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Identity Theft profoundly affects one in every four people this year. 25% of the populati

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

on will experience some form of Identity Theft, and how many of them will have the financ

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

Examples of combination products may in

al resources to correct it, or even the knowledge that their identity has been stolen?

I

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

dentity Theft can ruin your credit. It can steal away your career. Identity Theft can mak

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

you a criminal. So, what can you do to protect yourself?

Protect Your Identity

· Keep

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

Combination pro

track of your wallet
· Manage your financial assets in person
· Don’t give out

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

our financial or identifying information without knowing the person you are giving them t

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

o
· NEVER sign up for a new service over the phone – when they called you
· Res

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

arch all business contacts for quality and identification

Maintain Your Identity

· Chec

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

k your credit reports frequently for errors
· Verify numbers on everything
· Ke

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

p copies of all documents
· Immediately report any lost wallets or theft
· Shre

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

Following aspects would a

d ALL identifying documents before trashing them

Restore Your Identity

· Contact all cr

dd to the challenges in developing combination products:

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

dit reporting agencies to announce there’s a problem
· Write letters to correct any

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

issues
· Keep copies of all important documents in a safe place
· Contact legal

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

authorities immediately when you suspect a problem

There are currently a variety of comp

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

anies available who offer to protect your identity for you. Many of these are high qualit

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

Professional from academic institutions, pharmaceutical industries, health care indust

, highly recommended companies with a track record of being reputable. However, as with a

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

ny service, they are not nearly as affected, as you will be if your Identity is stolen. P

.

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

otect yourself. Never leave your own personal identity to someone else to protect entirel

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

Companies that provide selfless information through particip

y, it is of far less consequence to them than it is to you if YOU slip through the cracks

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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