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A poll of potential buyers released March 1, 2006 by Maritz Research revealed that sellers ought to do more than jus

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

t look after required maintenance before showing their home. In fact, decorating improvements help

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

Examples of combination products may in

ake a strong impact on buyers and can ultimately affect a home's market value.

The study found that although renova

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

ions can boost a home's sales price, sometimes too much unique style can decrease a home's marketability. Therefore,

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

if you're selling a home, you should understand your profiled buyer and make changes that buyers in your price range

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

Combination pro

and location want.

The study found that thirty-six per cent of potential buyers were willing to pay premium prices

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

for homes with updated interior decoration. Surprisingly, more men than women wanted updated decor

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

ith 41 percent of men versus 30 percent of women desiring this feature. More than likely, this is because women like

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

to decorate their own homes and men want to move in without doing any work on the house.

When asked which home feat

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

re they would pay more for, 79 percent of buyers said that they would be willing to pay more for a renovated

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

kitchen. However, most of these buyers did not want to pay for a remodeled kitchen in a style they didn't p

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

Following aspects would a

refer. Home sellers need to evaluate the cost of a kitchen renovation in relation to the expected price increase. Of

dd to the challenges in developing combination products:

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

en, a though deep cleaning, painting in today's color choices, and a new faucet combined with home staging strategie

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

give home sellers the market edge without a large cash outlay.

The poll stated that 63% of buyers preferred a high

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

r priced home ready to move into than a bargain priced fixer-upper. Because home buyers are willing to spend more fo

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

the ideal home, but not the time or work to renovate a fixer, home sellers who take advantage of home staging can m

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

Professional from academic institutions, pharmaceutical industries, health care indust

ake their home feel like a "dream home" without undertaking major remodeling projects.

Although most buyers prefer

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

renovated home, the poll revealed that 65 percent of buyers expect to spend about $5,000 making their home suit the

.

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

r tastes and that only nine percent of home buyers would only buy a home that needs no improvements.

Consider your

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

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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