According to research commissioned by pharmaceutical giant Pfizer out Tuesday, the market in counterfeit medicines in Europe is worth an estimated 10.5 billion euros a year.
According to research commissioned by pharmaceutical giant Pfizer out Tuesday, the market in counterfeit medicines in Europe is worth an estimated 10.5 billion euros a year.
One in five of those questioned for the research admitted buying prescription-only medicines without a prescription, with people in Germany (38 percent) and Italy (37 percent) the worst offenders.
China to Investigate Allegations of Fake Drug Exports to Nigeria
Chinese authorities say they are investigating an allegation by Nigeria that a consignment of drugs labeled 'Made in India' were, in fact, fake pharmaceuticals produced in China itself.
Chinese authorities say they are investigating an allegation by Nigeria that a consignment of drugs labeled 'Made in India' were, in fact, fake pharmaceuticals produced in China itself.
The most popular kinds of medicines to buy are those related to weight loss (45 percent), flu (35 percent) and erectile dysfunction (25 percent), the research found.
It comes amid growing concern over the issue among officials who say fake medicines are often unsafe, inefficient or of poor quality.
Bogus Medicines Responsible for Half a Million Deaths a Year
Fake pharmaceutical drugs - whether sold directly over the internet or infiltrated into the neighbourhood pharmacy or local hospitals - have become a huge and fast-increasing threat.
Fake pharmaceutical drugs - whether sold directly over the internet or infiltrated into the neighbourhood pharmacy or local hospitals - have become a huge and fast-increasing threat.
An EU report from July last year claimed that many of the fake pharmaceuticals seized in 2008 came from India.
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Counterfeit Pill Crack Down by Health Canada
Health Canada is drafting a new anti-counterfeit strategy to crack down on the counterfeit pills that is proving a menace.
Health Canada is drafting a new anti-counterfeit strategy to crack down on the counterfeit pills that is proving a menace.
Research consultancy Nunwood questioned 14,000 people in 14 European countries online in November for the Pfizer research.
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New Guidelines Will Help Detect and Study Counterfeit Medicines
New guidelines proposed by a group of international experts will help better study the prevalence and geography of counterfeit and other poor quality medicines that threaten public
New guidelines proposed by a group of international experts will help better study the prevalence and geography of counterfeit and other poor quality medicines that threaten public
Source-AFP
TRI
