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Top Articles - Tucson Real Estate - Growth Continues
Salutations everyone! Just a brief update on the continuing growth of Tucson real estate market in Pima County, in particular the Northw 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 est side of town. The town of Marana, which covers approximately 120 square miles, has been experiencing rapid growth the past few years ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in With a soon-to-come Town Center consisting of a mix of commercial, residential, and corporate/public uses the town is anchoring a solid lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. foundation of a market that is already attracting large developers eager to take advantage of the swelling population. Tangerine Ro here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe d Developments One of the more exciting developments to come is the Westcor development, a 295-acre spread located at the I-10 and d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro Tangerine Road interchange. This large commercial project is tentatively planned to include a regional mall, an automall, a theater and 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 hotel. How exciting! With a new grocery complex (Fry's) starting construction in Gladden Farms later this year and a planned elementary 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 school in the same area, Marana's vision for growth is becoming a reality. And this is just west of I-10! East of I-10 on Tangerine Ro nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically d is the Dove Mountain community which is nestled at the foothills of Dove Mountain (where the 2007 PGA Accenture World Match Play Tourn 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 ament was held in February of this year). There are talks from Ritz-Carlton to construct one of their largest resorts in the WORLD in Ma ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi ana! Twin Peaks Road Development Approximately 10 miles south of Tangerine on I-10 the town of Marana is planning to finally be ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a gin construction on the new Twin Peaks Interchange. Slated for completion in 2009, this interchange will be anchored by a proposed $100 dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod illion, 1.3 million square-foot retail "power center" called the Marana Spectrum. This 170-acre site just east of I-10 is planned to hav cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin e approximately 100 stores anchored by at least 3 stores of 100,000 square feet or more. Trico-Marana Road Developments There a tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen e also plans for a new I-10 interchange north of Trico-Marana road (a few miles north of the Marana Road Interchange). This interchange 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 is being built by the developers of the Villages of Tortolita to facilitate access to their upcoming development. The Villages of Tortol ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust ta will consist of 6,500 homes and will include shops, parks, apartments and office space. With all of the above planned developments b y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products eginning in the near future the Town of Marana is laying the foundation for a rock-solid commerical, residential and luxury community. 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 g-name developers are taking notice and are eager and willing to take part in the explosive growth that lays ahead. When the major I-10 elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip renovations are completed from Prince to 29th Street Marana will be a major center of attraction for both residents and businesses alike 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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