Useful Articles - Real Estate

Gone are the days of pot bellied, pan chewing, smooth talking, museum like mobile carrying, wholesale safari-suit clad ar

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

my. They are changing with the times. Indian real estate agents or (locally called) Dalal are sporting a radical new make

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

Examples of combination products may in

over these days. A boom in real estate in India has given birth to the next generation of professional property agents. Y

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

ou will find them flaunting foreign degrees. You will discover they are completely in tune with the latest jargons that h

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

ave hit the business magazines only the last week. Contentedly they are discussing floor to area ratio, vastu-feng shui m

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

Combination pro

erits-demerits, Italian marbles, decorated flooring, real estate gimmicks and substances with their offshore foreign clie

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

nts via video conferencing.

It seems the order of the day, anyway. Gone are the days of shabby looking unprofessional In

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

ian real estate agents. The burgeoning Indian real estate industry needs professional new age real estate specialists who

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

have knowledge in world business, outsourcing, finance, architecture, investment and what not.

What’s more, there are

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

youngsters also who want to make a career in this field. Gauging the opportunity and also by the fact that the industry

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

does not have enough of trained manpower, couple of renowned real estate developers have smartly launched business manage

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

Following aspects would a

ment program on the area. There are also short term studies which will give candidates a formal orientation and industry

dd to the challenges in developing combination products:

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

insights into this not so conventional industry vertical.

According to a conservative estimate by FICCI real estate indu

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

stry in India is estimated at around $12 billion. The industry is growing at the rate of 30% per year. Industry analysts

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

eel that the scorching growth is credited to demands created by offshore and outsourcing business sectors which include I

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

T and ITES, high end software and technology consulting, contact centers, call centers, software houses, design firms and

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

Professional from academic institutions, pharmaceutical industries, health care indust

other process outsourcing companies. No wonder an opportunity galore has explored to the real estate agents in India in

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

a never before way.

Ernst & Young, the leading consulting house reports FDI in India is expected to touch $15 billion th

.

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

is year. That’s triple the 2004 figure. The report states that one fifth of Fortune 500 companies including global biggie

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

Companies that provide selfless information through particip

General Electric, pharmacy major Eli Lily, technology leader HP are setting up research and development centers in India

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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Remember the seven layer chocolate cheese cake that you could only eat four bites of, because it was so rich and sweet, but you desire another piece. You dream of Seven Layer Chocolate Cheese Cake. You want it. You know you can't resist. Do you go back and get another piece, and take a friend to share it? Of course you do. Make your products and service irresistible!

The corporate structure of your business will provide shelter for your personal assets. There are several events that will cause a judge to disregard the corporate entity.

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