Archive for January 2007
20% of medicines sold are fake: ASSOCHAM
The indigenous spurious medicines market has grown to Rs40bn from an estimated Rs30bn in 2005, as 20% of medicines are sold across India are fake, according to the Associated Chambers of Commerce and Industry of India (ASSOCHAM). The latest study 'Counterfeits, Spurious & Contraband Goods: Preventive & Remedial Issues, says that of the 20% fake…
[...]Is Your Medicine The Real Deal?
When Leslie-Ann Lescarbeau saw the sales pitch from a pharmacy called Med4Home on the Internet and TV in 2004, she couldn't resist signing up. Med4Home promised to deliver her medications right to her door and file her Medicare claims for her. Lescarbeau, 50, suffers from asthma and other lung problems and sometimes uses a wheelchair.…
[...]Accused in spurious drug case held
HYDERABAD: CID sleuths on Friday have arrested Rami Reddy Pandu Rangadu, an accused in a spurious drug case and against whom a non-bailable warrant was pending since 2001. Rami Reddy, who was nabbed from Satyavedu in Chittoor district, was brought to Hyderabad and produced before the court on Saturday. 7 January 2007 Read the full…
[...]Nigeria: Fake Drugs, Greatest Weapon of Terrorism – Akunyili
DIRECTOR-General of National Agency for Food and Drugs Administration and Control (NAFDAC), Prof. Dora Akunyili has described fake drugs and drug abuse as the greatest weapons of terrorism against public health. Prof. Akunyili said fake drugs caused treatment failures, worsening disease conditions as well as high death toll urging members of the public to rise…
[...]Drugs Most Commonly Counterfeited; FAKE DRUGS THREAT
It is illegal to buy or sell prescription drugs without a consultation with a qualified doctor VIAGRA, made by Pfizer, for impotence. Internet price is around [pound]20 for four tablets. Most widely sold prescription drug on the net. LIPITOR, made by Pfizer, for high cholesterol. About [pound]40 for 30 tablets. The world's best-selling drug. By…
[...]NHS patients face fake drug risk
Patients are being put at risk as counterfeiters target the NHS supply chain with fake drugs, regulators say. The Medicines and Healthcare Products Regulatory Agency (MHRA) warned it is investigating twice as many counterfeit cases as it was five years ago. The growth in fake drugs is said to be driven by huge demand for…
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