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Delinquent rent payments can be a landlords, or owners, nightmare. But, it may not be becaus

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

e renters lack the character to make payments on time. Renters can make rent payments on tim

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

Examples of combination products may in

e for a long period of time then suddenly the rent is late because of problems outside 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.

ir control. When this happens it takes a lot of communication, interpersonal skills, and tho

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

ughtful compromises in order to make things come out favorably for both the landlord and the

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

Combination pro

renter.

A young couple renting a condominium from us had a 2-year lease. For over a year th

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

e rent was paid on time. Then we found out that the father in this single income family had l

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

ost his job through an unexpected layoff. We stayed in close contact and they updated us on

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

his job search progress. Before long the rent was 2 months behind and he was still unemploye

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

d. We encouraged them to make partial payments. He was a hardworking fellow, who was trying

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

is best to provide for his wife and 3 very young kids. The thought of eviction proceedings a

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

Following aspects would a

t this point did not seem right.

Instead, we continued to receive partial payments as they w

dd to the challenges in developing combination products:

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

ere capable. After 3 months he finally got a job and shortly thereafter started making regul

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

ar rent payments. At that time the family was overdue about 6 weeks in rent ($925) and had l

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

ittle in savings. After some deliberation, and discussing the situation with them, it was ag

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

reed in writing that they would payback of debt in a way that worked for everyone. The terms

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

Professional from academic institutions, pharmaceutical industries, health care indust

of the written contract specified paying back the debt at $92.50/month for 10 months.

If ren

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

ters are honest, responsible, and reasonable, then there can be a lot of flexibility for land

.

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

lords to work with them. If they lack these qualities, then eviction is probably the best co

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

Companies that provide selfless information through particip

urse and it is probably a good time to re-evaluate the process used to screen and accept them

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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