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Over the past 20 years, thousands of UK residents have acquired a property in Spain, and a consistent and substantial growth in UK property prices has provided the opportun

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

ity for many people to achieve their dream of owning a second property. Reasons for considering a purchase of property in Spain can vary greatly. Some people might look for

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

Examples of combination products may in

a holiday home for the family or perhaps a retirement home; others might look to make an investment on a property, perhaps to take advantage of market growth.

Many of the

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

long-standing resort areas of Spain have seen a downturn in development of property construction, which is partly due to the availability of new areas of the country. Whil

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

e Costa Blanca remains popular with property buyers, lesser-known parts of the country, such as Costa Calida are now becoming more established.

Potential property buyers w

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

Combination pro

ill undoubtedly have different needs in terms of location and property type, and these needs will be dependent on the purchasers’ motive for securing a home in Spain. For e

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

xample, a speculator might seek to buy into the early stage of a new property development, whilst a holiday-home buyer might look for a property close to the beach. For man

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

potential buyers, another consideration might be the proximity of the property development to an airport. This is an important factor in allowing quick and easy access to

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

their property; Costa Calida and Costa Blanca are well served in this regard, with year round flights from many UK and Ireland airports.

Consideration of road travel times

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

is less important than in the UK, with the achievement of a significant road improvement programme; and with less cars per kilometre on Spanish roads, journeys are relativ

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

ely straightforward. Furthermore, most property developments are situated only a short drive away from towns and cities and can cater for all modern life requirements, whil

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

Following aspects would a

e numerous traditional Spanish villages provide a glimpse of life as it once was.

For golfers, the Murcia region of Spain is famous for its many golf courses. In fact, the

dd to the challenges in developing combination products:

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

region is home to La Manga Golf Club - the scene of many international tournaments – and one of the most prestigious golf clubs in the country. For an investor, golf cours

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

es are a major draw and properties situated on or near golf developments greatly enhance the possibility of frequent lets of accommodation to leisure golfers.

Before buyin

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

a property in Spain, it is important to conduct some detailed research. Although much of this research can be done at home through magazines, the internet or attending an

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

exhibition, take some time to research the desired location along with what’s on offer, thus ensuring the perfect investment for you. It is also helpful to consult a knowle

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

Professional from academic institutions, pharmaceutical industries, health care indust

dgeable and reliable Spanish property agent who can advise on choosing the right area, provide a list of suitabl

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

e properties and can also provide information on schools, leisure facilities, local culture and communities to match your needs. Furthermore, property agents can also advis

.

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

e on the best way to finance the purchase of property in Spain, so you can set yourself a budget for your purchase.

Buying a property in Spain isn’t as daunting as it migh

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

Companies that provide selfless information through particip

t appear. With careful planning and research, you’ll have a much better idea of the desired location for your property - making that move to a place in the sun a lot easier

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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