COUNTERFEIT DRUG CIRCULATION ALARMING
The 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 than ever are threatened by these counterfeiting operations.Circulation of illegal medicines has reached alarming levels in the country, threatening both consumers and the pharmaceutical industries, according to an industry group
Presenting an estimate by the World Health Organization, Thierry Powis of International Pharmaceutical Manufacturers Group (IPMG) said about 10 percent of traded medicines here were either illegally distributed or fake "The government so far has acknowledged about 1 to 1.5 percent," Powis said
25 April 2008