News
65 Million Drug Bottles Captured in Chinese Counterfeit Crackdown
Chinese authorities instituted a major counterfeit medicine raid in Henan province cumulating with 114 people arrested and 65 million bottles of medicine collected, estimated at $30 million. Reports Securing Pharma, raids on 117 locations in Anyang, in northern Henan, revealed manufacturing and sales locations for the fake drugs. Police were first alerted to the ring…
[...]The Economy of Counterfeit Drugs – What You Don’t Know Can Kill You
[Via: Carrington College’s Pharmacy Technician training]
[...]Consumers Report Says “Don’t Risk” Buying Meds from Foreign Online Sources
A national poll by Consumer Reports National Research Center says that though Americans are suffering from recession, buying medicines at discounted rates from so-called online pharmacies is a bad idea because the risk of counterfeit medicines is so great. Says Consumer Reports (CR), “ordering from foreign websites should be avoided altogether.” CR discovered that…
[...]Medicare Part D Protecting Seniors from Online Drug Scams
Lower costs for prescription drugs for seniors on Medicare Part D has lowered online victims of counterfeit medicine as well. National Association of Boards of Pharmacy executive director, Carmen Catizone, told Fox News, “Thankfully, we haven’t seen as many seniors being taken advantage of [by fake online pharmacies] since Medicare Part D began offering more…
[...]Google Exec Invests in Counterfeit Drug Fighting Technology
Eric Schmidt, Ex-Google CEO, has invested $3.9million to PharmaSecure, a mobile application used to verify medication authenticity using text messaging reported Haute Living.
[...]Bargain Hunters Can’t Outsmart the Fake Medicine Criminals
Fox News conducted a question and answer session with experts in medicine about the real risks and dangers to consumers from counterfeit medicines in the market. With a nod to PSM’s 2010 Interchange, Fox quoted Dr. Margaret Hamburg’s keynote speech at the Interchange: “In some parts of the world, somewhere between 30% and 50% of…
[...]Brave Scientists Risk Own Lives to Find a Cure for Malaria
A vaccine, developed by the PATH’s Malaria Vaccine Initiative in partnership with GlaxoSmithKline, providing approximately 50% efficacy against malaria, is the result of 25 years of research, and the bravery of scientists willing to infect themselves with the disease in order to test the vaccine.
Keynote Address; Deputy Director Kumar Kibble
Deputy Director Kumar Kibble of the U.s. Immigration and Customs Enforcement (ICE), Department of Homeland Security delivered the keynote address. Kibble started his remarks by reminding us that he is personally inspired Dr. Francses Kelsey of the FDA who blocked the use of thalidomide in the US for pregnant women in 1960, while over 10,000 children in other…
[...]Under Secretary of State Hormats at Interchange: Global Collaboration Key to Curb the Spread of Counterfeit Medicines
Collaboration within the U.S. government, collaboration between governments themselves, and collaboration with the private sector and, all stakeholder groups is essential to the fight against counterfeit and substandard medicines, said U.S. Under Secretary of State Robert D. Hormats during a speech today at the annual Interchange hosted today by the Partnership for Safe Medicines (PSM).
[...]Panel 3: Jeremiah Mwangi, International Alliance of Patients’ Organizations
At the third panel, "Safe Medicines: The Role of Patients & Healthcare Professionals," Jeremiah Mwangi, Policy & External Affairs Director, International Alliance of Patients' Organizations, spoke on the role of patients. Mwangi said that counterfeit drugs are a matter of patient safety, eroding trust in healthcare systems, and creating a public health risk. IAPO has…
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