any contract you might have signed.

The first step in terminating your real estate agent is to make sure there is an ethi

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

Examples of combination products may in

cal or legal reason to do so. Many times a problem between seller or buyer and agent can be resolved by simply by talking about the problems. There are reasons certain results occur in the real estate mar

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

ket and it is a good idea to have a clear understanding of what a real estate agent can do and is obligated to do.

Clear expectation of what can be expected is a good start of any relationship, especiall

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

y a business relationship. Here are a few areas that you can know an agent should do for you. If these expectations are not fulfilled it may be a good time to see what options are available for finding a

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

Combination pro

new real estate agent.

1. The agents should get the best possible price and terms for the person they are representing. If there is cause for concern of the loyalty of your agent to you, after talking ab

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

out it with your agent this could be cause for termination of the real estate agent.
2. The agents must disclose all material facts pertaining to the property. This would be like old, and bad plumbin

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

. A roof that leaks, or a foundation that is cracked. If there is areas that you can see the agent is simply not being honest about the property, this could be a reason to change to a different real estat

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

e agent.
3. The agent should disclose facts that would pertain to any type of price fluctuation. This would be like death, divorce, illness, moving out of the country etc. If they are the buyers agen

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

t. If the agent is a seller’s agent they cannot release any personal information about the seller without the sellers permission. If the agents are representing the seller and the buyer, they cannot relea

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

se any information that is damaging to either side. They must maintain an ethical approach to do the best they can for both parties
4. If the agent is not up to date on their licenses and you find th

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

Following aspects would a

at they are representing themselves in a false manner, this may be cause for switching to a new agent.
5. You should receive adequate response to your calls and questions and should see a reasonable

dd to the challenges in developing combination products:

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

amount of acquirements into your home if you are selling. Therefore, you should be able to see work done by your agent. This is in the form of calls, shows, listings, and open houses. If you do not see t

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

his, it could be cause for releasing your real estate agent.

There are a few things that dictate the rules that a real estate agent should follow, here are those:
• Federal Fair Housing Act
•

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

tate Real Estate Laws
• National Association of Realtor's Code of Ethics
• Employing Broker's Guidelines
• Lawsuits

There are some requests an agent cannot accommodate due the

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

laws that dictate to them rules and responsibilities. Therefore if there is a request you specifically have and do not understand why your agent is not able to follow through with that request, ask them w

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

Professional from academic institutions, pharmaceutical industries, health care indust

hy. You will probably find there is a good reason.

Before terminating the relationship between you and your real estate agent, be sure to communicate with your agent your concerns and questions. If the c

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

ommunication is not resulting in the needs you have being taken care of within a reasonable fashion, you need to read your contract and negotiate the terms for dismissal of that agent. Use caution when go

.

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

ing from one agent to another. It can become a battle for commissions if you do not clearly state what your plans are to the prior agent and to the new agent.

If you have reviewed your legal and binding

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

Companies that provide selfless information through particip

contract and there is a limited time frame, you can see if the time frame is over. That is very simple, and then you can inform the agent you want to go with someone who is more able to fulfill your needs

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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