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1. Find out who it is that’s renting/buying your property.

If you have rental property you know what a risk it is when you get new tenants. It’s hard enough to make rental property profitable these da

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

ys, what with high taxes, insurance, maintenance on the property and the like. You certainly don’t want to have tenants in there that will trash YOUR house, not pay their rent or move in with their cousins

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

Examples of combination products may in

, friends, grandmother and extended family in your two bedroom place. When people behave badly, they leave a trail of bad credit, lawsuits, bankruptcies and civil and criminal judgements. Even though Mr. a

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

nd Mrs. Smith look like nice people, wouldn’t you want to do due diligence and find out everything you can about them before you let them inhabit your house? The answer is, of course, yes. It’s the sensibl

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

e thing to do. In the case of buyers for your property, you run the risk of taking your property off the market, making all sorts of improvements and losing other potential offers only to find out that Mr.

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

Combination pro

and Mrs. Jones don’t qualify for a mortgage, don’t have the income to buy in your neighborhood or have defaulted on other loans in the past. If you knew, you would simply have declined their offer in the

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

first place.

2. Find out about help around the house or about prospective employees

If you are in a position to hire someone to help around the house, or someone who will be in your house for a time

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

hen you are not there, or if it’s someone to watch the kids it would be really smart to take the time first to check out that person’s background. Haven’t we all heard stories about that person down the st

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

reet who seemed so nice, but then turned out to be some sort of monster? Before you let somebody into your house, make sure they have no felonies, no drug convictions, dui’s or any other myriad of personal

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

problems from which you’d rather spare yourself and your family. If you are seeking to hire an employee to work at your business, then it makes sense to know if what the prospective employee says about th

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

emselves is the truth. You want to know if they are lying on their resume. Hiring the wrong person can be a very costly experience and can be avoided.

3. Find out about the number who is calling but doesn

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

Following aspects would a

’t leave a message

Most of the time, it doesn’t matter who called and didn’t leave a message. We’ve all seen on our caller-id’s a phone number we didn’t recognize, but so what? The times you would wan

dd to the challenges in developing combination products:

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

t to investigate are when someone calls and is making some sort of harassing or threatening phone calls. It makes sense to find out who it is and where they live so that it can be reported to the authoriti

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

es. The other reason you might want to know is, sadly, to confirm suspicions. Have you noticed that your spouse has been receiving a lot of calls from someone he or she is reluctant to talk about? Trust is

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

essential in any relationship, but so is truth. You need to know.

4. Find out if that guy or gal you’re dating is already married

Sounds silly, but you need to know these days that what someone says

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

is true. There have been a lot of broken hearts simply because someone believed a lie. It is no shame or dishonor to verify facts. You only want to be involved with someone who will tell you the truth. Why

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

Professional from academic institutions, pharmaceutical industries, health care indust

not make sure?

5. Find out if the people who want the loan have declared bankruptcy.

Do you lend money? There are a lot of private capital venturists, hard money lenders and friends who loan money t

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

o others in need. Don’t be burned, and don’t feel ashamed for checking. Do your due diligence. If not, you will have only yourself to blame. You need to know if the person to whom you are loaning the money

.

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

has ever declared bankruptcy before. If they have, guess what? Now you are in a position to make better decisions. Maybe you’ll still go ahead with the loan, but perhaps you’ll loan less (thereby risking

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

Companies that provide selfless information through particip

less), or maybe the collateral will be greater, but whatever the decision you make, at least it will be an informed decision.

Make the decision to be informed of the facts. The truth hurts less than a lie

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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