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Ebay scams abound, on both the buyer and the seller side. Granted, Ebay is a great way to sell or buy products online, however, do not participate with your eyes closed. Always be aware of what

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

is going on within the auction world and protect yourself -- whether you are a seller or a buyer. Here is a sample of some of the current 2007 Ebay scams going around.

Buyer Side Scams

Wester

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

Examples of combination products may in

Union Scam -- The scammer states that they can only accept payment via Western Union. The buyer find the product the seller is advertising to be so enticing and below cost, that the buyer can n

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

ot resist. So, he/she will agree to send money thru Western Union to purchase the product. What happens- 1) they may never receive the product from the seller. 2) The seller will send a product

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

ot of the quality advertised.

Rule of thumb: Never,eversend money to a complete stranger via Western Union.

Fraudulent listings-auctions-- fraudulent auctions contains links that direct buyers

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

Combination pro

to spoofed sites that attempt to phish their Ebay credentials.

The Fake Escrow Account - The scammer utilizes an email to purport the scam. When a buyer states an interest in buying,they receiv

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 an email from the seller(scammer) that states to please send their payment via a wire transfer through an "Ebay trader". This is where the scam gets interesting: the "Ebay trader" notation is

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

he scammer's attempt to fool the buyer into thinking that this is truly a secure escrow account, when in fact it is not. Where does the money go? The money is deposited directly into the seller'

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

overseas account.

If you are wanting to buy:

1) Ask questions of the seller about the item

2) Verify seller's contact information-before you submit money to seller 3)Make sure your method

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

of payment offers protection. Paypal is the safest way on Ebay, 4)If seller accepts only cash or cash wire transfers -- do not bid on listing 5)Be cautious when consider escrow accounts 6) If

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

you received an email that says it was sent by Ebay-verify. You can verify that the email is real by forwarding the email to spoof@ebay. They will respond in 24 hours to tell you if it is real o

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

Following aspects would a

fake.

When the Seller Is Scammed

The seller can also be scammed. So, for the newbie wanting to try their hand at Ebay selling, make sure you do a little research, and have things set up to pr

dd to the challenges in developing combination products:

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

otect yourself and your business. Here are a sample of some of the scams sellers can encounter.

1) Fake credit card, check or money order

2) Utilizing the chargeback feature - the buyer, using

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

their credit card, will purchase the item. So far, so good. However, once the product has been received by the buyer, they will issue a chargeback. The scammer is banking on the fact that you d

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

not have enough proof that you sent the product -- giving them an out and the product. But where will that leave you, the seller? In most cases, You will not get the product you sent to the bu

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

yer(1 loss); and the 2nd loss, you will be responsible for the chargeback charges.

Rule of thumb -- make sure you keep accurate records and that you work with a delivery service that includes t

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

Professional from academic institutions, pharmaceutical industries, health care indust

acking numbers to verify the product was sent.

3) Stolen credit card - The scammer buys with a stolen credit card. The scammer gets the product, but then the owner of the stolen credit card cal

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

s the credit card company stating that their credit card has been stolen. The credit card company, in turn, orders a chargeback. Again, the seller is responsible for the chargeback charges.

4)

.

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

Ebay Account hijackers -- is where a scammer hijacks the account of a legitimate seller with a good feedback record. This is bad for the legitimate seller and the buyer. Both lose.

To conclu

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

Companies that provide selfless information through particip

e, if you are wanting to try your hand on Ebay, whether you are a seller or a buyer, do not go blindly into it. Get the facts, know the red flags, and thus, when you should back away from a deal

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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These marketing relationships will prove to be some of the most mutually profitable relationships you can have in business. When local businesses unite in a spirit of service and gratitude to the community at large, customers feel proud to support them. Your customers will drive home with more than a crinkled credit card slip; they’ll have confidence in their purchase and in you.

Although businesspeople are pretty much stuck with PowerPoint these days, and probably will be for the foreseeable future, there have been a few pioneers out there who are trying to change the ways we use slides to convey information or persuade others to see things our way. And so even though PowerPoint is still very much alive and kicking, we think that bullet points as knowledge builders might be doomed: some designers at the cutting edge are trying new forms and structures.

There will come a time in your business where you feel ready to add another service offering. To make this successful, there are ten tips to consider before moving ahead. 1) Revisit your business pl...

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