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Identity theft is one of the highest rising crimes in the country. Statistics released by the Better Business Bureau showed that in the past five years nearly 27.3 million people have been a v

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

ictim of identity theft, 9.9 million in 2003 alone! Consumers need to become more aware of this crime, take steps to avoid becoming a victim and know what to do if they find, or even think the

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

Examples of combination products may in

might be a victim of identity theft.

Simple steps can be taken to try to make ourselves less of a target. Be sure you shred all personal documents, mail, old credit cards/checks or any type

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

f financial information. Be aware that true companies will NEVER ask for your credit card or social security number over the phone. Never leave ATM receipts at the machines. Be careful what we

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

sites you give information to. You may know nothing about a website besides its website address. You never know who is at the other end of the website, a possible predator waiting for your per

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

Combination pro

onal information. All of these documents can allow you to become a victim of identity theft. You need to remember it only takes one bit of information to increase your possibility of having yo

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

ur identity taken by a stranger.

If you find or even think you have been affected by identity theft there are steps you need to take promptly to reduce the damage that can be done to your cre

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

it report.

1. Call the Credit Bureaus and put a “Fraud Alert” on your credit files.

Call at least one, if not all three of the credit bureaus (transunion, Equifax and Experian) and inform th

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

m that you have had your identity taken. They will put a “fraud alert” on your personal credit file. This will make it nearly impossible for anyone to open any type of credit account with your

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

information. If any type of credit application comes across the bureau, with this alert placed on your report, they will have to contact you to verify the credit application is yours.

2. Cont

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

ct local authorities

Make local authorities aware of the crime so that they may begin to look into helping your instance and possibly stop it from happening from someone else. Say you had mai

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

Following aspects would a

l stolen out of you mailbox, other neighbors may have been or may become a target for the predator. You will also, after reporting the crime, have documentation of the crime to give to credito

dd to the challenges in developing combination products:

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

s if your credit report has already been tampered with. The process of getting information off that has been damaged by the crime is often a long, tedious task and at least you will have the p

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

lice report to back up your claims of false information on your credit report.

3. Close accounts you think have been affected

As mentioned, the process of getting information off of your cre

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

it report after becoming a victim of identity theft can be a very long a grueling task. You need to be pro-active and get accounts closed that may be tampered with before damage can be done. A

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

cording to the Identity Theft Resource Center, nearly 70% of people who had been victims of identity theft said they were still trying to get items on their credit reports that had been affect

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

Professional from academic institutions, pharmaceutical industries, health care indust

ed removed from their reports.

4. Contact the FTC and file a complaint

The FTC has generated a database to help law enforcement and give them a better understanding of identity theft and fin

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

ways they can help prevent acts in the future as well as ways to assist victims in the future.

5. Watch you credit report for unknown changes

You are you most powerful ally. Become proactiv

.

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

and rely on no one but yourself. Take advantage of free credit reports, sign up for monthly services that will give you alerts when there are any changes to your credit report.

Identity Thef

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

Companies that provide selfless information through particip

is a horrible, crime which has very personal affect, which can cause deep emotional distress to think that someone is out there with your identity. Take steps to avoid becoming a victim today

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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