Useful Advices - Business

We are a law firm which means you have attorney client privilege – We specialize in Offshore Asset Protection. All of your affairs handled with us are covered by attorney client privilege which means that we could not reve

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

al anything about you or your affairs without your specific permission or unless we were ordered to do so by a Panama Court (not a common occurrence). You can benefit from the legal protection and security of dealing with

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

Examples of combination products may in

licensed Panama Law Firm. If you buy an offshore corporation, offshore trust, offshore foundation or an offshore bank account from a non- law firm they could freely reveal your confidential information which they collect

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

from you like name address, passport, name of corporation, bank account information etc. without any statutory penalties, in other words you do not have the benefit of attorney client privilege. Some of these corporate res

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

le agents say they have some sort of financial privacy protections but it is flimsy and cursory at best.

Why use Panama – Panama is currently the new Switzerland and is also the number one retirement haven in the world. P

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

Combination pro

anama does not tax offshore derived income, capital gains, etc. All tax violations in Panama are civil offenses, none are criminal and Panama has no tax treaties with any country. Panama actually requires all corporations

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

o be formed by a lawyer to protect the privacy of their 400,000 corporations on file thus ensuring renewals each year. Panama cares about privacy, bank secrecy and asset protection. We only deal in Panama which is consider

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

ed to be the most private jurisdiction in the world today, with the best bank secrecy laws, best corporate and foundation anonymity and strongest attorney client privilege in addition to having world class banks. Panama ha

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

no hurricanes, no earthquakes, no active volcanoes and no tsunamis which is why the Panama Canal was built here. So you do not have to worry about being unable to contact your bank by internet or telephone because a storm

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

just passed over their island. Since we are in Panama we can and will represent any of clients who need legal representation in Panama with affordable rates ($150.00 hour). And yes we do get in our car and go down to the

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

anama banks representing our clients to open their bank accounts and to resolve any issues or problems that may come up down the road when our clients need our assistance. We are your corporate resident agent and would rec

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

Following aspects would a

eive any official notices on behalf of your Panama Corporation or Panama foundation and of course we would understand the notices and could advise you not just say "hey, you got a document you need to read". We are reachab

dd to the challenges in developing combination products:

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

e by phone and email seven days a week and of course all communications with us are privileged communications. Always feel free to ask us questions by phone or email.

To learn more about why Panama excels as an Offshore J

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

urisdiction go here: http://www.panamalaw.org/attributes.html

To learn more about Panama Asset protection click here: http://www.panamalaw.org/asset_protection.html

Panama Banking – Panama boasts of having 150 internat

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

onal banks which is a living testimony to their strong bank secrecy laws please keeping in mind Panama is a country of 2.9 million people and these banks are in Panama City which is only about 9 square miles. All the banks

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

we deal with have online banking including the ability to send international wire transfers. You do not need to come to Panama to open a bank account but you do need to supply reference letters and passport copies. You ca

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

Professional from academic institutions, pharmaceutical industries, health care indust

even get up to 7% interest on 5 year deposits. The national currency in Panama is the US dollar but some euro accounts are available.

Panama Anonymous Bearer Share Corporation – Such anonymous corporations are called by

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

this term in Spanish - sociedad anonima. These corporations have no registry or database into which are entered the owners of the corporation. Ownership is through the printed stock certificate called bearer shares. There

.

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

s no tax on offshore derived income other than the $300 annual tax included in our prices. Transfers of ownership do not have to be reported. With a Panama bearer share corporation wires moving through the wire system are

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

Companies that provide selfless information through particip

not associated with any natural persons for more privacy. Panama corporations can be formed in 2-3 days. Panama bearer share corporations can own real estate anywhere in the world under Panama law.

http://www.panamalaw.or

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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