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Foreclosed real estate properties are those properties that have been used

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

by borrowers as collateral for a loan. Collaterals serve as a guarantee f

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

Examples of combination products may in

or payment of the loan. Therefore, in the event where the borrower fails

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

o pay for the loan, the bank or the lending institution will have the righ

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

t to foreclose the property as payment. Usually, banks and other financial

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

Combination pro

institutions want to sell foreclosed properties as early as possible sinc

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

this is a frozen asset of the bank or the lending institution. When we sa

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

y frozen asset, it means that the asset is non-productive and needs to be

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

converted into liquid assets.

If you want to strike a good bargain on for

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

closed properties, it is a good idea to find a bank or lending company tha

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

t has a number of foreclosed properties. The more foreclosed properties a

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

Following aspects would a

bank or lending company has, the more anxious they will be to dispose of s

dd to the challenges in developing combination products:

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

ch assets and free up some capital.

Once you find the right bank or lendi

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

ng company that has several foreclosed real estate properties, try to visi

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

t these foreclosed properties and inspect them thoroughly. When you are in

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

pecting the house, you should note all of the things that need repaired or

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

Professional from academic institutions, pharmaceutical industries, health care indust

cleaning and try to make an estimate in terms of time and money of what y

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

ou will need to spend to restore the house to its former condition. Most b

.

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

nks and lending institutions are willing to negotiate on prices of foreclo

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

Companies that provide selfless information through particip

sed properties so your notes will come in handy when you start negotiating

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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