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For the private landlord, managing a property can be a busy and demanding job. Advertising the property, arranging viewings, organising the necessary agreements, carrying out inspections, and maintenance all takes time and tha

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

t's not even including finding the right tenant that you can trust to treat the your property with respect. And with many landlords also working another part or full time job, managing a property can become a full time job in

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

Examples of combination products may in

itself. It is for this reason that many landlords with a flat to let choose to use a letting agency to manage their property. They take the weight off the landlord and take responsibility for the management and letting 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.

property. In any area of Britain you will find several letting agents of varying sizes offering what appears to be similar services. The reality of this is that like most service providers there are some who agents simply stan

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

d above the rest in terms of quality service, cost, value for money and how efficiently they manage your property. Using a letting agency can be truly rewarding for a landlord if you choose the right one. Here are some good po

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

Combination pro

inters and services to look for in choosing the correct letting agency for the management of your property:

Letting Services When you have a property to let, the level of customer service offered, patience an

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

d understanding by the letting agent should be exceptional. They should be willing to help with any enquiry you have and should not put pressure or time limits on you. They must understand the importance of finding the correct

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

tenant for your property that will respect it. They should not seem overly keen to simply fill the space.

Property Management Costs In property management there are sometimes hidden costs which is why you sho

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

uld get a breakdown of exactly what you the costs are. Good letting agents should be upfront and honest about their costs. Generally there is a one off fee for the property management service then the company will take a perce

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

ntage of the monthly rent of the property. These can vary but you should assess the fee against the level of service you will receive.

Website and Properties A good letting company who are serious and profess

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

ional about property management should really have their own website. This allows your property to be seen by a much larger audience. It should be used to explain fully the landlord and tenant services the agent offers, inform

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

Following aspects would a

ation on prices and a full list of their current properties, featuring a full description, details and professional photos to compliment it. The usability, efficiency and design of a letting agent site will tell you a lot abou

dd to the challenges in developing combination products:

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

t the company itself.

Full property management service or advertising only With a full property management service landlords should look for some or all of the following: online advertising of your property o

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

n major websites such as Lettingweb, Rightmove or the major lettings portals that service your area; arrange property signboards and viewings; carry out credit checks and references; manage tenancy agreements, collection of re

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

t and inspections; and provide contact for maintenance and repairs.

A good letting agent will also offer an advertising only service which for a one of fee allows the landlord to manage their own property but have it advertis

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

ed on major websites. The landlord could not do this on their own as advertising on these sites is reserved for agencies.

Recommendation I am a landlord in Glasgow who owns a flat in the West End. I have used

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

Professional from academic institutions, pharmaceutical industries, health care indust

various agencies in the past, but last year I came across a Glasgow letting agency online called You Let. They are fairly new but an established letting agent. You Let are based in Hope Street, Glasgow but I believe they have

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

other branches in Cambridge, Ely and possibly elsewhere. The efficiency and professionalism of their service instantly stood out to me as did their honesty. I saw they had properties in Shawlands, Glasgow West End and East En

.

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

d and other parts of the city so they seemed well spread out. Their full property management service rate is 9.75% of the monthly rent and a one of fee of ?79.95 which is good value. They placed my property on Lettingweb, Righ

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

Companies that provide selfless information through particip

tmove and their own site and I had my flat let out in under two weeks. I've recommended them to other landlords who had flats to rent who agree with me. They also offer an advertising only service which is good value for money

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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