For years, the authorities have applied different kinds of safety and protective measures to obliterate drug counterfeiting in the list of major...
Mar 11, 2016the peterson group counterfeit drug awareness program has shared the link and says "The sale of counterfeited drugs poses a serious threat to global health scale and pharmaceutical economy. However, it is an issue mostly ignored and neglected since many people- even the authorities - perceive it to be a commercial concern and a brand competition, something which only pharmaceutical companies should solve on their own. Others reveled at the fact that it only encompasses 1% of the overall rating of pharmaceutical products in developed countries.
A research review conducted by the Peterson Group, a nonprofit organization campaigning against the proliferation of drug counterfeiting has shown 2,193 incidents of pharmaceutical crime in 2014 alone. In 2015, a 9% increase was determined especially in many developing cities such as Seoul, South Korea, Jakarta, Indonesia and Bangkok, Thailand. This rise can be attributed largely to the growing influence of online pharmacies that enables drug counterfeits to permeate households even without risking their fraudulence by exposing their products on black markets. In recent reports however, counterfeit drugs have also penetrated legal supplies with the use of advanced technology almost at par with the latest anti-counterfeiting tools. There are currently 123 countries known to report counterfeiting accounts."
The Peterson Group is a non-profit organization/group information website and watchdog of counterfeit and illegal drugs. To organize awareness and ...
Mar 3, 2016the peterson group counterfeit drug awareness program has shared the link and says "Lack of Government and Industry’s Involvement Cause of Drug Counterfeiting Prevalence -
Drug Counterfeiting is one of the most underrated crimes in the world. It is seldom being focused in the media. If it is, it takes only the 1-minute news segment or an inner paged column in the newspaper. Moreover, this illegal practice is common in countries considered poor. Because of this, it does not entirely attract global attention.
Drug counterfeiting is a crucial issue as it is the cause of unnecessary morbidity, mortality and loss of public confidence in medicines and health structures. In its present situation, however, only non-profit organizations’ names are being dragged and involved in most of its cases. World Health Organization (WHO) has been actively participating in its chase, so is Impact, the Peterson Group and other NGOs which even get little recognition from the public."