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But identity theft, which credit card companies such as the aforementioned are trying to th

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

wart, is anything but humorous. It’s a crime that ruins people financially, personally and

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

Examples of combination products may in

professionally, often taking years to recover from.

And while credit card companies and th

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

e like are doing their best to make it difficult for these thieves to succeed, the Federal

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

rade Commission’s 2005 statistics on complaints filed about fraud and identity theft offer

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

Combination pro

ome sobering statistics:

• 37 percent of the 686,683 complaints filed were for identity th

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

eft
• 255,565 complaints were received by the Federal Trade Commission in 2005, nearly

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

10,000 more than the previous year
• People between the ages of 18 and 29 account for

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

the highest number of identity theft victims (29 percent)
• Arizona reported the highe

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

t number of identity theft victims (per 100,000 population)
• 58 percent of identity t

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

eft victims did not report the theft to a Credit Reporting Agency
• 61 percent of vict

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

Following aspects would a

ims did not notify a police department
• The highest incidence of identity theft occur

dd to the challenges in developing combination products:

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

ed with credit card fraud (26 percent)

Clearly, identity theft remains a huge problem in A

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

merica. However, with the help of the electronic guide, you can learn how to avoid pitfall

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

that lead to identity theft, or, if you’re a victim, how to get your finances back in orde

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

.

With the electronic guide, you’ll learn exactly what identity theft is and what it is no

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

Professional from academic institutions, pharmaceutical industries, health care indust

t, why identity thieves prowl after unsuspecting victims, how to detect identity theft earl

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

, ways in which to avoid common mistakes that lead to identity theft, what kinds of people

.

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

are at “high-risk” for identity theft, what to do with your personal information when deali

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

Companies that provide selfless information through particip

g with people you don’t know, how identity thieves choose their victims and much, much more

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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