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  • Top Articles - Identity Theft

    Identity theft is a criminal activity where in a person wrongfully obtains and uses another person’s
    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
    personal data in some way that involves deception or fraud in order to make money. In the 20th cent
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    ury, it has become a growing problem, as it offers a higher profit margin with less risk for perpetr
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    ators compared to illegal drug sales. Most people do not consider this a serious crime, but some peo
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    ple do, especially those who become victims of this crime. Victims of identity theft find it difficu
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    lt to clean up the mess done to their good name and credit record by the identity thieves.

    But how
    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
    does an identity theft take place? It is simple. The identity thief gathers all your personal inform
    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
    ation like your name, date of birth, home address, phone numbers, Social Security number, driver’s l
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    icense number, credit card numbers, ATM cards, telephone calling cards, and even mortgage details. A
    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
    ll this information can be accessed through either high-tech methods that include online theft from
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    banks, credit reference agencies, credit card networks, and phone companies or low-tech methods that
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    include dumpster diving, mail theft, retail theft, and purse or wallet theft.

    After gaining access
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    to your personal information, the identity thief now makes use of such information to make charges
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    to your existing credit cards, having phone or utilities turned on, opening new credit cards in your
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    name, withdrawing money from your bank accounts, and applying for loans such as student loans, mort
    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
    gage loans, and auto loan. Without you knowing it, the identity thief is already making money out of
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    your personal information, and leaving damage to your name and credit records.

    Identity theft is a
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    serious crime that one should never ignore. If this has not happened to you, consider yourself luck
    .

    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
    y since the aftermath of this crime can be devastating. Perhaps the worst part is, even if you are t
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    he victim, you are treated like a criminal until you have proven that you did not do anything wrong.


    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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