Molawchai
BANNED
- Joined
- May 30, 2010
- Messages
- 290
- Reaction score
- 0
Fake drugs big business in India - UPI.com Sept. 11, 2010
NEW DELHI, Sept. 11 (UPI) -- India, the world's leading maker of generic drugs, is also a center for counterfeit and substandard medications, officials said.
With authentic-looking packaging and labeled with the names of legitimate companies like GlaxoSmithKline, Pfizer and Novartis, the fake drugs are sold to Indian consumers and in developing nations around the world, The Washington Post reported Saturday.
"They look real, but all these are fakes," said investigator Suresh Sati, displaying boxes of confiscated drugs in his New Delhi office..
Sati is head of an agency that helps police conduct raids against counterfeit-drug syndicates across India.
"A regular customer cannot make out if a drug is fake. ... The biggest giveaway is when someone is selling medicines very cheap. It is almost always fake," Sati said.
Experts say the worldwide fake-drug industry, worth about $90 billion, is responsible for almost 1 million deaths a year and is contributing to a rise in drug resistance.
Last year, India strengthened its drug laws, and suspects found guilty of manufacturing and selling fake drugs can be sentenced to life in prison.
But it's an uphill battle, Sati said.
"It is very difficult to dismantle the entire operation," Sati said. "When we bust one operation, two more spring up elsewhere."
Fake drugs a bitter pill for India
NEW DELHI - Two recent reports by international health organizations have highlighted the disquieting magnitude of the counterfeit drugs market in India.
The Organization for Economic Cooperation and Development (OECD) reckons that 75% of the world's total supply of fake drugs can be traced to India. The World Health Organization (WHO) pegs the figure at 35%.
Between 10 and 30% of all pharmaceuticals in developing countries are counterfeit, according to the 2006 WHO figures cited in the OECD report, which estimates that India is the biggest culprit in the spurious drugs market though other countries such as Egypt (7%) and China (6%) contribute to this menace. OECD asserts that counterfeiters include medical professionals such as pharmacists and physicians, organized crime syndicates, bogus pharmaceutical companies, corrupt officials and terrorist organizations.
Asia Times Online :: South Asia news, business and economy from India and Pakistan
NEW DELHI, Sept. 11 (UPI) -- India, the world's leading maker of generic drugs, is also a center for counterfeit and substandard medications, officials said.
With authentic-looking packaging and labeled with the names of legitimate companies like GlaxoSmithKline, Pfizer and Novartis, the fake drugs are sold to Indian consumers and in developing nations around the world, The Washington Post reported Saturday.
"They look real, but all these are fakes," said investigator Suresh Sati, displaying boxes of confiscated drugs in his New Delhi office..
Sati is head of an agency that helps police conduct raids against counterfeit-drug syndicates across India.
"A regular customer cannot make out if a drug is fake. ... The biggest giveaway is when someone is selling medicines very cheap. It is almost always fake," Sati said.
Experts say the worldwide fake-drug industry, worth about $90 billion, is responsible for almost 1 million deaths a year and is contributing to a rise in drug resistance.
Last year, India strengthened its drug laws, and suspects found guilty of manufacturing and selling fake drugs can be sentenced to life in prison.
But it's an uphill battle, Sati said.
"It is very difficult to dismantle the entire operation," Sati said. "When we bust one operation, two more spring up elsewhere."
Fake drugs a bitter pill for India
NEW DELHI - Two recent reports by international health organizations have highlighted the disquieting magnitude of the counterfeit drugs market in India.
The Organization for Economic Cooperation and Development (OECD) reckons that 75% of the world's total supply of fake drugs can be traced to India. The World Health Organization (WHO) pegs the figure at 35%.
Between 10 and 30% of all pharmaceuticals in developing countries are counterfeit, according to the 2006 WHO figures cited in the OECD report, which estimates that India is the biggest culprit in the spurious drugs market though other countries such as Egypt (7%) and China (6%) contribute to this menace. OECD asserts that counterfeiters include medical professionals such as pharmacists and physicians, organized crime syndicates, bogus pharmaceutical companies, corrupt officials and terrorist organizations.
Asia Times Online :: South Asia news, business and economy from India and Pakistan