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How to Protect Yourself From Identity Theft

I was watching TV the other nig

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

ht and the nightly news had a report on how identity theft was the fastest g

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

Examples of combination products may in

rowing crime there is. I was amazed but also did know of 4 clients that it h

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

appened to too. We put together a “tip” sheet for our own clients and though

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 we’d share those with you.

Tip #1 : Camera Phones – Be aware of who is ar

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

Combination pro

und you when checking out at a grocery store, restaurant or retail store. So

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

me of the camera’s are quite sophisticated and can capture your information

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

in an instant.

Tip #2: Buy a “confetti” type of shredder and shred all your

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

personal papers, including those “pre-approved” one’s you get in the mail.

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

Tip #3: Put passwords on all your accounts and do NOT use your mother’s mai

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

en name or your personal birthday.

Tip #4: Empty your wallet of an extra cr

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

Following aspects would a

edit cards and especially your social security number. Do Not carry your bir

dd to the challenges in developing combination products:

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

th certificate or passport unless absolutely necessary.

Tip #5: Do NOT put

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

your credit card information on the internet unless it is encrypted on a sec

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

ure site.

Tip #6: Review your bank statement & credit card statement every

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

onth. Check to see if there is anything that you do not recognize and follow

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

Professional from academic institutions, pharmaceutical industries, health care indust

up with the bank or credit card company to get it corrected.

Tip#7: Best O

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

ne Yet – Do NOT sign the back of your credit card, instead write “photo id r

.

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

equired”. In most cases, anyone using your card illegally would have to prov

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

Companies that provide selfless information through particip

ide that photo identification! (You’ll have to show it each time when asked)

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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