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These six ways to prevent identity theft offer you valuable tips against the fastest growing crime in America today

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

. In 2004, more than 9.9 million Americans fell victim to many types of identity theft scams, costing them nearly

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

Examples of combination products may in

$5 billion.

Their finances were severely hurt because they never thought it would happen to them. Hopefully, this

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

article will help many of you so you won't become a new victim of this terrible crime.

Here are six ways to preve

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

t identity theft.

1. Shred any documents you receive that contain any personal information. This includes credit c

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

Combination pro

ard receipts and pre-approved credit applications. This important tip alone can offer you more protection against

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

identity theft than any other suggestion here.

2. Never give personal information to people over the phone, on the

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

Internet or through the mail. Identity thieves will claim to be from the government, your bank or even law enforce

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

ment. Keeping your personal information private is one of the best ways to prevent identity theft.

3. Check 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

credit reports from all three major credit bureaus at least once a year and look to see that everything is accurate

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

If you find an error, dispute it immediately for protection against identity theft.

4. Be aware when your bills

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

Following aspects would a

usually arrive every month and check them over carefully. Thieves can steal your credit card statements and this p

dd to the challenges in developing combination products:

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

opular type of identity theft has been around for decades.

5. Don't use common numbers like your birthdate or the

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

last four digits of your Social Security number for your ATM password. If you have done this change it immediately

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

This is a common mistake people make and one of the quickest ways to prevent Identity theft.

6. Never give out y

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

our Social Security number unless it is absolutely necessary. Your employer, financial institution and doctor need

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

Professional from academic institutions, pharmaceutical industries, health care indust

it for identification and tax reporting. But if someone else asks for your Social Security number, always question

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

hy they need it and be cautious when giving it to anyone.

For maximum protection against identity theft keep any 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

ersonal information about you as private as possible. Use these 6 ways to prevent identity theft and you will have

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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