Showing posts with label criminal enterprises. Show all posts
Showing posts with label criminal enterprises. Show all posts

Wednesday, July 14, 2010

CNBC Video: Combating Counterfeit Drugs

The following short video report appeared on CNBC on July 6th as a precursor to their major network story titled, Crime Inc. Counterfeit Goods.













The expose’ premiers Wednesday, July 14, 2010 9pm eastern on CNBC. Although it is a global report on the criminal act of counterfeiting in general, pharmaceutical counterfeiting is obviously one of the more relevant, sizeable, profitable and dangerous aspects of this growing world wide issue.


Secure Pharma Chain Blog encourages media making the industry and consumers aware of the dangers and prevalence of this deadly scourge.

Sunday, December 27, 2009

UK Gets Tough with Bogus Drug Website Operators

Those operating bogus online pharmacies could face stiffer penalties, up to 12 years jail time under a new law developed by Britain’s Medical and Healthcare Products Regulatory Agency (MHRA).

Specific criminal sentences for counterfeiting medicines are to be introduced in the UK. Convicted individuals would face a maximum penalty of 10-12 years' imprisonment, the agency has announced. Individuals could be found guilty of either supplying or offering to supply counterfeit medicines.

Stronger enforcement is in answer to the increase of counterfeit medicines in the United Kingdom. Earlier this year a British newspaper survey indicated that one out of four general practitioners believes they have treated a victim of counterfeit drugs.

To view the entire article visit: http://www.healthcarerepublic.com/news/975201/Bogus-drug-website-operators-face-12-year-jail-sentences/.

Thursday, October 30, 2008

Economic Downturn Means Counterfeit Medications Likely to Increase

As the economies around the globe continue to teeter and decline, it seems apparent that those same dynamics will trigger an increase in the criminal enterprises that deal in counterfeit medications.

This next year, we anticipate a sharp increase in reported instances of counterfeit pharmaceuticals discovered within the pharmaceutical supply chain.

“All of the economics drivers that are driving the economy down, give counterfeiters the perfect environment to flourish, “stated Alan Clock, Senior Vice President at XStream Systems. “Consumers and healthcare providers that are looking for cheaper medications often look outside of the secure sources and can easily fall prey to unscrupulous suppliers who may be selling counterfeit or adulterated medications.”

As consumers look for value in purchasing medications, it is important to buy products from established, licensed drug stores. Only buy products on-line that are affiliated with a national chain drug store or licensed pharmacy benefit organization.

Most importantly, remember, if it sounds too good to be true…it probably is. Let the buyer beware, especially when you are buying your medications in a troubled economy.