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This is a anonymous S.A. Bearer Share Panama Corporation that is additionally licensed by the Panama Government as a financial services corporation. The license is in the name

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

of the Corporation and your name does not appear on the license so privacy is preserved. This license allows the corporation to engage in certain financial activities in Pana

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

Examples of combination products may in

a. The license does not allow the entity to act as a bank, for this a bank license is required. Banks provide checking accounts, take deposits directly, make loans personal an

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

d otherwise, write mortgages etc. You can have another corporate entity contract with your Panama Financial Services Company to engage in activities in Panama that your other

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

orporation may not be allowed to engage in due to it?s domicile jurisdiction and lack of such a license there. This can all be done via e-commerce. Remember offshore derived i

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

Combination pro

ncome is tax free in Panama. AUTHORIZED ACTIVITIES:

1. General Financial Consulting – In some jurisdictions this is hard to get.

2. Third Party Payment Processing (Onli

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 included). This is the provision that is used to allow one to operate a Swedish Credit Union in Panama through a Panama Bank.

3. Factoring – This allows one to operate a fa

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

ctoring company factoring receivables.

4. Leasing – This allows one to do full service leasing.

5. Trading of Gold, Silver and Platinum (they consider this as a buy/sell tra

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

saction). If it is wholesale it is Type A License, if it is retail is a Type B License. In this type of Retail License the Directors of the corporation have to be Panamanian

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

s and we do provide this and is included in the price. This allows one to be say an E-Gold or E-Bullion merchant.

6. Trading of Foreign Currency. (The first 5 days of each mo

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

th this type of business must submit a declaration with client data for all transactions over $10,000 to the Financial Analysis Unit in Panama as part of their anti-money laun

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

Following aspects would a

dering program). This would allow one to operate as a money changer service.

7. Debit and Credit Card Management – This allows one to operate a service for third party ATM an

dd to the challenges in developing combination products:

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

Debit cards, processing payments to the cards etc.

NOT AUTHORIZED:

1. Financial Administration Services

2. Debt Collection – you would not be a collection agency.

3. Rece

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

ive deposits from third party – you are not a bank.

The corporation which holds the license can engage in the above listed authorized activities. In addition the corporation

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

an also engage in any other lawful activity that corporations in general can engage in, it is not restricted to the above activities only.

This is NOT a financial institution

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

per se such as a Bank or Savings and Loan. Such a licensed corporation could be used for payment processing in Tax Free Panama, for a licensed lawful financial entity in anot

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

Professional from academic institutions, pharmaceutical industries, health care indust

er country where there are taxes such as a Swedish Credit Union. You would also be able to hold the funds in a Panama Bank account with all the protections of Panama Bank Secr

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

ecy.

A Panama Corporation with such a license, can demonstrate to a Panama Bank or other financial institution that the company is lawfully authorized to manage third party f

.

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

nds inside the corporation bank account or an account it has with another financial institution. If you get challenged by a bank regarding having third party funds in your acc

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

Companies that provide selfless information through particip

ount this license should prove most helpful since you are lawfully allowed to do so, it is of course going to depend on the individual circumstances and jurisdictions involved

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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