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Identity theft fraud in America has reached epidemic proportions having surpassed 27 million cases and increasing every year.

The banks

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

are taking identity theft fraud very seriously and have taken substantial measures to protect your identity and your accounts against s

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

Examples of combination products may in

ammers.

They have implemented a password protection for online transactions. When you use your online services, keep your secret passw

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

ord protected so only you know what it is.

All online bank transactions are now encrypted which converts your information into a secure

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

code, protecting you against would be hackers.

To protect yourself here are a few more things you should know about preventing identity

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

Combination pro

fraud :

1. Never give out information such as checking and credit card numbers or your Social Security number to anyone you do not kno

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

w.

2. Notify your bank immediately if you lose or have your checks stolen. They can be flagged with a fraud notice to block payment.

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

3. Don't give the PIN number on your ATM card to anyone and never write the number down and keep in your wallet. Always take your ATM

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

receipts with you after a transaction.

4. Shred any financial papers you receive before disposing of them. This includes any solicita

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

ion notices that you may receive for any credit cards or mail from other financial institutions.

5. If you don't receive a regular mon

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

hly bill, call the company to find out why.

6. Check out the bills you do receive to make sure all the transactions are legitimate. If

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

Following aspects would a

there is anything suspicious call the company immediately to stop any fraud from going any further.

7. Check your credit report at le

dd to the challenges in developing combination products:

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

st once a year to make sure the information is correct.

In December 2004 the Fair and Accurate Credit Transactions Act was put into ef

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

fect and one provision requires that the three major credit reporting agencies are to provide consumers with a free copy of their own cr

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

dit report.

Another provision to help fight identity theft is the National Fraud Alert System. This allows consumers who reasonably su

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

pect they have been a victim of identity theft can place an alert on their credit files. This alert will tell potential creditors that

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

Professional from academic institutions, pharmaceutical industries, health care indust

they must proceed with caution when granting credit.

Scammers can get the information they need to assume your identity from a variety

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

f sources. They range from stealing your wallet to digging in your trash. They may approach you in person, by telephone or on the Inte

.

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

rnet.

The sources of information about you are so numerous that you cannot totally prevent the theft of your identity. But identity th

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

Companies that provide selfless information through particip

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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