Pharmaceutical Distribution and Logistics

May192016 by Pharmaceutical TechNo Comments

Drugs Shortage and its Impact on Counterfeit Drugs

Drug Counterfeiting, Economic and Regional Development, Pharmaceutical Distribution and Logistics

Drugs Shortage Though the word shortage refers to the availability of less, its presence is not clinging to its meaning by swirling around the world with a strong presence, yet another area shadowing by 'shortage' is drugs. The world that has been witnessing the shortage of food and shelter is also taking into its account the shortage of drugs, several hospitals and pharmacies are heading into this dire problem and experiencing a gamut of serious health issues. If scarcity is drugs shortage renowned face then the other intimidating face is the raise of counterfeits. The short fall of drugs apparently become the lifeblood of thought to produce counterfeits which causes serious illness and sometimes even death can speak with the voice of counterfeit medicines. The usage of counterfeit drug...

Is South Africa Trying to delay Patents on New Medicines?

Economic and Regional Development, Pharma Industry, Pharmaceutical Business Development, Pharmaceutical Distribution and Logistics, Pharmaceutical Patenting

In a recent report by the Guardian, it was revealed that leaked documents showed lobbying proposals to delay laws that would allow fast introduction of generic medicines in South Africa. Shockingly, this means patents on breakthrough (read recently discovered medicine) drugs could be halted, but for what? If the changes to the new intellectual property law take place, this could be a definite reality, warns the Guardian. Drug companies in South Africa have been accused of planning a covert, well-funded campaign to delay the introduction of laws that threaten their profits. Leaked documents show that pharmaceutical companies planned a $450,000 campaign, involving a high-profile consultancy based in Washington, DC, against changes to intellectual property laws that would enable their pat...

Patents: A Way of growth for Pharmaceutical Companies

Pharma Industry, Pharmaceutical Distribution and Logistics, Pharmaceutical Patenting, Pharmaceutical Purchasing, Pharmaceutical Quality Assurance

Recent developments in the pharma sector, triggering the concerns of cold wars amongst few companies pertaining to the patents for certain drugs, it only reflects as to how standard are our patenting laws, and what are the pro’s and con’s of the international patenting procedures of various countries, and how it implicates the growth of the Industry. In 2005, India has amended its Patent Act, to protect the interests of the patenting company. Grating a patent gives the company leverage to manufacturing and marketing of the product in exclusivity for a period of 20 years. Despite of amending the patent laws and the regulations, still the companies couldn’t come to terms with the prevailing conditions of the global market. It’s not a surprising factor, that today there are so many ...