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  • Digg It - Identity Theft Scams Revealed

    There are so many new ways to steal and defraud consumers out of their money. You should be aware of new identity theft scams. After all, knowledge is your best pr
    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
    otection.

    People will go through your dumpster, steal your mail, take your wallet, eavesdrop on your cell phone calls, intercept your faxes and hack into your com
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    uter. Email scams and internet scams abound. Twenty percent of all identity theft cases involve the telephone or internet. The other 80% are a little more personal
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    .

    Here are a few scams that you should be aware of:

    The Credit Card Scam Alert

    You get a phone call from a credit card company employee that tells you there may
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    have been some fraudulent charges to your account. They ask for the code on the back of your card as a confirmation of your identity.

    You should never give that n
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    mber to anyone who calls you and asks for it. They may be very professional. They might even explain to you how a scam works. You should call your credit card comp
    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
    any number listed on the back of your card and confirm that they made the call. Chances are that they didn't.

    Account Verification Emails

    This scam is also known
    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
    as phishing. You often receive an official looking email from your bank or ebay or paypal that asks you to verify your account information. You may even be asked f
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    or your credit card number or Social Security number. Don't reply. Just delete the email and notify the company. Never give your account information to anyone who
    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
    ontacts you. Contact the company through its website or by telephone if you have questions.

    The Nigerian 419 Scam

    This is an email from the representative of a f
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    reign government, often Nigeria, that asks you to help move money from one account to another. An estimated $100 million a year is lost to this scam. This Nigerian
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    scam makes up 12% of all scam offers, according to a recent National Consumers League poll. It can be in many variations, including a dying woman, a soldier and o
    dd to the challenges in developing combination products:

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

    The Canadian Lottery

    You cannot win the lottery without first buying a ticket. If someone tells you otherwise, it is a scam. This scam can cost yo
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    u over $20,000. If you receive this scam offer in the mail, turn it over to your local postal inspector.

    Free Credit Report Email

    They aren't seeking you out to
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    ive you a free credit report. This is often a way of getting your social security number. Make sure that you never enter your credit card information in the proces
    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
    of obtaining a free credit report. If you do, you will pay.

    Questionnaires

    These often come from an "old friend" or chat room friend. It is usually a questionna
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    ire that is then used to find out your birth date, passwords (through your favorite things) and even your social security number. Don't answer these or even reply.
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    Simply delete the email or throw the mail away.

    You should never give out your Social Security Number unless it is absolutely necessary. You do not have to give i
    .

    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
    t to apply for a job. Simply state that you will provide it once hired. Some people break into offices just for the information on those job applications. Other jo
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    s aren't legit, just a way to get personal information.

    Anything that appears off or out of the usual, often is. Trust your gut and don't give out any information


    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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