The United States Pharmacopeia (USP) has released an updated Russian translation of its National Formulary at the Russian Pharmmedobraschenie Conference in Moscow on October 26, 2011. USP is a nonprofit, scientific organization that develops quality standards for medicines. Its National Formulary publishes standards to support the testing of medicinal products and ingredients. In the US, USP’s…
Ukrainian authorizes announced that of the 1.2 billion packages sold in country in 2010, 2.5 million were fake medications. Most medications were antibiotics and hormone drugs that bore counterfeit labels from well-known drug manufacturers, and almost 50% of the counterfeit medications were purchased from the internet according to Intelvlas, reported Petosevic. Ukrainian authorities say they…
The Philippines Bureau of Food and Drug Administration (BFAD) helpd workshops in Batangas to educate consumers about the risks and prevalence of counterfeit medicines. BFAD is working on a long-term public education campaign to teach people not to purchase medications from unregulated sources. Rowena Tupas of the BFAD said that counterfeit medications are thriving because…
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…
[Via: Carrington College’s Pharmacy Technician training]
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…
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…
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.
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…
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.