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The Partnership for Safe Medicines (PSM) today applauded a multi-national effort that resulted in 76 people being arrested or placed under investigation for selling counterfeit drugs online. Operation Pangea III was coordinated by INTERPOL.
Read MoreINTERPOL Video on the Dangers of Illegal Online Drug Purchase courtesy of INTERPOL
Read MoreOctober 14, 2010
Lyon, France – INTERPOL has announced that 45 countries took part in a week of sweeps targeting the sale of counterfeit and illegal medicines over the internet. 76 criminals were arrested around the globe and 11,000 packages of fake drugs were impounded by regulators and customs officials. In total 290 online pharmacies selling fake and illegal drugs were shut down.
In total 290 online pharmacies selling fake and illegal drugs were shut down.
Read MoreThe government of South Korea recently revealed that it had seized $5.58 billion worth of counterfeit goods since 2006, including a substantial quantity of fake medicines. According to a report submitted by the Korea Customs Service to the Strategy and Finance Committee of the National Assembly, $157.8 million of fake drugs had been seized by Korean authorities since 2006, reports…
Read MoreThe International Society for Pharmaceutical Engineering recently put out a White Paper that suggests ways to increase supply chain security. The ISPE White Paper states that its purpose is to present “how an integrated approach can facilitate supply chain security by suggesting ways of augmenting the pharmaceutical quality system to prevent and detect adulteration, counterfeiting, illegal diversion, and theft.” The…
Read MoreThe European Union loses more than €50 billion each year because of healthcare fraud, including the provision of counterfeit medicines. The European Healthcare Fraud and Corruption Network (EHFCN) recently revealed research at its annual conference in Brussels that fraud in the healthcare system is costing the European Union €50 billion each year, according to EurActiv Network. Part of the reason…
Read MoreNigeria’s National Agency for Foods and Drugs Administrations and Control (NAFDAC) recently announced that its utilization of sophisticated anti-counterfeiting technologies has so far been effective in the fight against counterfeit drugs. Director-General of NAFDAC Dr. Paul Orhii speaking through the Deputy Director Enforcement, Garba Macdonald, said that the agency had destroyed 450 million Nigerian naira worth of counterfeit drugs in…
Read MoreThe dangers posed by online pharmacies and the drugs they sell is becoming increasingly well known. However, consumers may overlook the fact that they are dealing with unscrupulous individuals when they buy pet medication over the internet. The U.S. Food and Drug Administration says that it has found a number of illegal online pharmacies that peddle pet medications, according to…
Read MoreA recent Korean study showed that buying erectile dysfunction medication online can pose serious health risks. The Korean researchers presented their findings at the recent 105th Annual Scientific Meeting of the American Urological Association, according to ModernMedicine.com. Dr. Kewon Min of Busan Paik Hospital in Busan, Korea, said it could be very dangerous to buy ED medication over the internet.…
Read MoreA combination of new technologies is being used to secure drug supplies. A new intelligent refrigerator uses RFID to monitor contents. It is expected to help fight against the theft of pharmaceuticals, contamination and counterfeit distribution. In August, a patent was issued for an intelligent refrigerator [pdf] to store pharmaceutical products. The refrigerator is intended to hold the medication until…
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