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Top Articles - Fighting Identity Theft
Chances are good that you know someone who has been victimized by the fastest growing cr
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
ime - identity theft. The Federal Trade Commission (FTC) reported that there were 10 mi
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
lion cases of identity theft in 2002 alone. It’s estimated that someone’s identity is s
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
tolen every 79 seconds.
The bad news is with increasing amounts of personal information
The bad news is with increasing amounts of personal information
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
available to an experienced identity thief, it shows few signs of slowing down. The go
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
od news is that identity fraud is now a federal crime with stiff penalties for those who
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
perpetrate these crimes.
Here are a few simple steps you can take now to minimize your
Here are a few simple steps you can take now to minimize 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
risk:
1) Check your credit report annually, if not more often. Most victims of identit
1) Check your credit report annually, if not more often. Most victims of identit
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
theft don’t realize they’ve been victimized until 14 months after the crime. By then t
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
he damage is done and you will spend a significant amount of time and money trying to co
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
rect it.
2) Keep your Social Security number private. Do not have it printed on your p
2) Keep your Social Security number private. Do not have it printed on your p
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
ersonal checks or drivers license. Do not share it with anyone, including merchants, un
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
ess they can provide a good reason for having it. Once someone has your Social Security
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
number they have the key to unlocking your identity and using it fraudulently.
3) Shre
3) Shre
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
offers for pre-approved credit cards that you receive by mail. Do the same with any re
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
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
ceipts that contain account numbers or your Social Security number. Identity thieves ar
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
not afraid to go “dumpster diving” in order to obtain your personal information.
Ident
Ident
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ity theft has become the fastest growing crime because it is the most profitable crime.
.
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
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
On average, the loss from identity theft is about $18,000.00. Taking these precautions
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
now can you save you from becoming another statistic in the fight against identity theft
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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