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I am about to tell you a partial truth about real estate investing; I will tell you something

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

about investing in real estate to give you specific way of looking at your real estate busin

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

Examples of combination products may in

ess, but its actually not 100% true. Afterwords, I will tell why it is not really the truth.

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

So, without further dealy, here it is...

Finding deals as a real estate investor is sorting

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

process, not a sales or convincing process.

Why would I say such a thing? It is to help you

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

Combination pro

understand how to think about the part of your business where you are trying to find deals.

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

Finding deals is all about sorting prospects... having people contact you, or you contacting

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

hem and, through a series of questions, finding out if there is a situation you can solve and

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

get paid for.

It is NOT about selling every homeowner on accepting your offer or otherwise

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

doing business with you.

The first time, you talk to a truly motivated seller (and not just

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

someone with a house for sale), you will understand what I mean by it being a sorting process

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

Following aspects would a

.

Your are just sorting through all the sellers and houses for sale for the ones that have a

dd to the challenges in developing combination products:

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

unique situation that you can solve.

Now, I will share with you what the untruthful part of

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

what I said earlier is... buying houses is a sales process.

It is about selling yourself an

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

your business to the home owner. Why should they do business with you? What solution and val

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

ue can you bring to their unique sitation or problem?

The difference I am trying to point ou

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

Professional from academic institutions, pharmaceutical industries, health care indust

t is that you are not trying to convince EVERY seller to sell to you. You are merely trying t

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

o find motivated sellers by sorting them out from all other sellers and then selling them on

.

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

you and your solution.

I hope that helps those getting started in real estate investing with

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

Companies that provide selfless information through particip

a good big picture concept of what you are really doing when you are out there finding deals

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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Most people think of negotiating as the verbal give and take that takes people from their different wants and needs to a point of agreement. That, of course, is the heart of negotiating but just as important is the transition to the written contract that formalizes the verbal agreement. Here are the things that Power Negotiators look for as they move toward the written contract:

Every New Year folks decide that this will be the year they start a small business of their own. Of course most businesses fail due to being undercapitalized. The government with all their rules and regulations and paper work does not make it any easier. Most small business cost double or triple what the would-be entrepreneurs had in mind.

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