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GUANGZHOU: Five lawyers in Guangzhou have submitted a proposal to the National People's Congress (NPC) to amend the Law on the Protection of Consumers' Rights and Interests. "We have suggested introducing the measure of punitive damages into the law of China. We hope worse punishments for counterfeit makers can stop fake products damaging people's health," said Chen Beiyuan, a senior…
Read MoreAfter ordering a prescription drug for his enlarged prostate earlier this year from a Canadian pharmacy, a 76-year-old Santa Fe man received a letter from the federal government informing him that it had confiscated the package. The man, who did not want to be identified, said he saves more than $200 every three months or so by buying two prescription…
Read MoreAbstract. The use of medicines is ubiquitous. The benefits of pharmaceuticals are sought by virtually all citizens around the world to assist in sustaining life, treating illness, and preventing disease. As such, they represent a significant tool in promoting the quality of human existence. Because of this extensive demand for drugs for these purposes, there is money to be made…
Read MoreAbstract. Varying prices for medicines create incentives to move products from one market to another in an effort to arbitrage the difference; this is known as parallel trade. Nevertheless, this situation allows nefarious individuals to introduce counterfeits into the drug supply due to weaknesses in detection. Both developed and developing countries around the world experience this phenomenon. The United States…
Read MoreA HOSPITAL in Jiangsu Province is investigating whether the death of two patients was caused by a fake drug made by a Heilongjiang Province drugmaker, a newspaper reported yesterday. The two men were injected with Armillarisin A made by the Qiqihar No. 2 Pharmaceutical Co Ltd, said the Modern Express. Wang Xiyong, 27, died on May 4, the report said,…
Read MoreThe Intellectual Property Rights (IPR) Department of Dubai Customs has confiscated significant quantities of counterfeit medicine in coordination with the UAE Ministry of Health, it was announced at a press conference held on May 30, 2006 at the Dubai Customs main building in Bur Dubai. The announcement was made by Mohammed Matar Al Mari, Executive Director of Customs Operations, Dubai…
Read MoreA general view of the World Health Organization's (WHO) annual assembly in Geneva. Health experts have warned that governments and industry were doing more to deal with the trade in counterfeit CDs than to tackle a growing wave of potentially lethal or harmful counterfeit medicines. 26 May 2006 Read the full story at www.todayonline.com.
Read MoreAgents with the State Bureau of Investigation and Drug Enforcement Administration on Tuesday raided two area pharmacies suspected of dispensing drugs based on illegal prescriptions obtained over the Internet. Woody Pharmacy in Mooresville and Woody Pharmacy-Waterside in Denver were closed by the N.C. Board of Pharmacy, and licenses of four pharmacists were suspended. KAREN GARLOCH24 May 2006 Read the full…
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