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  • Top Articles - The Anatomy of An Identity Theft Scam

    In this Ever growing Electronic Era Identity Theft is fast becoming the choice of white collar criminals. The Internet
    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
    is making Identity theft a global problem of near epidemic proportions.

    In the past Identity theft scam artists would
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    scavenge the garbage cans of retail stores for Carbon Copies of charge receipts. Now that most store are going carbon
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    ess or even paperless the Identity thieves need to find other methods.

    Identity thieves are adapting and are using low
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    tech and high tech methods to steal your identity. The most popular low tech method is taking your mail from your mai
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    l box. Not so much your incoming mail but your outgoing mail. Many people leave outgoing mail in their mail box for t
    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
    e postman to pick up when they deliver your mail. If you are paying a credit card bill by check the thief now has your
    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
    Name, Address, Phone Number checking account number and credit card number. Drop your bill payments in a secure mailb
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    ox that is locked or better yet directly at the post office.

    The real high tech Identity thieves will attempt to hack
    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
    nto databases where credit cards are stored. Other high tech thieves use camera's and other devices to steal your pin
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    number at ATM machines.

    Possibly the most popular high tech scams involve e-mails. These E-Mail Identity thieves will
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    send you an e-mail pretending to be a Bank, Credit Union. Online Stock trading company and ask you to click on a link
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    nd verify your account. Never click on a link in an E_mail and enter credit card or any other personal information. C
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    all your bank, Credit union or other financial institution and tell them you received such an E-mail

    Other Popular E-m
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    ail Scams pretend to be collecting charitable donations. Again call the charity direct or do a Google search for their
    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
    web site and give that way. Never click on a link in an E_mail and enter credit card or any other personal information.
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust


    Still another E-mail Scam pretends to be popular online companies like Paypal, Stormpay, EBay or many others and agai
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    n request you click on a link and enter your bank account or credit card information. Never click on a link in an E_ma
    .

    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
    l and enter credit card or any other personal information.

    You shouldn't fear the scamers. You shouldn't be afraid to
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    purchase online or do online bill pay. You just need to be sure to take the necessary precautions to protect yourself


    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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