Nigeria: Global Sales of Counterfeit Drugs Hit $32bn
Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC), Prof. Dora Akunyili has stated that global sales of counterfeit drugs estimated at $32billion has dealt a crippling blow of $46billion annual loss to the pharmaceutical industry world wide.
Akunyili stated this yesterday while addressing hundreds of African Regulatory Heads and officials who converged at Indaba Conference Centre in Johannesburg, South Africa to share strategies on combating the hydra headed problem of drug counterfeiting in the region.
7 February 2008