Advice Pool - Real Estate

For first time real estate investors who purchase residential property, there is always a dilemma over whether to furnish their residential

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

rental investment property and if so what types of basic amenities to provide. This article therefore will cover the two basic types of r

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

Examples of combination products may in

ental arrangements that will come up if you should want to rent out your residential investment property.

The first type of rental availab

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

le is an unfurnished investment property. These tenants are the type that will come with their existing furniture and want to move all of

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

it into your property. The problem therefore is what to do with your existing furniture. Sometimes this can result in the owner of the in

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

Combination pro

vestment property have extra sets of furniture, like I have seen personally myself due to their tenants not liking their choice of furnitur

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. Note that however most landlords do provide the basic amenities like washing machine, dryer and a television. If you are providing tho

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

se movables, remember to list them clearly with the brand and type in the rental agreement that you sign with your tenant.

The Second type

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

of property is fully furnished property. The thing to note here is that people will always differ from you in terms of furnishing and typ

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

e of drapes used in the property. Thus one of the best ways to save money in case the existing tenant does not like the furniture that you

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

provide is to get the furniture from IKEA which is relatively cheap to get and also easy to move to your investment property. Not only th

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

Following aspects would a

at, but remember that as long as you spend a certain sum in IKEA, you can get them to do interior designing for your property which is a re

dd to the challenges in developing combination products:

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

al time saver, since when you are investing in your property you will be busy looking at the legal work, the mortgage and other things asso

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

ciated with the investment property.

There are also property management companies that have a certain way by which they furnish their apar

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

tments and might even furnish the property for you in exchange for a fee. It is submitted that this might be better as it might allow them

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

to market your property with a higher rental. The reason for this is that these property management companies group their rental properti

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

Professional from academic institutions, pharmaceutical industries, health care indust

es in terms of furnishing and size to determine their rentals so you might want to take a look at their brochures.

In conclusion, at the e

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

nd of the day, if your investment property is already furnished nicely, you might want to hold out until a tenant that likes your style of

.

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

furnishing appears so that you can save on the trouble of moving your furniture. Otherwise unless you like furnishing property and are ble

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

Companies that provide selfless information through particip

ssed with a good sense of fashion sense, it will be best to leave the furnishing to the professionals.

By Joel Teo 2006 All Rights Reserve

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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