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When we think of thieves, images of burglars creeping into homes and apartments come to mind. However, there are new thieves that 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

an take much more than your money or possessions. If your personal information falls into the hands of an identity thief, your cred

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

Examples of combination products may in

t and finances can be ruined. Identity thieves use your name or personal information, such as your Social Security number, driver’s

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

license number, credit card information, or other financial account information without your permission, frequently opening new cred

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

t accounts in their victims’ names. They apply for credit cards, make charges, and leave the bills unpaid. They set up telephone or

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

Combination pro

utility service and don’t pay the bills. Some victims have found that identity thieves have even applied for loans, apartments, and

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

mortgages under an identity other than their own.

Identity thieves are the sneakiest thieves out there, and it’s easier than you th

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

nk for one to get your personal information. They may steal wallets, or take statements, pre-approved credit offers, and tax inform

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

tion from your mail. They’ll even do some dirty work and search your trash for personal data. The best protection against identity

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

theft is caution: shred all items that contain your personal information and account numbers, and don’t carry your social security c

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

rd in your wallet. Order your credit report at least once a year to make sure no one is using your identity to open accounts.

Stop

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

Following aspects would a

an identity thief dead in his tracks by taking immediate action.

Contact the three major credit bureaus.

dd to the challenges in developing combination products:

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

Contact the fraud departments of all of all three major credit departments to place a fraud alert on your credit file.

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

Close accounts. Close the accounts that you know or believe have been tampered with or opened fraudulently.

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

File a police report. Get a copy of the report to submit to your creditors and others that may requir

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

proof of the crime.

File your complaint with the Federal Trade Commission (FTC). The FTC maintain

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

Professional from academic institutions, pharmaceutical industries, health care indust

s a database of identity theft cases used by law enforcement agencies for investigations. Filing a complaint also helps us learn mor

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

about identity theft, and will help others who have been victimized as well.

This article was written by Josh at ACCIO

.

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

USA (http://www.accionusa.org/). ACCION USA provides elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

ionusa.org/" target="_blank">business loans up to $25,000 to small business owners who need financing to expand their businesses

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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