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Today’s housing market is a buyer’s market, which means a greater amount of comp

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

etition for home sales. This can make it frustrating for sellers.

In today’s m

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

Examples of combination products may in

arket, it is critical to correctly price your property, and to find an edge to t

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

he competition. We work with our sellers to determine the best pricing, staging

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

, and marketing ideas that will sell their homes in the shortest amount of time

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

Combination pro

for the greatest amount of money.

If you are lucky enough to find a buyer for y

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

our home, the transaction must make it through several more steps to closing. F

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

inding a buyer is one thing, keeping them through closing can often be another.

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

That is where our expertise with realty rules and regulations, title companies,

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

lenders, home inspectors, etc. could save you thousands of dollars in the long

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

run.

An agent markets your property to other real estate agents and the public.

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

Following aspects would a

Often, your REALTOR® can recommend repairs or cosmetic work that will significa

dd to the challenges in developing combination products:

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

ntly enhance the salability of your property. In many markets across the countr

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

y, over 50% of real estate sales are cooperative sales; that is, a real estate a

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

gent other than yours brings in the buyer. Your agent acts as the marketing coo

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

rdinator, disbursing information about your property to other real estate agents

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

Professional from academic institutions, pharmaceutical industries, health care indust

through a Multiple Listing Service, newspapers, magazines, radio, open houses

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

for agents, etc.

Some questions Sellers should ask a potential Realtor:

1. Ho

.

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

w will your company market my property?

2. Are you a member of National Associ

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

Companies that provide selfless information through particip

ation of Realtors?

3. Do you have a website?

4. What is your commission rate

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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