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If you want to trade shares over the Internet, then it has never been easier, or cheaper. But before you take the plunge it is worth

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

taking the time to make sure your seemingly reputable online stockbroker is legit. As I say below, looks can be deceiving. In its dar

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

Examples of combination products may in

er recesses the web hides some accomplished scam artists.

With this in mind, the very first thing you should do check is whether the

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

company you have signed with is both legal and authorised. The former is self explanatory, while the latter refers to whether the bro

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

er is registered with the Financial Services Authority, the City watchdog.

Start with the FSA website (www.fsa.gov.uk/consumer/fcs/i

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

Combination pro

dex.html). The link I have included is to a very simple, easy-to-navigate section of the regulator’s giant portal and contains a regi

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

ster of authorised firms, a contact centre and a list of 'unauthorised' illegal companies likely to rip you off.

The FSA warns: " If

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

the firm isn't authorised, you won't be able to claim a single penny from the financial services compensation scheme if the firm goes

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

bust and you've been badly advised or the money you gave the firm is missing."

Don't worry unduly if your broker is based in say Fr

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

nce or Germany. Firms operating from European Economic Area (EEA) countries are also be able to trade lawfully in the UK. But as a p

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

ecaution you should use the Consumer Helpline and Firm Check Service to ensure they are reputable organisations.

Entrusting your cas

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

Following aspects would a

h and investments to firms outside the EU is an incredibly risky business. Bear in mind the difficulty and expense of pursuing compla

dd to the challenges in developing combination products:

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

nts - especially if the firm is unregulated.

It is no guarantee that just because a website carries .uk, or .co.uk, it is a British-

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

ased broker. Remember this is cyberspace we are dealing with here. I don’t wish to put the frighteners on people, but if you send yo

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

r money to an illegal operator outside the UK, the chances of recovering any of that investment are close to zero.

Don't be taken in

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

by the look of the web site. It may appear impressive - and that of course is the whole idea.

Finally, is the site you're visiting r

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

Professional from academic institutions, pharmaceutical industries, health care indust

eally the site you want? In other words, is the address genuine? Sites run by legitimate firms can easily be copied. The address mi

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

ht be very similar to one used by a well-known company. If in doubt, call the firm to double check the site address. And don't rely

.

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

n the phone number given on the website - this will be bogus too!

Remember, before you entrust hundreds, or perhaps even thousands o

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

Companies that provide selfless information through particip

pounds to an Internet stockbroker it is worth doing the very basic checks. Happy share trading -- and remember, be careful out there

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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Media coverage about an emerging negative issue doesn't wait for you to have a good story to tell.

Nowadays, many people want to make money on the internet. Some of them want to be rich overnight while others just need a second income. Making money online filling surveys is easy, you just need to know how to do it right.

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Answers - Before You Sign Up With an Online Stockbroker

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