Diversion/Theft
PSM asks major online pharmacy sales platforms for information
PSM asks major online pharmacy sales platforms for information Today, the Partnership for Safe Medicines wrote to the leading online platforms that enable pharmacy-to-pharmacy drug sales to address a potential danger to the safety of the drug supply. PSM is concerned that counterfeit and diverted medication might be sold on online pharmacy-to-pharmacy platforms by criminals…
[...]Are below cost reimbursement practices by Pharmacy Benefit Managers creating opportunity for criminals to enter the legitimate supply chain?
PBMs, by under reimbursing pharmacies, are creating a demand for pharmacies to seek lower priced medications even when they can’t exist at that price.. Criminals appear to be happy to become part of the supply chain.
[...]Breath Fresheners Substituted for Legitimate Medicine in $50M Diverted Pill Scheme
The former president of Cumberland Distribution, Inc. was sentenced to 15 years in prison for his role in a 32-month long scheme that saw over $50 million of diverted drugs shipped to pharmacies around the country, according to the U.S. Department of Justice (DOJ). Indicted in January 2013 along with co-conspirators Charles Jeffrey Edwards and…
[...]Med-Fast Settles Civil Case Over Selling Reused Medications To Nursing Homes
Instead of destroying unused medications, Med-Fast Pharmacy in Pennsylvania recycled and resold them to nursing homes. The company recently reached a settlement with the Department of Justice and agreed to a $2.6M fine…
[...]Increased Vigilance Secures Medical Supply Chain
Pharmaceutical cargo theft rates have stayed flat since 2008, after a 283 percent increase between 2006 and 2008. Ed Silverman of Pharmalot reports that “attempts to curtail hijacked trucks and warehouse burglaries may be making a different in the rate of pharmaceutical thefts” due to increased vigilance by drug makers. Most pharmaceutical cargo thefts are…
[...]Pharmacy Technician Indicted in Major Drug Diversion
April 25, 2011 – Cleveland, Ohio prosecutors have charged four people in a forty count indictment for allegedly conducting a major prescription drug diversion ring, dealing millions in painkillers. Cuyahoga County prosecutors said that drugs were obtained with the help of a pharmacy insider and then sold on the street. Ebonie Hubbard, a pharmacy technician…
[...]Bulk Medicine Theft from Manufacturer in Australia
An Australian pharmaceutical company was broken into and robbed of almost 260 pounds of prescription medication on March 7, 2011. The Australian company, Jalco Group, was robbed of 110 pounds of pseudoephedrine and 150 pounds o opioid analgesic codeine estimated by the police to be worth be resold on the street for $43 milion, reports…
[...]Police Looking for Info on Large Pharmaceutical Theft
A large pharmaceutical theft occurred at a drug manufacturing facility in Ontario and now the police are asking the public for help. Niagara Regional Police said that in late August a large quantity of pseudoephedrine was stolen from the Fort Erie pharmaceutical manufacturing company in Fort Erie, Ontario, according to the Buffalo News. After having…
[...]Pharmacist Risks Life to Stop Drug Theft
A Florida pharmacy owner recently averted a pharmaceutical theft when he wrestled the would-be robber’s gun out of his hand. Snehal Patel owns Money Saver Pharmacy in New Port Richey, Florida, and told the St. Petersburg Times that he stays calm under pressure. “You have to be calm,” said the 37-year-old Patel. “That’s when you…
[...]Florida Police Investigate Theft of Pharmaceuticals
A Florida sheriff’s department is currently investigating a theft of pharmaceuticals that took place recently. SNN Local News 6 reported that the owner of the Medical Arts Pharmacy on Bee Ridge Road in Sarasota County returned one morning and found the front door of his establishment smashed. Local police told the news provider that it…
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