Top Articles - Real Estate

With fresh daily obstacles; complaining clients, troublesome staff and aggravating superiors all applying accumulating daily pressures on our lives, when we get home the only thing on ou

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

r minds is sitting down, watching TV, and relaxing.

For the vast majority of us, we don’t care about the short term management of the condominiums we live in. The security man is on his

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

Examples of combination products may in

post; albeit a different guy than yesterday, and the garbage is being cleared every day. Life is too short to worry about these mundane things.

However, this situation can change when

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

you decide to move into a new property and put your existing property on the rental market. What do you do? The most obvious step for most people is, when paying your last month’s water

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

bill in the condominium management office, to inform the building manager that you are placing your unit on the rental market. Politely the building manager takes down your details and i

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

Combination pro

nforms you that if someone should come along enquiring about renting in the building, he will be sure to let you know.

The question that arises is; should a management company be managi

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

ng, or leasing? Having worked in the fields of both property management and residential leasing in Bangkok I know that the commission earned from renting just 1 condominium unit can equa

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

the profits of managing the whole building for 1 month. It is for this reason that some property management companies have very strict policies on information disclosure.

The residenti

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

al leasing market in Bangkok is heavily waited towards a combination of the website, corporate contracts, referrals and other media advertising. In short, a small percentage of people, e

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

specially in the higher price bracket, will take it upon themselves to wander the streets and enquire in person about the availability of condominium units for rent in a specific buildin

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

g. If you tell your building manager that your unit is now on the market and expect that someone will walk in and ask about it, think again.

The most likely scenario is that a real esta

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

Following aspects would a

te agent will enquire. They will enquire because they have an interested customer in hand (obtained though the website, corporate contracts, referrals and other media advertising as ment

dd to the challenges in developing combination products:

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

ioned above). Let’s see how this would happen in the narrative.

Agent: “Hello, is that Fred the building manager of Sukumvit Grade ‘A’ condo. Hi, my name’s Mr. Agent with Mr. Agent real

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

estate company and I have a client looking to rent a two bedroom unit in your building. I don’t suppose you know of any units available for rent?”

Your Building Manager: “You will need

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

to talk to our sales department in the head office”.

This is a 10 foot brick wall which the agent will not attempt to climb. Hence, he/she will do their up most to recommend another con

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

dominium to their client.

Of course, some management companies do not follow this policy, even though their head office does have a residential leasing department. Others do. I would lo

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

Professional from academic institutions, pharmaceutical industries, health care indust

ve to name names but this is not what this article is about.

Having been directly involved in managing condominiums in Bangkok it is my opinion that if you are being employed to manage

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

the building, you are being paid to provide a service, and as such you should do your up most to service the co-owners of the building.

This technique of monopolizing buildings can be q

.

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

uestioned from a moral standpoint, there is a conflict of interest, and it works against you, the co-owner. Ultimately, it is up to the committee of your condominium to set the procedure

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

Companies that provide selfless information through particip

s for your home. Don’t be embarrassed to ask them to check into this.

Author details: Neil Simmons, Director of Ideal Homes Real Estate Co. Ltd. (02) 714 3832-3. www.property-bangkok.co

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.toparticles.org.ua/article/141063/toparticles-Conflicts-of-Interest-in-Your-Home.html">Conflicts of Interest in Your Home</a>

BB link (for phorums):
[url=http://www.toparticles.org.ua/article/141063/toparticles-Conflicts-of-Interest-in-Your-Home.html]Conflicts of Interest in Your Home[/url]

When we launched our new on-line business development resource for SME's we banned MLM and network marketers from the site, and we had very good reason. Surprisingly, even MLMers now agree it was a great decision...

Identity theft is the fastest growing crime in America. According to the Federal Trade Commission, the number of identity theft incidents reached 9.9 million in 2003. These crimes are estimated to ha...

For ages we’ve questioned the priorities of mutual fund managers, and the whole brokerage business for that matter. Our question: Are they in it for you, the investor, or for themselves and the string-pullers in the boardroom?

Tags

Links

Top Articles - Conflicts of Interest in Your Home

Related Articles: