Advice Pool - Legal

A public real estate record can be a realtor’s and a buyer’s best friend. The public real estate record can

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

give the seller and future homeowner information on the house that they may not get otherwise just by look

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

Examples of combination products may in

ng at it.

Problems – A public real estate record should tell you about certain problems that the house has

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

had such as electrical failure, flooding, or cracking foundation. These are all important and sometimes li

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 threatening problems that every seller and buyer should know about well in advance of buying the home. Af

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

Combination pro

ter all, to the seller, it’s just real estate. To the buyer, it’s a home.

History – When was the house bui

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

t? What is the history of the land it sits on? How many previous owners have there been? Is there a history

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

of a crime that was committed in the home? Some people may not feel comfortable living a home where someon

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

was murdered or where someone hid out during a crime spree. Some people may not even feel comfortable livi

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

ng in the same neighborhood as a “famous crime house.” These are all very important things that every prosp

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

ctive homeowner should take into account when looking to purchase a home.

Quality – When was the last time

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

Following aspects would a

the house got painted? Are those the same bricks that were there when the house was built originally? How

dd to the challenges in developing combination products:

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

ld are those shingles on the roof? If the quality of the home is not up to par, there is no reason to buy i

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

t. Unless of course, you want to buy a fixer upper, this even then could end up as a money pit.

Other – A

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

ublic real estate record can also show you things like how many mortgages a house has had, tax history, sel

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

lers name, property type, location, etc. These are all very important things to take into consideration whe

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

Professional from academic institutions, pharmaceutical industries, health care indust

looking through a public real estate record.

Remember that not all public real estate records are created

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

equally, as different states may have different requirements for what they each require. Some states, for

.

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

xample, do not have to tell you if there was flood damage at the house or not. Their buyers beware in those

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

Companies that provide selfless information through particip

states. Do you live in one of those? You had better hope not for you and your family’s safety and security

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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