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One of the ways in which you many realise that you are a victim of identity theft is when you apply the c

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

redit and you are turned down. When others steal your identity they also have easy access to much of you

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

Examples of combination products may in

personal data and, quite often, your financial affairs. This means that they can easily conduct financi

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

al transactions under your name but for their benefit.

One of the ways in which identity fraudsters can

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

ause problems for you and your family is by applying for credit - for instance for loans or credit cards,

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

Combination pro

and then use the money they get from this to create further debt for you for which you are responsible.

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

You may not know that your credit details have been stolen until the time comes for you to take out your

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

own loan, apply for your own credit card, open your own bank account or any other transaction which may i

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

volve examining your credit history.

Victims of identity theft can be affected in a number of different

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

ways, but all of them are adverse. It can take you many months or even years to identify the theft of yo

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

r personal data and to rectify the wrong that has been done. Luckily, most financial institutions and cr

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

Following aspects would a

edit companies are aware of the scourge of identity theft throughout the world. As soon as you are aware

dd to the challenges in developing combination products:

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

that any wrongdoings have happened to you, you should immediately contact all bank and other financial pr

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

oviders in order to alert them to the potential problem. They will be able to take you through the steps

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

needed to rectify the situation in your favour and they will, in most circumstances, be able to reimburse

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

you with the financial loss you have suffered.

It is important that you keep watch over your regular bi

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

Professional from academic institutions, pharmaceutical industries, health care indust

ls. Look out for any odd transactions on your bills and cast a careful eye over your bank account statem

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

ents and credit card statements. If you notice any anomalies investigate these at once. The sooner you

.

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

an alert the banking authorities and other financial providers to a potential fraudulent transaction, the

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

Companies that provide selfless information through particip

sooner it will be able to clear your name of the identity fraud and any online or offline identity crime

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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