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The OECS has mounted an advocacy campaign to help identify and deal with counterfeit medicines. A series of regional consultations facilitated by the OECS Pharmaceutical Procurement Service (PPS) started in Castries, St. Lucia on 5 June to highlight the issue. The PPS reported that participants were amazed at the magnitude and dangers posed by counterfeit drugs. 12 June 2008 Read…
Read MoreIf Congress and the FDA truly want to avoid another deadly incident of failed drug safety, our policy makers must take this opportunity to address the other vulnerabilities threatening the safety of our prescription drugs. The Partnership for Safe Medicines has developed three core principles to support quality assurance programs and establish a drug distribution system that is without compromise.…
Read MoreCyber-crime pays. But selling counterfeit drugs apparently pays better. Some of the world's most prolific spammers used to tout products for a few pennies per million e-mails or con consumers into forking over credit card information. But these groups have found that the most profit and growth potential lies in actually shipping the fake Viagra and other products they're hawking,…
Read MoreThe proliferation of counterfeit drugs on the global market and easy availability via online pharmacies is an increasing problem. The makers of counterfeit drugs have enjoyed and profited from loopholes in a system designed to deliver healthy medicines to those in need. The rising cost of prescription medications and the ubiquitous presence of online and overseas pharmacies means more people…
Read More(Bloomberg) — Counterfeit medicines are on the rise worldwide, as criminals capitalize on the growing use of the Internet by consumers searching for inexpensive drugs. Seizures of bogus prescription medicines jumped 24 percent to 1,513 incidents in 2007, and illicit versions of 403 different prescription drugs were confiscated in 99 countries, according to the Pharmaceutical Security Institute, a Vienna, Virginia-group…
Read MoreFinnish Customs has been seizing a growing volume of counterfeit medications. Officials say that they expect an ever sharper upswing during the summer months. Most counterfeit pharmaceuticals are purchased through the Internet, but more and more are being found in shipments on cargo planes arriving from Asia. Last year, customs in Finland seized over 120 000 doses of fake medications.…
Read MoreThe proliferation of counterfeit drugs on the global market and easy availability via online pharmacies is an increasing problem. The makers of counterfeit drugs have enjoyed and profited from loopholes in a system designed to deliver healthy medicines to those in need. The rising cost of prescription medications and the ubiquitous presence of online and overseas pharmacies means more people…
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