The Counterfeit Medicines Racket is growing at alarming proportions. The United Nations has risen to the occasion, driving a world wide initiative , by way of a task force team that would strive to put an end to the sale of counterfeit drugs. A three day meeting is underway in Rome, starting today, February 16th, where all the key players - Pharamaceutical companies, Regulatory bodies and groups which represent the consumers will bring to the table, out- of- the- box solutions, to end this menace of fake drugs.
The stark reality of Fake drugs, a silent killer , has its tentacles spreading world-wide and expected to sky rocket to the tune of $75 billion by 2010, making up almost 10% of the worldwide medicine trade according to the WHO, statistics. This will be a fatal blow to the sick, unwitting targets of a nefarious network.
Howard Zucker, assistant director general for Health Technology and Pharmaceuticals at the WHO, drove the grim reality home , when he said People don't die from carrying a fake handbag or wearing a fake T-shirt. They can die from taking a counterfeit medicine. International police action against the factories and distribution networks should be as uncompromising as that applied to the pursuit of narcotic smuggling.