PSI Statistics on Pharmaceutical Counterfeits Cited on SafeMeds

The Pharmaceutical Security Institute (PSI), a pharmaceutical manufacturer organization that tracks and investigates counterfeit drugs globally, recently released updated survey finding statistics on SafeMedicines.org regarding drug counterfeiting.

According to the PSI data, drug counterfeiting has increased by 9.2 percent worldwide over the past year.

Other key survey findings include:

· Variety of Pharmaceutical Products Increasing: There were 808 types of counterfeit pharmaceutical products identified in 2009, up more than 36 percent from 2008.

· Geographical Locations More Diverse: Counterfeits were detected in 118 countries in 2008.

· Counterfeit Drugs Going Wholesale: In 531 incidents, counterfeit products reached licensed wholesale distributors and/or pharmacies in 48 different countries. 472 of the 978 counterfeit medicine seizures made by law enforcement were of "commercial" size.

To read the entire Safe Medicines.org posting, visit: http://www.safemedicines.org/2010/06/partnership-for-safe-medicines-psm-joins-with-irish-patients-association-to-combat-counterfeit-medicine-threat.html

The prevalence of this deadly criminal act continues to grow globally within developed and non-developed countries and impacting the health and well being of hundreds of millions of healthcare consumers.

Secure Pharma Chain Blog endorses global regulatory agencies and the members of the various pharmaceutical supply chains to deploy technologies to interdict nefarious product and to verify the authenticity of their inventories.

To learn more about anti-counterfeit pharmaceutical solutions, visit: http://www.xstreamsystems.net/.