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11 Tricks to Preventing Identity Theft

Identity theft: Every American fears this plague that attacks young and old. No, identity theft is not a disease, but it can be just as crippling. Identity thef

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 is when someone uses your personal identification to obtain credit, loans, services, even rentals and mortgages in your name. It can cost you thousands of dollars, ruin your credit, and even ruin your

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

Examples of combination products may in

reputation.

Identity theft is "an absolute epidemic," according to Robert Ellis Smith, a respected author and advocate. "It's certainly picked up in the last four or five years. It is nationwide."

Ide

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

ntity theft is the fastest growing crime in the country right now. Within the last twelve months, 9.3 million Americans have been victims of identity theft. Could you be next? Here’s what to do to pre

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

vent identity theft.

Identity Theft Prevention Tips

1) Identity Theft Prevention: Shred It All

Buy an office-quality shredder that shreds documents beyond recognition, so criminals cannot retrieve yo

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

Combination pro

ur receipts or financial information from your trash.

You should always shred:

Credit card receipts

Paid bills

Pre-approved credit card applications

Bank statements

2) Identity Theft Prevention: B

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

eware “Shoulder Surfers” at ATMS

ATMs make you vulnerable. Make sure nobody is around when you enter your PIN to withdraw cash, and if possible, take a friend or family member with you to stand guard.

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

Do not let anyone observe your PIN or even the amount you withdraw.

3) Identity Theft Prevention: Have Your Checkbooks Delivered to the Bank

Checkbooks sent to your house can be stolen right out of y

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

our mailbox and used. Have checkbooks sent to the bank where they will be secure, and pick them up yourself.

4) Identity Theft Prevention: Mail Checks in a Post Office Mailbox

Do not mail checks from

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

your home mailbox; they can be stolen before the mail person picks them up and the name in the payment field changed. Drop them in secure US Postal Service mailboxes instead.

5) Identity Theft Preventi

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

on: Cancel Unused Credit Cards

If you haven’t used a credit card in 6 months, cancel it and cut it in half. Open credit accounts that aren’t used are easy targets since you aren’t necessarily keeping

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

Following aspects would a

your eye on them.

6) Identity Theft Prevention: Use Impossible Passwords

Avoid the obvious, like your pet’s name or your mother’s maiden name, and go for something so random, so esoteric nobody would

dd to the challenges in developing combination products:

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

be able to casually guess it. All passwords need to be combinations of numbers and letters.

7) Identity Theft Prevention: Use a Locking Mailbox

Keep criminals from stealing your mail, which could con

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

tain important personal information. 8) Identity Theft Prevention: Call Back

If a phone marketer calls claiming to be a company you shop from and asks for your personal information, tell them you wil

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

l call them back before you give them any information. By calling them back, you should be able to confirm that you are dealing with a legitimate company.

9) Identity Theft Prevention: Protect Your Soc

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

ial Security Number

You are never required to give out your social security number. If a business wishes to use it as a manner of secure identification, tell them you would rather select a random numbe

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

Professional from academic institutions, pharmaceutical industries, health care indust

r instead. The government grants you that right.

10) Identity Theft Prevention: Lock Up Your Social Security Number

Put your social security card in a safe. Do not carry it in your wallet where it c

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

ould be stolen.

11) Identity Theft Prevention: Keep a Close Eye

Watch your bank and credit card statements like a hawk. Act on any suspicious activity immediately.

Identity theft is indeed an epidem

.

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

ic, but if you protect your information carefully and destroy all documents that include information useful to thieves, you are less likely to fall victim. In the event a thief does steal your informati

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

Companies that provide selfless information through particip

on, there are systems in place to deal with the mess. But the best way to handle identity theft is to avoid it in the first place, and now you are armed with 11 handy steps to keeping your identity safe

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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