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Advice Pool - Beginner's Guide to How Buying, Flipping, Optioning, and Lease Purchasing Properties Works - Part II
There seems to be a lot of hot air and expensive courses promising amazing property deals that fall fom the sky into your lap if you will only buy their cours
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
e but typically there are only 2 ways to achieve success.
Here is the Second Part of our article on success in this area.
5. How to get EVERY seller in your
Here is the Second Part of our article on success in this area.
5. How to get EVERY seller in your
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
area to call you first.
No agents commission, that's the key.
Imagine you have a house in a certain area and you are thinking of selling. You do your sums
No agents commission, that's the key.
Imagine you have a house in a certain area and you are thinking of selling. You do your sums
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
and realise that the selling agent will take $10,000,$20.000 or more PLUS advertising costs (and maybe not sell your house).
Wouldn't you answer an ad that s
Wouldn't you answer an ad that s
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
id "Sell your house, private buyer, no agents commission fees, no advertising costs, contract completed in 7 days".
6. Your Area Book. I carry around with me
6. Your Area Book. I carry around with me
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
a book on the area I have as my hunting ground, just a simple accounting journal book, costs about $3 and I set it up like a dictionary so there are 2 - 4 pa
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
ges for each letter.
Every time I find a property for sale or rent I write down the street name under the letter as well as owner's name and phone number (or
Every time I find a property for sale or rent I write down the street name under the letter as well as owner's name and phone number (or
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
agent if that's all I have), property size and details. You will be surprised how quickly this simple technique creates an awareness of the property and value
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
s in your area.
7. Know your desired outcome before you go into any deal. Be clear about what you want. This might seem obvious but you would be surprised at
7. Know your desired outcome before you go into any deal. Be clear about what you want. This might seem obvious but you would be surprised at
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
how many people don't do anything because they are not clear in their own minds as to the outcome they want.
8. Motivated Sellers. These are the gold mine y
8. Motivated Sellers. These are the gold mine y
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
u hear about. The reason is that there is a farly elastic range as to what represents true market value. The reality is that market value is whatever the prop
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
erty is either listed at or sold at, depending on who you talk to.
The biggest question I get is why would someone sell their house for less than what it is
The biggest question I get is why would someone sell their house for less than what it is
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
worth. Here are the reasons. Not all houses are equal, if a house is dirty and neglected people aren't that interested (most people buying houses see it as it
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
is, not how it could be), 2nd is that market value is a very slippery thing, 3rd is people have different things going on in their lives. If they have lost t
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
eir job and now everyone else is into the stockmarket and the propert market is slow, that investment house they bought at more than it is worth now is sudden
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
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
ly a pretty scary monster.
Maybe they just are sick of bad tenants and maitenence bills.
9. Who you sell to. This is where you have your second edge. There
Maybe they just are sick of bad tenants and maitenence bills.
9. Who you sell to. This is where you have your second edge. There
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
is a regular flow of 20 to 40 % of people who cannot get traditional bank finance but who are still keen to own their own homes and able to get financing with
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
n 2 years if they can show figures.
Hopefully this has given you enough information to think about whether you really like this enough before you go spending
Hopefully this has given you enough information to think about whether you really like this enough before you go spending
.
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
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
big money on overpriced information.
Don't believe the hype, you will have to put in the hours, but if you enjoy houses and properties and dealing with peop
Don't believe the hype, you will have to put in the hours, but if you enjoy houses and properties and dealing with peop
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
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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