Can result in seizures One of the region's biggest-ever seizure of counterfeit drugs
occurred in 2007, when Dubai Customs seized five million sexual stimulant and sedative tablets worth more than AED20 million.
(41) Furthermore, many African nations are lead by corrupt government regimes that fail to regulate counterfeit drug
Since counterfeit drugs
are generally difficult to detect, reporting on the problem is erratic.
(99) Most thefts, diversions, and counterfeit drug
breaches occur when participants in the supply chain physically change the handling of the product to another member of the supply chain.
law enforcement enacted the Prescription Drug Marketing Act of 1987 to close off the supply chain to counterfeit drugs
, but the pharmaceutical landscape has since changed dramatically.
- Counterfeit drugs
account for approximately 10 percent of the global drug market.(3)
SupplyScape Electronic Pedigree is the first solution to comply with both the federal Prescription Drug Marketing Act (PDMA) and state drug pedigree laws to eradicate counterfeit drugs
, by using the Electronic Product Code (EPC) and RFID industry standards already adopted by the U.S.
It is not clear from the public information whether any of the mislabeled or counterfeit drugs
got into the legitimate distribution chain (meaning that anyone's medicine could be at risk) -- or whether they were ordered from unknown Web sites that could have been set up by anybody.
The counterfeit drug
market was valued at $85 billion at the end of 2015 and is ever expanding, said Dr Amin Hussain Al Amiri, assistant undersecretary of public health policy and licensing sector at the ministry, while delivering the keynote address at the two-day Second International Conference on Medicine Counterfeiting held in association with international agencies such as the Pharmaceuticals Security Agency for Europe Middle East and Asia (EMEA), the US Food and Drug Administration, Interpol, UAE Ministry of Interior and Ministry of Justice, among other stakeholders.
NEW YORK -- Counterfeit drugs
, consolidation and quick Food and Drug Administration approvals are presenting new challenges to the pharma industry, according to the fourth quarter 2015 Stericycle Recall Index released last month.
He agreed that with the availability of spurious and counterfeit drugs
, it is not only the consumers but the Pharma industry was also suffering and we fully support action against spurious and counterfeit drug