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  • Just Answers - Identity Theft – What You Don't Know Can Definitely Hurt You

    As the internet technology has made shopping, banking and business transactions more convenient by taking it all online, so has it also taken fraud and thievery to a higher, more
    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
    technologically-advanced level: identity theft.

    What is identity theft? Identity theft is the stealing of identity through the internet. But can identity be stolen, you ask. As l
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    ong as you have Social Security number, bank account number, credit account number, health card number, your identity can be stolen.

    The internet is already full of reports on id
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    entity theft. How is it done?

    Identity theft is done by malicious individual entities or groups who may not even necessarily have a thorough know-how on the ins and outs of compu
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    ter tapping and computer hacking. An unsuspecting individual may make a bank transaction online. As he needs verification with the other party he is conducting business with, he m
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    y have to give an Social Security number, or a health security number or credit card or credit account number. Identity thieves and identity criminals operate on stealth. They can
    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
    easily gain access to the information you have divulged to the bank you are transacting with. With these information, they can use your identity, make credits in your account, de
    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
    posit dirty money for laundering in your bank account, make purchases, buy homes, yachts, travel, drain your funds, and basically just do everything they want using your identity
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    and your life.

    Though it is important to understand that these banks, shops, credit companies have gone to extreme measures in protecting their clients’ valuable information and
    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
    protecting their clients’ identities, these identity thieves are also coming up with methods and techniques in counteracting these protective measures as fast as your banks, hospi
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    als and credit companies make them.

    Due to the rampant occurrence of identity theft nowadays, especially with the global commercial interaction through the internet, identity the
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    ft is now considered a crime. Recent reports have also shown that identity theft has gone to a higher and larger scale level with identity thieves stealing not only individual ide
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    ntities of common, ordinary people. Identity thieves have now also penetrated company identities.

    If these identity thieves have gained access to important identities from these
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    large, powerful, protected company, imagine what these identity thieves can actually gain from your unprotected internet-exchanged information. Protect yourself by making sure no
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    one is looking behind your shoulders when typing valuable personal information. Erase and delete all website history and visited web pages before logging off your computer so that
    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
    no one can access what information you may have just encoded. Apply for monthly credit reports and immediately inform your credit company for any suspicious credit purchases you h
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    ave not transacted. Read a lot of information, updates and news reports on identity theft and educate yourself on the manner by which these identity thieves operate. And although
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    you cannot directly stop identity theft, you can make it a lot harder for these identity thieves and reduce the chances or possibilities of your identity being stolen by counterac
    .

    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
    ting any new methods they might have on stealing identities.

    When it comes to the vulnerability and susceptibility of your personal identification information in the internet, yo
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    u can never be too careful in preventing identity thefts. Where identity theft is concerned, prevention is definitely better than cure, as the latter may just be a little too late


    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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