Drug Counterfeiting

Counterfeit medicines have been pervading the pharmaceutical industry, with a sharp increase by 51% between the years 2011 and 2015 as per the Pharmaceutical Security Institute in Vienna. The high reimbursement costs of medicines due to the higher R&D risks have attracted a massive chain of drug racketeers that sell spurious medicines at prices too good to believe. Even legitimate pharmaceutical supply chains, including community and online pharmacies, haven’t been spared by adulterine medicines. Counterfeit drugs pose a serious health threat to the public and cause serious financial damages to pharmaceutical companies. Fake medicines are of two kinds – contaminated, contain the wrong or no active ingredient; or could contain the right active ingredient at the wrong dos...

Drug counterfeiting has become a menace in the Pharmaceutical Industry. It has become an easy means for fraudsters to make money and there seems to be no end to their menace. But, What is Drug Counterfeiting? Drug Counterfeiting is forged drug which consists of either a wrong or no active ingredient. The drug may sometimes even have a correct active ingredient but taken in wrong dose. They’re very illegal according to the law of the land and most importantly dangerous to the health. Reach of Drug Counterfeiting in the Market: The shocking aspect of this menace is that it is happening in both first and third world countries. It has come into limelight only after a majority of death cases happening on a regular basis. According to the World Health Organization (WHO) estimates, it is pre...

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Issues with Detecting Counterfeit Drugs

Be Aware of Drug Counterfeiting