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Virtually every market in the country has a specific opportunity for wealth creation waiting for whoever is int

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

elligent enough and aggressive enough to go after it. It is simple to identify, easy to understand and surpris

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

Examples of combination products may in

ingly painless to bring to fruition. Don’t just blow it off when you hear it how simple it is. People are maki

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

ng huge amounts of money from this process. I know. I have.

Here’s the program; find a property that has a lot

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

large enough to divide off, buy the property then subdivide it. A small property on a large lot may be a real

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

Combination pro

diamond in the rough. If you can buy an existing property on a large lot, you may be able to subdivide the lot

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

to end up with both a property on a small lot and an additional building lot to boot. When this happens, you wi

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

ll find that the property now on the small lot will in all probability maintain its full market value (your pur

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

chase price) particularly if it is a residential property. The newly created lot will have its own market value

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

and therefore be a simple creation of substantial new wealth. You then have the option to sell off one or both

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

of the properties. If you end up with a home and a lot, you could sell off the lot and use the money to pay dow

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

Following aspects would a

n the debt on the home and thereby have an increased net worth and an increased cash flow from a rental unit. O

dd to the challenges in developing combination products:

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

r, you could use the proceeds from the lot sale to buy another property and repeat the process. The options av

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

ailable are many.

To get started, as you drive around just keep an eye out for long corner lots, or lots where

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

a home or other building is off-set to one side or the other. Once identified, you can do a little research wi

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

h the City, County or Township about required lot sizes and if the property meets the necessary criteria to end

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

Professional from academic institutions, pharmaceutical industries, health care indust

up with two lots, then voila! A deal is waiting. In many areas current lot size requirements are much smaller

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

than they were years ago when much of an area may have been built up. Sure there is the process of working thin

.

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

gs through with your local government, but when the lot you buy is big enough to divide, a huge profit awaits.

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

Companies that provide selfless information through particip

This is only one of many ways to create wealth with real estate. Learn all you can so you can earn all you want

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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