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You are here: Home > Legal > Identity Theft > Identity Theft - Should I Worry? |
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Top Articles - Identity Theft - Should I Worry?
We are a trusting society. On a daily basis most of us are very casual with the personal informatio 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 n that defines us, financially and legally speaking. When it comes to safeguarding our personal inf ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in ormation, we are less than digilant. With the prevalence of new and improved technology designed t lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. make our lives easier and more efficient comes more opportunity for thieves to access our personal here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe information. The FTC estimates that as many as 8.9 million Americans had their identities stolen d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro in 2006. The FTC also found that identity theft costs an average of $6,383 per incident. Nearly 85 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 of all identity theft victims found out they were victims in a negative way. Identity thieves use 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 burglary, "dumpster diving" (rummaging through trash), and "phishing" and many other methods to ac nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically cess our personal information. "Phishing" is an email scam where the thief sends a very convincing 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 email from a known financial institution asking for personal information to clear up a few question ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi s. It all looks legitimate, however you are being redirected to the thieves site, which disappears, ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a with your critical information. Hopefully you are asking yourself what you can do to protect your dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod identity. First and foremost, when it comes to your personal information - trust no one.
cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin atch your accounts closely tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen o disclose your Social Security number. 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 keep them in a safe place in case you need to report a theft. ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust your Social Security number, drivers license number, and possibly use only your first and middle na y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products me initials. . 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 tee 100% we will never fall victim to identity thieves. Identity thieves look for the easy victim. elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip When you add security levels to your personal information you distance yourself from being a victim 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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