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  • Top Articles - Protect Yourself Against Identity Theft

    It seems like you can hardly watch the TV news or read the daily newspaper anymore without seeing a report of identity theft or seeing the topic of identity the
    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
    ft coming up as a very hot topic. Although identity theft is not a well-known type of crime, it is one of the fastest growing and insidious crimes in the world
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    today.

    Let’s look at a typical case of what happens with identity theft. Very simply, someone opens an account, like a Visa or MasterCard, or perhaps at a ma
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    jor department store, using YOUR name, YOUR social security number, YOUR date of birth. This is all information that supposedly, YOU would be the only one that
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    would know, so it appears legitimate. The address is frequently not your address, but with the frequency that people move these days, a different address seld
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    om throws up a red flag. Since you have good credit, the new account is approved, and the new credit card is mailed to “you” at the address provided on the app
    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
    lication.

    Now what happens? The thief may repeat the process and open 2-3 or even a dozen or more new accounts. Having the cards in hand, the thief goes out
    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
    and charges those cards to the hilt, purchasing things like a plasma TV, a high-end computer system, top of the line digital camera, even a late model used car,
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    and much more.

    A couple of months down the road, you get a call from the collections department with American Express, Citibank Visa, your local department st
    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
    ore, and sometimes even ALL of these. They want to know if there is a problem with your new account, since you have not made any payments to date. Huh? In th
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    vast majority of cases, this is your first indication that you have been a victim of identity theft.

    It is not a pretty picture. The lender is going to assum
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    e that you are just trying to fabricate a story so you can enjoy all the new toys you bought without having to pay for them. And most of those creditors will g
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    et fairly hostile with you, and in the meantime, they are more than happy to start reporting your huge delinquency to the credit bureaus so that your previously
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    sterling credit rating starts going to the dogs in a hurry.

    The good news is that the error can be resolved … eventually. But it is going to take months and
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    even years to get your credit rating restored to where it was before, as well as a significant amount of your time and possibly even legal fees. You see, those
    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
    lenders who approved “your” new account don’t want to take responsibility for merchandise that was purchased and will probably never be found again. The ONLY
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    thing they have to allow them to track it down is your social security number and date of birth, so since that is the only thing they have, they hound you like
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    a pit bull. Unfortunately, they also take the attitude of you being guilty until being presented with irrefutable proof that you are innocent and a victim of i
    .

    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
    dentity theft.

    Do not take a lax attitude about identity theft because it can happen to you, and I can guarantee that it is significantly less fun than a root
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    canal. There are many steps you can take that will help guard you against identity theft, and you are highly encouraged to take those steps as soon as possible


    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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